After two years of dominance by Inland Empire, Calif., Miami took the top spot for the highest industrial rent growth with an 11.9% year-over-year increase.
vacancy rates Archives - Page 3 of 9 - Miami Airport Warehouses
- 19
Sep - 0
- By:ADMIN
Welcome To Normalization: Warehouse Demand Takes A Dip, But Remains Strong
South Florida’s industrial properties remain a valuable commodity for landlords and real estate investors as vacancies hover near record lows and rents continue to rise, developers and brokers say. However, with more warehouses being built and businesses less desperate for storage space, the wild days of annual double-digit rent hikes are long gone.
- 14
Aug - 0
- By:ADMIN
Here’s Why Industrial Will Stay A Landlord’s Market
A new report by Colliers says the industrial market will, in short, remain in landlord’s territory, Prologis agrees by recently saying the competition for industrial space will increase in 2024.
- 31
Jul - 0
- By:ADMIN
Commercial Real Estate Booms Near Miami International Airport
Considered one of the most sought-after areas in Miami-Dade County, Doral’s commercial and industrial real estate remains strong due to its proximity to Miami International Airport, The whole city is enjoying about 95% commercial real estate occupancy for the second quarter of the year, with some space asking rates at $55 to $65 per square foot.
- 19
Jun - 0
- By:ADMIN
South Florida’s Industrial Developers Bet On Long-Term Rent Growth
Rising development costs, whether from high land prices or increased construction costs, has led investors to shift away from evaluating sites based on historical lease prices and instead betting on the potential for rent growth that could be spurred by a lack of supply.