U.S. industrial rents grew fastest in Miami – up 11% year-over-year – with more than 15 million square feet of new, high-quality industrial space coming to market since 2022. Other Southern markets also saw strong growth.
warehouse rental costs Archives - Miami Airport Warehouses
- 01
Jul - 0
- By:ADMIN
Property Taxes Put The Squeeze On Industrial
According to Savills, rising property taxes are putting the squeeze on CRE owners and occupiers and they’re also limiting rents. The industrial market is feeling particularly sharp pressure.
- 08
Nov - 0
- By:ADMIN
Prologis Predicts Industrial Vacancies To Reach Historic Lows Next Year
According to a new Prologis report, industrial vacanciy is expected to reach a historically low level in mid-2024. Even though a significant amount of new space was added to the market in Q3 2023 from projects begun in 2022 and the national vacancy rate rose,, companies in search of logistics space would be well advised to act soon.