The industrial market in South Florida is not slowing down, as new construction is the main driver behind increased rental rates in the Miami market.
According to a Q2 2022 Industrial Insight Report for South Florida by JLL, 4.4 million square feet are set to be delivered over the next 18 months. Most of those are concentrated in the Northwest Dade and Medley submarkets. Vacancy rates are expected to remain around 2% for the foreseeable future as the rate is at an all-time low overall.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
