According to JLL’s report, quarterly rent growth has softened with quarter-over-quarter rent growth at 4%. Year-over-year rent growth is double what asking rates were a year ago at 45%.
March 07, 2023 at 02:29 PM
3 minute read
Florida Bureau Chief
Demand for industrial space in Miami-Dade continues to outpace supply as landlords and investors still have their eye on the market.
That’s according to JLL’s Q4 Industrial Insight Report for South Florida, which says rental rates in Miami-Dade continue to go up due to record-low vacancies, limited supply and continued demand.
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