• The average asking rate in Q4 2018 was $9.44 per sq. ft., representing a $0.11 (1.2%) increase quarter-over-quarter and a $0.44 (4.9%) increase year-over-year.
  • Total vacancy for the Miami Industrial market in Q4 2018 was 3.0%, declining (0.6%) quarter-over-quarter and year-over-year.
  • The Miami industrial market currently has 18 projects totaling 3.0 million sq. ft. under construction and 2.4 million sq. ft. of planned projects.
  • In Q4 2018, sales volume amounted to $62.5 million in 4 transactions for 389,000 sq. ft.