• Total vacancy for the Miami industrial market in Q4 2019 rose 40 bps quarter-over-quarter and 60 bps year-over-year.
  • About 2.2 million sq. ft. of industrial space is under construction, with 1.9 million sq. ft. of planned projects for 2020 and 2021.
  • Capital markets volume amounted to $147 million in 12 transactions with an average sale price of $128 per sq. ft.
  • The year-to-date deliveries have added 5.2 million sq. ft. of industrial space to the market.