Miami Industrial Market Report Q1 2026
Miami's industrial market reached record average sale prices of $257 per square foot in Q1 2026, marking the ninth consecutive quarter of appreciation, while asking rents averaged $17.26 psf NNN despite a 1.7% quarterly decline. Vacancy rose to 7.2% as new supply was delivered and leasing cycles lengthened to 6.1 months, the longest in two years, though overall leasing activity of 3.1 million square feet remained within the market's normalized demand range with transaction volume at $208 million.
Published by Avison Young. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Avison Young
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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