Miami Industrial MarketBeat Q1 2026
Miami's industrial market in Q1 2026 experienced a 59.3% decline in construction completions to 367,000 square feet compared to the prior year, while vacancy rose to 6.5% amid net occupancy losses of 11,000 square feet and a 6.5% year-over-year decrease in weighted average asking rents to $15.75 per square foot. Leasing activity totaled approximately 1.1 million square feet, representing a 46.2% YOY decline in deal volume, with Airport West recording the highest absorption and over 3.4 million square feet of leased space expected to occupy by year-end 2026.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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