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United States | Miami, FL

Report | Miami-Dade Industrial Statistics - Q2 2011

Summary

Miami – Dade’s industrial statistics are showing signs of consistent growth albeit at a slow rate. Some of the market trends are:
• The year – to - date total net absorption is 814,889 square feet. The second quarter was slower relative to the previous quarter in terms of the leasing activity. 
• Vacancy rates have dropped in this region with most of the submarkets reporting a single digit vacancy rate which lies in the range of 8 to 10 percent. The overall vacancy rate for the Miami – Dade County is 10.0 percent.

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