Is it Amazon fever? Miami-Dade’s industrial market booming, rental rates skyrocketing: report (THE REAL DEAL SOUTH FLORIDA)August 5, 2017
Booming e-commerce and a growing population are propelling industrial rents and new construction in Miami-Dade, with rental rates skyrocketing by 35 percent since 2010, according to a newly released report.
In its report, JLL found that Miami-Dade absorbed 7 million square feet of industrial space during the past two years, with more construction and higher growth in rental rates than three other major markets in northern New Jersey, Seattle, Washington, and Oakland, California.
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