During Q2 2020, the economy saw one of the hardest financial crisis in decades, due to the coronavirus. Despite that, Industrial real estate performed relatively well, including here in Miami. On Episode 9 of the podcast, Edison brings us the latest statistics for this quarter. One interesting milestone for the market was that it crossed 250,000,000SF in inventory.

The Statistics for this quarter were:

Vacancy Rate: 5.3%

Average Lease Rate: 12.55/SF

Average Sale Price: $155/SF

We featured our listing at 1800 NW 89th PL. +/- 106,046SF For Sale or Lease.

The Industrial Market continues strong even after Covid-19 pandemic.

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