Leasing trends, deal activity, zoning and policy shifts across Palm Beach, Broward and Miami-Dade — written by our brokerage and our agents.
With negative Q2 absorption, vacancy near 8-8.7%, and roughly 805,000 SF under construction and set to deliver by year-end, Palm Beach landlords face a supply test that should keep concessions on the…
Broward asking rents are quoted near $17+/SF, but availability is running well above vacancy and less than 10% of space delivering by year-end is preleased —…
Two trades this week — Ares' $108.7M purchase of two BGRE warehouses and Dalfen's $21.3M airport-area buy — show institutional buyers are still paying premium pricing…
Palm Beach remains the softest of the three industrial markets on vacancy and rent, and a proposed one-year moratorium on new data-center applications — following the…
No transaction this week matched Miami's Walmart or Doral deals, and that itself is the signal: Broward's 9.9% availability against 6.2% vacancy means headline asking rents…
Palm Beach asking rents are essentially flat quarter over quarter and the construction pipeline has fallen from a 2.6M-SF peak in 2023 to roughly 799,000 SF…
Walmart's 16-year, full-building lease at a new Medley warehouse and Midtown Capital's $86M, $296/SF purchase of a 14-property Doral portfolio both point the same way: large…
MDH Partners' $40.1M, $304/SF purchase of the fully-leased Sawgrass Distribution Center I confirms institutional capital still pays up for stabilized Broward industrial — but 9.9% availability…
AAR's 100,000+ SF MIA expansion, Powerhouse Engines' 90,000-SF Tamiami lease, and Vision Aerospace taking a Medley project from 11% to 100% leased in ten months all…