Commercial
| MIAMI-DADE COUNTY OFFICE MARKET |
|
|
|
|
|
|
|
|
|
| Market |
Rentable Area (SF) |
Vacancy Rate (%) |
Direct
Weighted Asking
Lease Rate
FS/YR |
| Total |
39,818,115 |
8% |
$30.88 |
| Class A |
16,530,332 |
6.60% |
$37.06 |
| Class B |
16,545,724 |
8.60% |
$28.23 |
| Class C |
6,742,059 |
9.90% |
$25.43 |
|
|
|
|
|
|
|
|
| MIAMI-DADE COUNTY INDUSTRIAL MARKET |
|
|
|
|
|
|
|
|
|
| Market |
Rentable Area (SF) |
Vacancy Rate (%) |
Direct Weighted Average Asking Lease Rate SF/YR Industrial Gross |
| Central Miami-Dade |
3,827,458 |
3.70% |
$7.46 |
| East Miami-Dade |
3,760,029 |
11.10% |
$6.67 |
| Hialeah |
37,006,890 |
8.10% |
$7.29 |
| Medley |
27,716,597 |
6.00% |
$8.62 |
| Miami-Airport |
73,748,969 |
5.90% |
$9.90 |
| Miami Lakes |
12,080,604 |
7.80% |
$8.65 |
| North Miami |
33,844,484 |
5.90% |
$7.41 |
| South Central Miami |
14,933,249 |
6.30% |
$10.72 |
| South Dixie Highway |
8,212,727 |
6.30% |
$9.12 |
| South West Dade |
8,936,185 |
4.90% |
$10.93 |
| West Miami |
4,475,243 |
1.00% |
$12.52 |
|
|
|
|
|
|
|
|
| Source: CB Richard Ellis, 1Q 2008 |
|
|
|
|
|