Florida CRE Pros logo, a VIVO Real Estate Group team
Monthly market intelligence

South Florida Industrial Market Update

Every month: asking rents, vacancy, net absorption, and new construction for Miami-Dade industrial, with what it means for occupiers, owners, and investors.

This month’s highlights · Q2 2026
$17.19
Avg. asking rent ($/SF/yr NNN)
7.7%
Vacancy rate
782,677 SF
Net absorption (Q2 2026)
2.9M
Under construction (SF)
Miami-Dade Industrial Market Snapshot · Updated Q2 2026 · Source: Colliers Q2 2026
For tenants

With vacancy near 7.7%, tenants have more options and negotiating room than in recent years, especially in older buildings. Start renewal talks 12 to 18 months out.

Occupancy Strategy Review →
For owners

More competing space means well-maintained buildings with modern specs lease fastest. Price space to today's market and plan ahead for rollover.

Industrial Asset Review →
For investors

About 2.9M SF is under construction, much of it delivering in 2027. Stabilized, well-located assets remain in demand while new supply tests lease-up.

Opportunity List →
Inside the full report

What you’ll get in the PDF

  • Rents, vacancy, absorption, and construction by Miami-Dade submarket
  • Notable lease and sale transactions
  • New supply pipeline and what it means for rents
  • Our outlook: renew, relocate, buy, hold, or sell

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October 2026 is the first monthly edition. Resumen en español

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