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Flight to quality and new supply reshape Miami’s industrial landscape

Older buildings drive negative absorption
Countyline Corporate Park in Hialeah, Florida. (CoStar)
Countyline Corporate Park in Hialeah, Florida. (CoStar)
CoStar Analytics
August 14, 2025 | 3:04 P.M.

Miami’s industrial market is undergoing a notable shift as absorption has trended negatively, causing vacancy to rise and rent growth to moderate over the past year.

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