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Moderating consumption and port activity affecting Miami industrial space demand

Large logistics properties farther from the port see rent growth weakness
CoStar Analytics
December 2, 2024 | 4:31 P.M.

Compared to right before the pandemic, Miami's import volume has increased considerably. This trade activity has bolstered industrial demand in the area, with newer properties located closer to the port seeing tighter vacancies and stronger rent performance than those farther away.

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