Hialeah
Miami - FL USA - Industrial Submarket
Industrial real estate intelligence for the Hialeah submarket. 31.5M SF of inventory with 5% vacancy. Data sourced from various MLS platforms.
31.5MSF
Inventory
1.8MSF
Available
5%
Vacancy
5.6%
Availability Rate
$16.05
Asking Rent
1.1%
Rent Growth
-176,968SF
12mo Absorption
69KSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.2%%
Sale Price/SF
$227
Cap Rate
6.0%%
12mo Sales Volume
$137,356,276
Sales Vol Growth
-44.2%
Asset Value
$7,151,908,630
Net Absorption
-176,968 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| 2300 NW 89th Pl | $8.0M | 94,449 | Banyan Street Capital |
| CoreSite MI2 Data Center | $34.0M | 137,938 | CoreSite |
| CoreSite MI1 Data Center | - | 47,474 | Stonepeak Partners LLC |
| CoreSite MI1 Data Center | - | 47,474 | American Tower Corporation |
| Doral Technology Center | $6.7M | 17,446 | Buyer 1 United Agent Group Inc. | Buyer 2 VR Enterprises of Miami, LLC |
Data Centre Development Potential
Moderate vacancy (5%) in Hialeah suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 69K SF indicates developer confidence in the submarket. Negative absorption of 177K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Miami - FL USA
Evaluating Hialeah for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.