Miami Airport North
Miami - FL USA - Industrial Submarket
Industrial real estate intelligence for the Miami Airport North submarket. 14.5M SF of inventory with 6.7% vacancy. Data sourced from various MLS platforms.
14.5MSF
Inventory
896KSF
Available
6.7%
Vacancy
6.2%
Availability Rate
$21.41
Asking Rent
1.0%
Rent Growth
299KSF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$283
Cap Rate
6.0%%
12mo Sales Volume
$269,715,459
Sales Vol Growth
94.0%
Asset Value
$4,100,047,450
Net Absorption
+299K 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 (6.7%) in Miami Airport North suggests a balanced market with selective opportunities for data centre conversion or development. Positive net absorption of 299K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Miami - FL USA
Evaluating Miami Airport North 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.