Larry GenetSouth Florida industrial real estate

South Florida warehouse market

What's shaping warehouse space in Miami-Dade and Broward, and where the numbers come from.

What shapes warehouse demand

  • Building age. A lot of South Florida's warehouse stock is older infill with lower clear heights, while newer buildings offer taller clear heights and more dock doors.
  • Location. Space near the ports, the airport, and major highways like the Turnpike, I-75, and I-95 is in the highest demand.
  • Hurricane code. New construction and door or roof replacements must meet High-Velocity Hurricane Zone standards, which adds cost.
  • No more rent tax. Florida's sales tax on commercial rent ended for rental periods starting October 1, 2025, lowering occupancy costs for tenants.

Recent public transactions

Address Submarket Building size Sale date Source
Pending Pending Pending Pending County property appraiser