Miami-Dade Trade Spikes Commercial Realty Recovery

by Isaac Benmergui, Esq on January 30, 2012

International trade has turned the Miami-Dade industrial market into the strongest in the United States. Along with infrastructure projects, the influx of investments from Latin America has shaved 6 percentage points off the residential vacancy rate and newer corporate rental space near the airport is now below the countywide 7-9 percent vacancy rate.

Wynwood Design District

The center region of the county is seeing a rebirth in the transformation of smaller industrial space into art galleries, product showrooms, and studios, as landlords feed the need for upscale space.

Hialeah Market Area

The Hialeah market is split, with the strongest property market in the smaller industrial buildings and vacancy rates for the larger and older buildings still high.

The Right Space for You

Picking the right location and finding the most lucrative real estate deal for your money can be a complicated matter and the landlord has his best interests at heart. Before you sign on the dotted line, call the law offices of Isaac Benmergui at 780-800-2510 or email Isaac@benmerguilaw.com. Your business deserves an attorney who specializes in real estate matters .

 

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