USSTOCK.TODAY
Market Closed
Log in Sign up

Miami-Dade retail pipeline reaches 1.3 million square feet, doubling previous year levels

CRE Daily ·

CIGI
CIGI Colliers International Group Inc
$85.98 -0.49%
View chart & analysis →
  1. 1Miami-Dade developers reached a retail pipeline of 1.3 million square feet in Q3, doubling the Q3 levels of the previous year.
  2. 2Triple net asking rents reached a record level of $44.34 per square foot.
  3. 3Colliers Senior Vice President Sabrina Stimming noted the growth rate is surprising.

So what's the key point?

Commercial development in the Miami-Dade area reached 1.3 million square feet. Rents also reached an all-time high of $44.34 per square foot.

Source CRE Daily · View original ↗

Related 3-line summaries

Colliers: US industrial real estate development market shifting from correction to new cycle CRE Daily · 4d agoWESCO International reports Q2 net income of $209 million Associated Press +1 · Jul 31Deutsche Bank CFO notes continued trading momentum in July Bloomberg +3 · Jul 29
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news