Miami, FL Commercial Real Estate

South Florida commercial real estate has ranked among the country’s best markets for fiscal stability, more than once. Miami is the main driver of population and business growth across the region. The city’s business-friendly environment continually draws both national and international investors. Miami’s location, climate, and diverse cultural influences have sustained a healthy regional retail sector, as well as the office and industrial real estate development that is fueled by the city’s strong professional services segment.

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The average rent for commercial real estate for lease in Miami is $32.66 per square foot per year. There are currently 1,209 availabilities listed locally, spread across 10 trophy grade and 148 class A commercial assets, as well as 274 class B and 78 class C properties. Out of the total number of buildings with vacancies listed in our inventory, 23 are LEED-certified. The average size of a commercial space for lease in Miami is 5,926 square feet.

Sweetwater, Miami
$9.95/Sqft/Year

Dolphin Commerce Center

11350 NW 25th Street, Sweetwater, Miami, FL 33172
Includes 2,720 square feet of office space. This Industrial building was completed in 1999 and features a total of 86,850 Sqft.
Property
Industrial
Availability
1 Space / 14,489 Sqft
Downtown Dadeland, Miami
$40 - $44/Sqft/Year

One Datran Center

9100 South Dadeland Boulevard, Downtown Dadeland, Miami, FL 33156
There are 12 Office spaces available for lease at 9100 South Dadeland Boulevard, Miami, FL, 33156, totaling 51,708 Sqft. The largest space available has 20,122 Sqft and a rental rate of $40 - $44/Sqft/Year.
Property
Office
Availability
12 Spaces / 51,708 Sqft
Westernland - Mirosa, Miami
$25/Sqft/Year

Sunset Square Office Park A

9485 Sunset Drive, Westernland - Mirosa, Miami, FL 33173
High quality office space, customized office built-out, beautiful landscaped patio, on-site managment, ample parking, east access to SR 826, Turnpike & SR 836, Close to restaurants and & shops.
Property
Office
Availability
3 Spaces / 12,435 Sqft
Tamiami, Miami
$18 - $19/Sqft/Year

Kendall Medical Plaza

11880 SW 40th Street, Tamiami, Miami, FL 33175
There are 8 Office spaces available for lease at 11880 SW 40th Street, Miami, FL, 33175, totaling 10,754 Sqft. The largest space available has 2,804 Sqft and a rental rate of $18 - $19/Sqft/Year.
Property
Office
Availability
8 Spaces / 10,754 Sqft
Blue Lagoon Area, Miami
$23.5/Sqft/Year

6505 Waterford

6505 Blue Lagoon Dr, Blue Lagoon Area, Miami, FL 33126
There are 6 Office spaces available for lease at 6505 Blue Lagoon Dr, Miami, FL, 33126, totaling 54,141 Sqft. The largest space available has 22,729 Sqft and a rental rate of $23.5/Sqft/Year.
Property
Office
Availability
6 Spaces / 54,141 Sqft
Miami Media and Entertainment District, Miami
$22/Sqft/Year

Boulevard Center

1444 Biscayne Boulevard, Miami Media and Entertainment District, Miami, FL 33132
This office building is adjacent to the Omni (offices, retail, and Hilton Hoteal), and includes 4 levels of covered parking accessible via walkway on the 2nd floor.
Property
Office
Availability
6 Spaces / 11,601 Sqft
Brickell, Miami
13 Spaces Available

South Tower

1101 Brickell Avenue, Brickell, Miami, FL 33131
South Tower is located at 1101 Brickell Avenue in the Brickell neighborhood, FL, Miami, 33131. The Class B Office building was completed in 1964 and features a total of 105,601 Sqft.
Property
Office
Availability
13 Spaces / 31,131 Sqft
Blue Lagoon Area, Miami
$23.5/Sqft/Year

6100 Waterford

6100 Blue Lagoon Dr, Blue Lagoon Area, Miami, FL 33126
There are 4 Office spaces available for lease at 6100 Blue Lagoon Dr, Miami, FL, 33126, totaling 14,585 Sqft. The largest space available has 7,712 Sqft and a rental rate of $23.5/Sqft/Year.
Property
Office
Availability
5 Spaces / 16,538 Sqft
Downtown Dadeland, Miami
Dadeland Professional Building Office Space
$30/Sqft/Year

Dadeland Professional Building

9655 South Dixie Hwy, Downtown Dadeland, Miami, FL 33156
High quality office space, customized office built-out, beautiful landscaped patio, on-site managment, ample parking, east access to SR 826, Turnpike & SR 836, Close to restaurants and & shops.
Property
Office
Availability
3 Spaces / 4,386 Sqft

Miami Commercial Real Estate Market Stats

The highly popular "Cruise Capital of the World" is also home to a vibrant commercial real estate market — a sunny, sprawling expanse of iconic architecture, which houses everything from multifamily to office, to retail, with no shortage of mixed-use developments in the making.

Miami city proper is home to a population of more than 400,000 residents, as well as some of the most highly valued Florida real estate. Commercial space for lease in Miami commands rents of $32.66 per square foot per year, on average. Listings vary greatly in size across property types, and include spaces as small as 95 square feet or as large as 311,479 square feet. Locally listed commercial spaces total 5,371,150 square feet, with rents starting at $9.5 per square foot per year.

Listings on the Miami market include 148 class A commercial properties, and 10 that are class A+. The average rental rate for class A commercial space here is $39.08 per square foot per year, while class A+ rentals command $62.30 per square foot per year. The average rent for class B commercial space for lease in Miami is $28.24 per square foot per year, while rents for class C commercial property listed locally average $26.11 per square foot per year.

Commercial real estate news

From our blog

Industrial Deliveries Growth in 2020
Life Sciences & Biotech Hub Planned for Dallas Pegasus Park

July 15, 2020

Lyda Hill Philanthropies and J. Small Investments recently announced their future-focused redevelopment plans for Pegasus Park. The project aims to boost the science and tech scenes in Dallas and turn the former ExxonMobil campus into a hub for innovation and social influence.

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Lingerfeld Commonwealth Sells Tampa Office Building
Lingerfeld Commonwealth Sells Tampa Office Building

July 7, 2020

Richmond, Va.-based commercial real estate investment firm Lingerfeld Commonwealth Partners (LCP) recently announced the sale of Buschwood III in Tampa, Fla., to fellow Virginia-based company Continental Capital Partners (CCP). The sale price was reported to be $10.35 million.

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Rexford Closes on $73M SoCal Infill Portfolio
Rexford Closes on $73M SoCal Infill Portfolio

July 3, 2020

Rexford Industrial Realty Inc., a real estate investment trust (REIT) focused on investing in and operating property in Southern California infill markets, recently completed the purchase of a five-property portfolio for $73.2 million. The acquisition incorporates 434,000 square feet of both value-add and institutional-quality assets.

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