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Downtown Miami Miami industrial is still heating up.

MIAMI—Maxfreight International Logistics just inked a 25,600-square-foot industrial lease at Prologs Beacon Industrial Park. The deal brings the industrial park’s Building 6, which is located in the Miami-Airport West submarket, to 100% occupancy.

“Demand is reaching a decade-long high particularly in the Miami Airport and Medley submarkets,” says George Pino, president of State Street Realty who represented Prologis tells GlobSt.com. “Vacancy rate for industrial space is approximately 5% which is the lowest in eight years.”

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Jennifer LeClaire


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