SFL Pulse360 | Page 44

Industrial Statistics //Miami-Dade MIAMI-DADE INDUSTRIAL Q4 2014 | Q4 2014 YTD completions (sf) YTD Direct net direct net Inventory (sf) absorption (sf) absorption (sf) Total net absorption (sf) YTD total net absorption (sf) YTD total net absorption (% of stock) Direct vacancy (sf) Under construction / renovation Direct Total vacancy Total vacancy Average asking (sf) vacancy (%) (sf) (%) rent ($ psf) NNN Market Totals Warehouse & Distribution Manufacturing Totals 1,475,632 99,566,783 442,000 1,270,330 467,200 1,281,605 1.3% 7,295,985 7.3% 7,463,414 7.5% $5.20 0 13,855,425 -4,000 -139,449 -4,000 -139,449 -1.0% 559,905 4.0% 560,218 4.0% $5.13 1,475,632 113,422,208 438,000 1,130,881 463,200 1,142,156 1.0% 7,855,890 6.9% 8,023,632 7.1% $5.18 888,000 0 888,000 *All classes, 30,000 s.f. and higher Valerie Mnayarji, Research Analyst 1221 Brickell Avenue, Suite 200, Miami FL 33131, [email protected] © 2015 Jones Lang LaSalle IP, Inc. All rights reserved. // 44