Commercial Real Estate April, 2025

Apr 21

Sales Volume: In Q1 2025, Miami-Dade County recorded $1.4 billion in commercial real estate sales, marking a 30% year-over-year increase. This growth is part of a broader trend in Southeast Florida, where total commercial sales transactions rose 32% to $2.9 billion, despite a 26% decrease in the number of properties traded, indicating a focus on higher-value deals .MIAMI REALTORS®
Investor Sentiment: Miami ranks as the second most attractive U.S. market for commercial real estate investment in 2025, with 70% of investors planning to acquire more assets, particularly in multifamily and industrial sectors .CBRE Commercial Real Estate Services

Office: The office sector is thriving, with significant demand for premium spaces in areas like Brickell. Vacancy rates remain below national averages, and rents have increased by approximately 10% year-over-year, reflecting the influx of finance and tech firms relocating to Miami .Brevitas+1Financial Times+1
Industrial: Miami's role as a logistics hub, bolstered by PortMiami and Miami International Airport, has led to record-low industrial vacancies (often under 4%) and double-digit rent growth. The demand is fueled by e-commerce and regional trade, with areas like Doral and Medley experiencing high activity .floridacommercialteam.com+2Brevitas+2LinkedIn+2
Retail: The retail market is experiencing a resurgence, with investment volumes in Miami-Dade jumping over 170% year-over-year in early 2024. High-street retail districts like the Miami Design District and Lincoln Road are attracting luxury brands and increased foot traffic .Brevitas+1MIAMI REALTORS®+1
Multifamily: The multifamily sector remains strong, driven by population growth and demand for rental units. While higher interest rates have tempered some investor activity, development continues, particularly in downtown and Edgewater, to meet housing needs .floridacommercialteam.com+2MIAMI REALTORS®+2Brevitas+2 Brevitas

Mixed-Use Developments: There is a notable increase in mixed-use projects that combine residential, commercial, and entertainment spaces, especially in neighborhoods like Brickell and Wynwood. These developments cater to the demand for integrated live-work-play environments .Brevitas+2LinkedIn+2Smith-CRE+2 Brevitas
Sustainability: Sustainable building practices are becoming a priority, with properties featuring LEED certifications and eco-friendly designs attracting tenants and investors seeking long-term value and compliance with environmental standards .Smith-CRE+1LinkedIn+1

Jacqueline Murdocco

Investing in Miami