Miami, Florida
Office Market: Class A availability across Miami decreased to 20.1% in Q3 2024, with Downtown Miami's total vacancy falling to 14.0%, a record low for the submarket. [https://www.cbre.com/insights/figures/miami-office-figures-q3-2024]
Industrial Sector: The industrial market remains strong, with sustained demand and low vacancy rates.
Multifamily Sector: Over the past 12 months, there were 213 multifamily property transactions, with an average vacancy at sale of 5.5%. [Source: https://mmgequitypartners.com/miami-multifamily-real-estate-report-q4-2024/]
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