Q4 2018 Miami Retail Market Report
Date Published: 02/06/2019
The retail market in Miami-Dade County stabilized throughout 2018 as vacancy rates sat below 4 percent. Experiential development along with booming culinary trends, such as food halls, have kept Miami’s retail market active. In the fourth quarter of 2018, Miami- Dade saw 578,948 square feet of retail space delivered to the market. Overall, the county saw 1.2 million square feet of new retail deliveries in 2018. Over 3 million square feet of retail space remains under construction in Miami-Dade County.