The industrial vacancy rate in Miami rose by half of a percentage point in the second quarter, compared to the same period in 2011, according to a new report from Cushman & Wakefield. The vacancy rate stood at 7.4 percent in the second quarter, while direct asking rents fell 3.9 percent to $5.24 per square foot per year. The sector continues to be led by the Airport West submarket, which was led in the second
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