2018-2019 Miami Retail Major Markets Report

SUBMARKET HEALTH RECOVERY

EXPANSION

DECLINE

CONTRACTION

Brickell

Coral Gables

Design District

Coconut Grove

Downtown

Wynwood Miami Beach

Kendall

Activity Rebounds Occupancies Increase Rents Stabilize New Tenants Move In

Activity Accelerates Rapid Drop in Vacancy Rents Rises Sharply Some Tenants Priced Out

Activity Falls Vacancy Slowly Rises Rents Decline Slightly Tenants Start to Leave

Limited Activity Long-Term Vacancy Rents Stagnate Empty Storefronts

2018-2019 EDITION 53