The Studley 50K Industrial Index is a monthly presentation of South Florida industrial buildings, of Class A & B quality, built in the last 20 years, with ceiling heights of 24 feet or greater. The three county index monitors a current total of 338 owner occupied or leased facilities which represent a total of approximately 43 million square feet.

1. Studley 50K
Industrial Index
South Florida
Total
Building Year
Building Address City Class Built Available Featured Property
Space (SF) (1)
Miami/Dade 9950 NW 17th Street, Building 4, Miami, FL 33172
2000 NW 97th Ave Doral A 1998 54,574
2601 Nw 104th Ct Doral B 1993 68,979
3250 NW 107th Ave Doral A 1997 54,885
3505 NW 107th Ave Doral A 1998 112,000
6301 E 10th Ave Hialeah A 1999 600,000
11401 NW 134th St Medley A 2007 180,000
8551 NW 30th Ter Miami A 1994 100,000
8925 NW 27th St Miami A 1999 100,098
3200 NW 112th Ave Miami B 1995 85,424
6905-6909 NW 25th St Miami B 1978 145,855
8900 NW 33rd St Miami B 1999 50,000
9880 NW 25th St Miami B 1998 64,913
9950 NW 17th St Miami B 1996 148,750
Photo Courtesy of CoStar
Broward
Submarket: Miami Airport West Industrial
4000 NW 124th Ave Coral Springs A 2006 50,000
4250 Coral Ridge Dr Coral Springs B 1981 245,000 Building Size: 148,750 SF
2900 SW 15th St Deerfield Beach B 2003 120,000 Year Built: 1996; Class B, Industrial
740 S Powerline Rd Deerfield Beach B 2008 149,000 Available SF: 148,750 SF
750 S Powerline Rd Deerfield Beach B 2008 95,000
10200 NW 67th St Fort Lauderdale B 1994 135,000 Miami-Dade dominates the tri-county region in leasing activity
3901-3931 SW 30th Ave Fort Lauderdale B 2001 54,355
this period. Broward and Palm Beach continue to lag by
comparison.
11600 Miramar Pky Miramar A 2004 89,800
11700 Miramar Pky Miramar B 2008 93,908 Total leasing activity year-to-date has reached over 3.5 million
15351 SW 29th St Miramar B 2008 62,552 square feet in all Index buildings with 6.3 million square feet of
vacancy or 14.2% of the included inventory. Notwithstanding
3701 Flamingo Rd Miramar B 2000 183,331
the uptick in activity, average rental rates moved slightly lower
2500 SW 32nd Ave Pembroke Park B 2000 258,270
with a current average net rent of $6.19 per rentable square
2700-2798 SW 32nd Ave Pembroke Park B 1999 75,000
foot and an average asking for sale price currently at $100
1300-1380 Park Central Blvd S Pompano Beach A 1997 51,394 per foot.
1800-1838 SW 2nd St Pompano Beach A 2002 92,150
The most notable lease transactions completed during the
2700 NW 19th St Pompano Beach A 2208 51,308
month include:
2901 NW 27th Ave Pompano Beach A 2009 56,334
USA Tile & Marble signed a 76,066 square foot lease at
2004-2032 NW 25th Ave Pompano Beach B 1999 95,700
7007 NW 30th Street in Doral;
2001-2009 NW 25th Ave Pompano Beach B 1999 98,980
2500-2510 W Copans Rd Pompano Beach B 2000 95,450 Stoneline Group leased 57,760 square feet at 3520-
3000 NW 27th Ave Pompano Beach B 2008 81,692 3560 NW 72nd Avenue in Miami bringing the occupancy
rate in the building to 100%;
251 International Pky Sunrise B 1994 178,791
Palm Beach 1 Sale A Day moved into 106,000 SF at 5960 Miami
Lakes Drive in Miami Lakes;
1920-1972 High Ridge Rd Boynton Beach A 2004 104,233
2037-2045 High Ridge Rd Boynton Beach A 1999 57,631 There are forty-two buildings containing available blocks of
410-420 S Congress Ave Delray Beach B 1995 106,022 50,000 square feet or more. Existing inventory continues to
15132 Park Of Commerce Blvd Jupiter A 2008 103,000 diminish at a moderate pace with few additions coming to
market. Apart from the aura of uncertainty centered around
(1)
Includes future availabilities currently being marketed. European sovereign debt, banking and unemployment, there
is substantial activity in acquisitions, including institutional
For additional information please contact: portfolios and commercial real estate service providers.
Chris Lovell at 305.423.1925 or clovell@studley.com The Studley 50K Industrial Index is a monthly presentation of South Florida industrial
Michael Weiss at 305.423.1931 or mjweiss@studley.com buildings, of Class A & B quality, built in the last 20 years, with ceiling heights of 24 feet
www. studley.com or greater. The three county index monitors a current total of 338 owner occupied or
200 S. Biscayne Blvd.• Suite 1830 • Miami, FL 33131 • t: 305 423 1919 • f: 305 423 1949 leased facilities which represent a total of approximately 43 million square feet.
October 2011