Miami-Dade County is expected to continue to see a large amount of net in-migration in its metro areas as tax laws and the warm climate draws people in.

That’s according to the Midyear 2022 Miami Industrial Market report by Marcus & Millichap which says that the rise in construction will have a minimum impact on vacancy. A larger population raises the demand for essential goods which will require retailers to maintain or expand both their distribution and warehouse footprints.

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