MIAMI—Miami's is prime stomping ground for retail landlords. Of course, you already know that.
What you might not know is that Miami retail posted the third-lowest vacancy rate in the United States for the last quarter of 2014, according to JLL. That puts the Magic City on par with the Big Apple. The market experienced strong rent growth quarter-over-quarter and 10.6% growth year-over-year—and there's no slowdown in sight.
Against this backdrop, JLL added Aileen Messinger, a seasoned retail industry professional, to its team. Messinger joins JLL as vice president of Retail Brokerage and will be based in the firm's Brickell office.
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