Tenant Mix
The small bay product format of the Portfolio caters to the smaller entrepreneurial businesses that dominate the South Florida economy, where
nearly one out of every 10 adults owns a business and small businesses are estimated to comprise roughly 90% of the economy.
Totaling 218 tenants, with an average size of 1,690 SF, the Portfolio consists of a diverse mix of tenants across many industries. With the largest
tenant making up less than 3.2% of the entire Portfolio, the South Miami Industrial Portfolio is immune to the impact of one tenant vacating and
significantly affecting cash flows.
The Portfolio’s diversified rent roll represents virtually all industrial segments, from quasi-retail to manufacturing, warehousing and distribution
operations. Further detail to the diversity of this offering’s tenant base can be found in the graph below:
SOUTH MIAMI INDUSTRIAL PORTFOLIO | TENANCY OVERVIEW
Auto/Boat Sales & Repair
24%
Printing Services
3%
Carpentry/Upholstery
13%
Steel Fabrication/Welding
9%
Appliances/Equipment Repair &
Rentals
5%
Home Décor & Improvement
4%
Granite
3%
Retail/Restaurant/Catering
15%
Construction/Lawn Services
7%
Storage
17%
| 11
EXECUTIVE SUMMARY