USPS Signs Major Industrial Lease in Miami-Dade County
The United States Postal Service (USPS) has signed a 140,799-square-foot lease in Medley, Florida, occupying a entire warehouse at 11150 Northwest 122nd Street.
- Location: Outer corner of Miami-Dade County, near Florida's Turnpike and East Coast Buffer Water Preserve Area
- Parking: 234 spots on a 3-acre site
- Developer: Industrial giant Prologis, part of a three-building campus developed in 2023
USPS already operates a facility near Miami International Airport and seeks to reduce costs, aiming to save $36 billion over the next decade.
USPS aims to save $36 billion over the next decade.
Miami-Dade County's industrial market has softened, with a vacancy rate climbing to 7.
Author's summary: USPS signs major lease in Miami-Dade County.