Why Miami

Retail Market Overview

2026

Miami is not one market — it's many. Each neighborhood carries its own identity, consumer base, and commercial energy, yet together they form one of the most dynamic retail landscapes in the country.

Brickell

Miami’s financial core, Brickell is anchored by high-density office, luxury residential and street-level retail serving a live-work-play audience.

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Coconut Grove

A village-style, affluent submarket with neighborhood retail, dining and residential appeal.

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Coral Gables

Defined as a refined, walkable business district, Coral Gables has Class A office, boutique retail and strong professional services tenancy.

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Design District

A globally recognized luxury retail enclave attracting high-end fashion, art and design brands.

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Downtown

An office driven, transit-oriented and mixed-use district, Downtown Miami is undergoing reinvention with growing residential density and evolving retail.

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Miami Beach

A tourism-driven market where hospitality, experiential retail, and lifestyle brands dominate demand.

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Wynwood

Creative and experience-driven, Wynwood is defined by art, dining, and emerging office and retail demand.

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Availability Rate for 1Q26

Average NNN Asking Rent for 1Q26

2025 Average HHI

2025 Visitors

About Our Retail Services

Retail is more than space—it’s experience, culture and commerce. From urban high street and lifestyle centers to malls and neighborhood destinations, we help brands, investors and developers achieve remarkable results.

Offices around the world

For Occupiers

At Newmark, it starts and ends with relationships—with our dedicated advisors, our clients and our industry partners. Representing our clients through insightful market knowledge and deep professional networks leads to extraordinary outcomes. We are continuously committed to understanding client strategy and growing client businesses.

Occupier Solutions

Asset Management

Disposition & Lease Restructuring

Lease Administration

Predictive Analytics & Site Selection

Program & Project Management

Tenant Representation

For Investors

By leveraging market intelligence and industry insights, we secure the right tenants to ensure strong occupancy and optimal rental performance. Whether it’s through identifying lucrative investment opportunities, optimizing asset performance or structuring the most advantageous financial lease arrangements, our solutions are designed to maximize the value of every asset we touch.

Investor Solutions

Agency Leasing

Capital Markets

Property Management

Servicing & Asset Management

Valuation & Advsiory