Established properties lead Fort Lauderdale's industrial market

Average Occupancy ranging from the year 2000 to the year 2020 and up, showing the comparisons between the number of occupancies ranging from 20k to 250k square feet and above
  • In Fort Lauderdale, industrial occupancy rates reflect a strong preference for well-established properties. Buildings constructed from 2000-2009 and 2015-2019 maintain an average occupancy of 96%, benefiting from their long-standing market presence and stable demand.
  • In contrast, properties built after 2020 show more uneven performance. While developments from 2010-2014 maintain a strong average occupancy of 90%, newer buildings constructed from 2020 onward have dropped to 84%.
  • Of the newly built supply, facilities between 100,000 and 249,000 square feet (sf) and buildings over 250,000 sf experienced the most volatility, with occupancy falling to 80% and 82%, respectively, underscoring the challenges of absorbing speculative supply in a shifting market.

February 20, 2025

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US-FL-FLL Fort Lauderdale