Fort Lauderdale industrial real estate market report
Q4 2025
Fort Lauderdale’s industrial market closed Q4 2025 with some of the tightest fundamentals in Florida. Asking rents held near record levels at $17.04 psf/NNN, while leasing activity rose to 1.3 million square feet, supported by limited new supply. Vacancy edged up to 6.7%, yet remained the lowest among major Florida markets, reinforcing Fort Lauderdale’s position as a landlord-favored environment. Investment activity accelerated meaningfully in 2025, with sales volume increasing 48% year-over-year to $1.69 billion, ranking second statewide. As capital rotated out of Miami and Palm Beach, Fort Lauderdale emerged as a preferred alternative offering liquidity and relative value. At the same time, a more selective development pipeline has kept new supply in check, supporting long-term market stability.
$17.04 psf
Asking rents
Asking rents averaged $17.04 psf/NNN in Q4 2025, up 2.8% from $16.57 in Q4 2024, stabilizing near all-time highs.
1.3 msf
Net absorption
Leasing activity increased in Fort Lauderdale, reaching 1,283,588 square feet in Q4 2025, up 2.7% over Q3 2025.
6.7%
Vacancy rate
Vacancy ticked up to 6.7% in Q4 2025, an increase from Q3 but still one of the lowest for any major Florida market.
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