Fort Lauderdale office market reports
Q1 2024
During the first quarter of 2024, the Fort Lauderdale office market exhibited robust performance. Leasing activity for the quarter exceeded 632,000 square feet, accompanied by a stabilized vacancy rate of 16.9%, and over 111,000 square feet of new office developments underway.
Lease transactions below 10k sf
The wave of companies right-sizing their office space requirements continues as 94% of lease transactions fell below 10,000 square feet in the first quarter.
Trophy asking rents
Trophy properties in Fort Lauderdale’s office market reach a new all-time high of $67.18 per square foot, full service.
Office job postings
In the first quarter of 2024, the number of in office job postings surged by 2,777, marking a substantial increase of 33.4% compared to the previous quarter.
Your source for the latest Fort Lauderdale office market reports
Get in-depth office market reports from commercial real estate experts in the Greater Fort Lauderdale area. Avison Young advisors look at Fort Lauderdale commercial real estate activities and the latest Fort Lauderdale statistics to provide you expert market research on Fort Lauderdale's office properties.
Explore different topics like the latest office market pricing trends and analysis of Fort Lauderdale's current office real estate market conditions. Gain a better understanding of Fort Lauderdale’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Fort Lauderdale's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Fort Lauderdale.
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