Fort Lauderdale office market reports

Q2 2024

In the second quarter of 2024, the office market in Fort Lauderdale continues to have lackluster performance. The market experienced just over 100,000 square feet of positive absorption, the total vacancy rate decreased slightly by 20 basis points and there is nearly 400,000 square feet of new construction  underway.
1.3 msf

Office leasing activity

Office leasing activity slows through the first half of 2024 as tenants navigate economic uncertainties.

16.6%

Vacancy rate

The vacancy rate has remained stabilized year-over-year at 16.6%.

$135 psf

Average office sales price

Office buildings in Fort Lauderdale trade at a discount, averaging $135 per square foot during the second 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.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT. 

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