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VACANCY
Apartment
The average Vacancy Rate was 5.2% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro declined by 50 basis points.
- The Fort Lauderdale metro had the lowest vacancy level since year-end 2019.
- Vacancy is expected to finish 2022 at 5.7% in the Fort Lauderdale metro.
Distribution / Warehousing
The average Vacancy Rate was 3.4% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro has been in decline for eight consecutive quarters.
- The Fort Lauderdale metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2022 at 2.8% in the Fort Lauderdale metro.
Flex / R&D
The average Vacancy Rate was 2.3% in the Fort Lauderdale metro
- The Fort Lauderdale metro had the seventh lowest vacancy in the nation and the eighth lowest in the South Atlantic.
- Vacancy in the Fort Lauderdale metro drifted upward by 20 basis points.
- Vacancy is expected to finish 2022 at 2.3% in the Fort Lauderdale metro.
Office
The average Vacancy Rate was 17.8% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted downward by 30 basis points.
- The Fort Lauderdale metro had the lowest vacancy level since Q3 2020.
- Vacancy is expected to finish 2022 at 18.0% in the Fort Lauderdale metro.
Retail
The average Vacancy Rate was 8.4% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted upward by 10 basis points.
- The Fort Lauderdale metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 8.4% in the Fort Lauderdale metro.
RENT
Apartment
The average Asking Rent was $2,047 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 1.2% from Q2 2022.
- Rent Has risen for seven consecutive quarters in the Fort Lauderdale metro.
- Rent is expected to finish 2022 at $2,059 in the Fort Lauderdale metro.
Distribution / Warehousing
The average Asking Rent was $9.26 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 4.2% from Q2 2022.
- Rent has risen in every quarter since Q1 2014 in the Fort Lauderdale metro.
- Rent is expected to finish 2022 at $9.60 in the Fort Lauderdale metro.
Flex / R&D
The average Asking Rent was $12.32 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 3.9% from Q2 2022.
- Rent Has risen for eight consecutive quarters in the Fort Lauderdale metro.
- Rent is expected to finish 2022 at $12.73 in the Fort Lauderdale metro.
Office
The average Asking Rent was $29.67 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was down 0.1% from Q2 2022.
- Rent is expected to finish 2022 at $29.85 in the Fort Lauderdale metro.
Retail
The average Asking Rent was $21.53 in the Fort Lauderdale metro
- The Fort Lauderdale metro remained flat rent since Q2 2022.
- Rent is expected to finish 2022 at $21.53 in the Fort Lauderdale metro.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 8.7%
- Increased by 190 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $6.87
- Up 0.4% from year-end 2018.
- Has risen for six consecutive quarters.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 3.9% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 30 basis points.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 4.0% in the Jacksonville metro.
Distribution / Warehousing
The average Vacancy Rate was 2.5% in the Jacksonville metro
- Vacancy in the Jacksonville metro has been in decline for nine consecutive quarters.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 2.4% in the Jacksonville metro.
Flex / R&D
The average Vacancy Rate was 3.2% in the Jacksonville metro
- Vacancy in the Jacksonville metro has been in decline for six consecutive quarters.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 2.9% in the Jacksonville metro.
Office
The average Vacancy Rate was 22.2% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 10 basis points.
- Vacancy is expected to finish 2022 at 22.6% in the Jacksonville metro.
Retail
The average Vacancy Rate was 10.1% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 20 basis points.
- The Jacksonville metro had the lowest vacancy level since Q1 2009.
- Vacancy is expected to finish 2022 at 10.2% in the Jacksonville metro.
RENT
Apartment
The average Asking Rent was $1,382 in the Jacksonville metro
- Rent in the Jacksonville metro was down 0.2% from Q2 2022.
- Rent is expected to finish 2022 at $1,387 in the Jacksonville metro.
Distribution / Warehousing
The average Asking Rent was $5.17 in the Jacksonville metro
- Rent in the Jacksonville metro was up 4.2% from Q2 2022.
- Rent has risen in every quarter since Q2 2015 in the Jacksonville metro.
- Rent is expected to finish 2022 at $5.40 in the Jacksonville metro.
Flex / R&D
The average Asking Rent was $9.59 in the Jacksonville metro
- Rent in the Jacksonville metro was up 2.8% from Q2 2022.
- Rent Has risen for eight consecutive quarters in the Jacksonville metro.
- Rent is expected to finish 2022 at $9.79 in the Jacksonville metro.
Office
The average Asking Rent was $20.22 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.3% from Q2 2022.
- Rent is expected to finish 2022 at $20.28 in the Jacksonville metro.
Retail
The average Asking Rent was $17.69 in the Jacksonville metro
- The Jacksonville metro remained flat rent since Q2 2022.
- Rent is expected to finish 2022 at $17.75 in the Jacksonville metro.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 17.3%
- Increased by 170 basis points.
- Among the 10 highest vacancies nationally.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $5.38
- Up 0.7% from year-end 2018.
- Fastest rate of increase in six quarters.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 4.8% in the Miami metro
- Vacancy in the Miami metro drifted downward by 10 basis points.
- The Miami metro had the lowest vacancy level since Q3 2016.
- Vacancy is expected to finish 2022 at 5.7% in the Miami metro.
Distribution / Warehousing
The average Vacancy Rate was 1.8% in the Miami metro
- The Miami metro had the third lowest vacancy in the nation and the fourth lowest in the South Atlantic.
- Vacancy in the Miami metro declined by 80 basis points.
- The Miami metro had the lowest vacancy level since Q3 2009.
Flex / R&D
The average Vacancy Rate was 1.8% in the Miami metro
- The Miami metro had the lowest vacancy in the nation.
- Vacancy in the Miami metro drifted downward by 30 basis points.
- The Miami metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 17.5% in the Miami metro
- Vacancy in the Miami metro drifted downward by 20 basis points.
- Vacancy is expected to finish 2022 at 17.9% in the Miami metro.
Retail
The average Vacancy Rate was 6.0% in the Miami metro
- The Miami metro had the second lowest vacancy in the nation, behind only Seattle.
- No vacancy change since Q2 2022 in the Miami metro.
- The Miami metro had the lowest vacancy level since Q3 2019.
RENT
Apartment
The average Asking Rent was $2,056 in the Miami metro
- Rent in the Miami metro was up 0.5% from Q2 2022.
- Rent Has risen for six consecutive quarters in the Miami metro.
- Rent is expected to finish 2022 at $2,074 in the Miami metro.
Distribution / Warehousing
The average Asking Rent was $9.61 in the Miami metro
- Rent in the Miami metro was up 3.9% from Q2 2022.
- Rent Has risen for nine consecutive quarters in the Miami metro.
- Rent is expected to finish 2022 at $9.96 in the Miami metro.
Flex / R&D
The average Asking Rent was $14.31 in the Miami metro
- Rent in the Miami metro was up 3.5% from Q2 2022.
- Rent Has risen for seven consecutive quarters in the Miami metro.
- Rent is expected to finish 2022 at $14.83 in the Miami metro.
Office
The average Asking Rent was $37.14 in the Miami metro
- Rent in the Miami metro was up 0.1% from Q2 2022.
- Rent has risen in every quarter since Q3 2013 in the Miami metro.
- Rent is expected to finish 2022 at $37.43 in the Miami metro.
Retail
The average Asking Rent was $29.76 in the Miami metro
- Rent in the Miami metro was up 0.1% from Q2 2022.
- Rent is expected to finish 2022 at $29.79 in the Miami metro.
VACANCY
Apartment
The average Vacancy Rate was 5.0% in the Orlando metro
- No vacancy change since Q2 2022 in the Orlando metro.
- Vacancy is expected to finish 2022 at 5.1% in the Orlando metro.
Distribution / Warehousing
The average Vacancy Rate was 2.8% in the Orlando metro
- Vacancy in the Orlando metro has been in decline for nine consecutive quarters.
- The Orlando metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 2.6% in the Orlando metro.
Flex / R&D
The average Vacancy Rate was 2.0% in the Orlando metro
- The Orlando metro had the sixth lowest vacancy in the nation and the fifth lowest in the South Atlantic.
- Vacancy in the Orlando metro has been in decline for nine consecutive quarters.
- The Orlando metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 15.3% in the Orlando metro
- The Orlando metro had the seventh lowest vacancy in the nation and the ninth lowest in the South Atlantic.
- Vacancy in the Orlando metro rose by 50 basis points.
- Vacancy is expected to finish 2022 at 15.1% in the Orlando metro.
Retail
The average Vacancy Rate was 9.7% in the Orlando metro
- Vacancy in the Orlando metro drifted downward by 10 basis points.
- The Orlando metro had the lowest vacancy level since Q1 2020.
- Vacancy is expected to finish 2022 at 9.9% in the Orlando metro.
RENT
Apartment
The average Asking Rent was $1,641 in the Orlando metro
- Rent in the Orlando metro was up 0.6% from Q2 2022.
- Rent Has risen for six consecutive quarters in the Orlando metro.
- Rent is expected to finish 2022 at $1,654 in the Orlando metro.
Distribution / Warehousing
The average Asking Rent was $6.78 in the Orlando metro
- Rent in the Orlando metro was up 2.7% from Q2 2022.
- Rent Has risen for nine consecutive quarters in the Orlando metro.
- Rent is expected to finish 2022 at $6.94 in the Orlando metro.
Flex / R&D
The average Asking Rent was $10.11 in the Orlando metro
- Rent in the Orlando metro was up 2.7% from Q2 2022.
- Rent Has risen for seven consecutive quarters in the Orlando metro.
- Rent is expected to finish 2022 at $10.36 in the Orlando metro.
Office
The average Asking Rent was $25.27 in the Orlando metro
- Rent in the Orlando metro was up 0.3% from Q2 2022.
- Rent is expected to finish 2022 at $25.40 in the Orlando metro.
Retail
The average Asking Rent was $20.12 in the Orlando metro
- The Orlando metro remained flat rent since Q2 2022.
- Rent is expected to finish 2022 at $20.16 in the Orlando metro.
VACANCY
Apartment
The average Vacancy Rate was 4.9% in the Palm Beach metro
- Vacancy in the Palm Beach metro drifted downward by 20 basis points.
- The Palm Beach metro had the lowest vacancy level since Q1 2020.
- Vacancy is expected to finish 2022 at 5.3% in the Palm Beach metro.
Distribution / Warehousing
The average Vacancy Rate was 2.8% in the Palm Beach metro
- Vacancy in the Palm Beach metro declined by 100 basis points.
- The Palm Beach metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 2.8% in the Palm Beach metro.
Flex / R&D
The average Vacancy Rate was 2.9% in the Palm Beach metro
- Vacancy in the Palm Beach metro has been in decline for seven consecutive quarters.
- The Palm Beach metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 2.6% in the Palm Beach metro.
Office
The average Vacancy Rate was 13.9% in the Palm Beach metro
- The Palm Beach metro had the second lowest vacancy in the nation, behind only New York Metro.
- Vacancy in the Palm Beach metro drifted downward by 20 basis points.
- The Palm Beach metro had the lowest vacancy level since Q2 2019.
Retail
The average Vacancy Rate was 9.8% in the Palm Beach metro
- Vacancy in the Palm Beach metro drifted upward by 20 basis points.
- Vacancy is expected to finish 2022 at 9.6% in the Palm Beach metro.
RENT
Apartment
The average Asking Rent was $2,077 in the Palm Beach metro
- Rent in the Palm Beach metro was up 0.3% from Q2 2022.
- Rent Has risen for seven consecutive quarters in the Palm Beach metro.
- Rent is expected to finish 2022 at $2,091 in the Palm Beach metro.
Distribution / Warehousing
The average Asking Rent was $8.36 in the Palm Beach metro
- Rent in the Palm Beach metro was up 3.9% from Q2 2022.
- Rent Has risen for six consecutive quarters in the Palm Beach metro.
- Rent is expected to finish 2022 at $8.64 in the Palm Beach metro.
Flex / R&D
The average Asking Rent was $13.23 in the Palm Beach metro
- Rent in the Palm Beach metro was up 3.8% from Q2 2022.
- Rent Has risen for nine consecutive quarters in the Palm Beach metro.
- Rent is expected to finish 2022 at $13.60 in the Palm Beach metro.
Office
The average Asking Rent was $34.27 in the Palm Beach metro
- Rent in the Palm Beach metro was up 1.4% from Q2 2022.
- Rent Has risen for six consecutive quarters in the Palm Beach metro.
- Rent is expected to finish 2022 at $34.64 in the Palm Beach metro.
Retail
The average Asking Rent was $25.40 in the Palm Beach metro
- The Palm Beach metro remained flat rent since Q2 2022.
- Rent is expected to finish 2022 at $25.43 in the Palm Beach metro.
VACANCY
Apartment
The average Vacancy Rate was 3.4% in the Tampa-St. Petersburg metro
- The Tampa-St. Petersburg metro had the ninth lowest vacancy in the nation and the eighth lowest in the South Atlantic.
- Vacancy in the Tampa-St. Petersburg metro drifted downward by 30 basis points.
- The Tampa-St. Petersburg metro had the lowest vacancy level since year-end 1993.
Distribution / Warehousing
The average Vacancy Rate was 3.4% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro has been in decline for six consecutive quarters.
- The Tampa-St. Petersburg metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2022 at 3.3% in the Tampa-St. Petersburg metro.
Flex / R&D
The average Vacancy Rate was 4.7% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro declined by 110 basis points.
- The Tampa-St. Petersburg metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 4.6% in the Tampa-St. Petersburg metro.
Office
The average Vacancy Rate was 19.2% in the Tampa-St. Petersburg metro
- No vacancy change since Q2 2022 in the Tampa-St. Petersburg metro.
- The Tampa-St. Petersburg metro had the highest vacancy level since year-end 2015.
- Vacancy is expected to finish 2022 at 19.3% in the Tampa-St. Petersburg metro.
Retail
The average Vacancy Rate was 9.3% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro drifted downward by 10 basis points.
- The Tampa-St. Petersburg metro had the lowest vacancy level since year-end 2008.
- Vacancy is expected to finish 2022 at 9.3% in the Tampa-St. Petersburg metro.
RENT
Apartment
The average Asking Rent was $1,592 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was down 0.3% from Q2 2022.
- Rent is expected to finish 2022 at $1,603 in the Tampa-St. Petersburg metro.
Distribution / Warehousing
The average Asking Rent was $6.59 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 2.3% from Q2 2022.
- Rent Has risen for eleven consecutive quarters in the Tampa-St. Petersburg metro.
- Rent is expected to finish 2022 at $6.74 in the Tampa-St. Petersburg metro.
Flex / R&D
The average Asking Rent was $9.46 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 3.6% from Q2 2022.
- Tampa-St. Petersburg metro had its fastest rent rate of increase since Q3 2009.
- Rent Has risen for eight consecutive quarters in the Tampa-St. Petersburg metro.
Office
The average Asking Rent was $26.00 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.1% from Q2 2022.
- Rent is expected to finish 2022 at $26.08 in the Tampa-St. Petersburg metro.
Retail
The average Asking Rent was $16.17 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.1% from Q2 2022.
- Rent is expected to finish 2022 at $16.17 in the Tampa-St. Petersburg metro.