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VACANCY
Apartment
The average Vacancy Rate was 5.8% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted upward by 20 basis points.
- Vacancy is expected to finish 2022 at 5.6% in the Fort Lauderdale metro.
Distribution / Warehousing
The average Vacancy Rate was 5.6% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro has been in decline for six consecutive quarters.
- The Fort Lauderdale metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2022 at 5.5% in the Fort Lauderdale metro.
Flex / R&D
The average Vacancy Rate was 3.2% 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 declined by 130 basis points.
- The Fort Lauderdale metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 17.9% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro declined by 50 basis points.
- Vacancy is expected to finish 2022 at 18.1% in the Fort Lauderdale metro.
Retail
The average Vacancy Rate was 8.3% in the Fort Lauderdale metro
- No vacancy change since year-end 2021 in the Fort Lauderdale metro.
- The Fort Lauderdale metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 8.6% in the Fort Lauderdale metro.
RENT
Apartment
The average Asking Rent was $1,992 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 4.4% from year-end 2021.
- Rent is expected to finish 2022 at $2,063 in the Fort Lauderdale metro.
Distribution / Warehousing
The average Asking Rent was $8.11 in the Fort Lauderdale metro
- The Fort Lauderdale metro had the second fastest rent growth in the nation, behind only San Francisco.
- Rent has risen in every quarter since Q1 2014 in the Fort Lauderdale metro.
- Rent is expected to finish 2022 at $8.38 in the Fort Lauderdale metro.
Flex / R&D
The average Asking Rent was $10.67 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 1.6% from year-end 2021.
- Fort Lauderdale metro had its fastest rent rate of increase since Q3 2009.
- Rent Has risen for six consecutive quarters in the Fort Lauderdale metro.
Office
The average Asking Rent was $29.81 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.6% from year-end 2021.
- Rent is expected to finish 2022 at $29.73 in the Fort Lauderdale metro.
Retail
The average Asking Rent was $21.59 in the Fort Lauderdale metro
- The Fort Lauderdale metro remained flat rent since year-end 2021.
- Rent is expected to finish 2022 at $21.68 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 4.2% in the Jacksonville metro
- No vacancy change since year-end 2021 in the Jacksonville metro.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 4.3% in the Jacksonville metro.
Distribution / Warehousing
The average Vacancy Rate was 5.8% in the Jacksonville metro
- Vacancy in the Jacksonville metro has been in decline for seven consecutive quarters.
- The Jacksonville metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2022 at 5.4% in the Jacksonville metro.
Flex / R&D
The average Vacancy Rate was 5.0% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 10 basis points.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 5.0% in the Jacksonville metro.
Office
The average Vacancy Rate was 22.7% in the Jacksonville metro
- Vacancy in the Jacksonville metro increased by 60 basis points.
- Vacancy is expected to finish 2022 at 22.8% in the Jacksonville metro.
Retail
The average Vacancy Rate was 10.3% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 10 basis points.
- The Jacksonville metro had the lowest vacancy level since Q2 2009.
- Vacancy is expected to finish 2022 at 10.5% in the Jacksonville metro.
RENT
Apartment
The average Asking Rent was $1,385 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.8% from year-end 2021.
- Rent is expected to finish 2022 at $1,426 in the Jacksonville metro.
Distribution / Warehousing
The average Asking Rent was $4.53 in the Jacksonville metro
- Rent in the Jacksonville metro was up 1.3% from year-end 2021.
- Rent has risen in every quarter since Q2 2015 in the Jacksonville metro.
- Rent is expected to finish 2022 at $4.68 in the Jacksonville metro.
Flex / R&D
The average Asking Rent was $8.86 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.7% from year-end 2021.
- Rent Has risen for six consecutive quarters in the Jacksonville metro.
- Rent is expected to finish 2022 at $9.10 in the Jacksonville metro.
Office
The average Asking Rent was $20.17 in the Jacksonville metro
- The Jacksonville metro remained flat rent since year-end 2021.
- Rent is expected to finish 2022 at $20.23 in the Jacksonville metro.
Retail
The average Asking Rent was $17.66 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $17.80 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 6.9% in the Miami metro
- Vacancy in the Miami metro drifted upward by 10 basis points.
- Vacancy is expected to finish 2022 at 7.0% in the Miami metro.
Distribution / Warehousing
The average Vacancy Rate was 3.2% in the Miami metro
- The Miami metro had the seventh lowest vacancy in the nation and the sixth lowest in the South Atlantic.
- Vacancy in the Miami metro drifted downward by 10 basis points.
- The Miami metro had the lowest vacancy level since Q3 2009.
Flex / R&D
The average Vacancy Rate was 2.3% in the Miami metro
- The Miami metro had the lowest vacancy in the nation.
- Vacancy in the Miami metro declined by 50 basis points.
- The Miami metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 17.7% in the Miami metro
- Vacancy in the Miami metro rose by 60 basis points.
- Vacancy is expected to finish 2022 at 17.7% 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 Orange County.
- Vacancy in the Miami metro drifted downward by 10 basis points.
- The Miami metro had the lowest vacancy level since Q3 2019.
RENT
Apartment
The average Asking Rent was $1,983 in the Miami metro
- The Miami metro had the third fastest rent growth in the nation, and the second in the South Atlantic region, behind only Miami.
- Rent is expected to finish 2022 at $2,062 in the Miami metro.
Distribution / Warehousing
The average Asking Rent was $8.28 in the Miami metro
- Rent in the Miami metro was up 1.6% from year-end 2021.
- Miami metro had its fastest rent rate of increase since Q3 2009.
- Rent Has risen for seven consecutive quarters in the Miami metro.
Flex / R&D
The average Asking Rent was $12.22 in the Miami metro
- Rent in the Miami metro was up 1.4% from year-end 2021.
- Rent is expected to finish 2022 at $12.52 in the Miami metro.
Office
The average Asking Rent was $36.99 in the Miami metro
- Rent in the Miami metro was up 0.2% from year-end 2021.
- Rent has risen in every quarter since Q3 2013 in the Miami metro.
- Rent is expected to finish 2022 at $37.09 in the Miami metro.
Retail
The average Asking Rent was $29.75 in the Miami metro
- The Miami metro remained flat rent since year-end 2021.
- Rent is expected to finish 2022 at $29.79 in the Miami metro.
VACANCY
Apartment
The average Vacancy Rate was 5.4% in the Orlando metro
- No vacancy change since year-end 2021 in the Orlando metro.
- Vacancy is expected to finish 2022 at 5.3% in the Orlando metro.
Distribution / Warehousing
The average Vacancy Rate was 5.1% in the Orlando metro
- Vacancy in the Orlando metro has been in decline for seven consecutive quarters.
- The Orlando metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 5.0% in the Orlando metro.
Flex / R&D
The average Vacancy Rate was 2.9% in the Orlando metro
- The Orlando metro had the fifth lowest vacancy in the nation and the sixth lowest in the South Atlantic.
- Vacancy in the Orlando metro has been in decline for seven consecutive quarters.
- The Orlando metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 15.2% in the Orlando metro
- The Orlando metro had the seventh lowest vacancy in the nation and the ninth lowest in the South Atlantic.
- No vacancy change since year-end 2021 in the Orlando metro.
- The Orlando metro had the lowest vacancy level since Q1 2020.
Retail
The average Vacancy Rate was 9.7% in the Orlando metro
- No vacancy change since year-end 2021 in the Orlando metro.
- The Orlando metro had the lowest vacancy level since Q1 2020.
- Vacancy is expected to finish 2022 at 10.1% in the Orlando metro.
RENT
Apartment
The average Asking Rent was $1,579 in the Orlando metro
- Rent in the Orlando metro was up 2.9% from year-end 2021.
- Rent is expected to finish 2022 at $1,632 in the Orlando metro.
Distribution / Warehousing
The average Asking Rent was $6.21 in the Orlando metro
- Rent in the Orlando metro was up 1.5% from year-end 2021.
- Rent Has risen for seven consecutive quarters in the Orlando metro.
- Rent is expected to finish 2022 at $6.49 in the Orlando metro.
Flex / R&D
The average Asking Rent was $9.18 in the Orlando metro
- Rent in the Orlando metro was up 1.7% from year-end 2021.
- Orlando metro had its fastest rent rate of increase since Q3 2009.
- Rent is expected to finish 2022 at $9.43 in the Orlando metro.
Office
The average Asking Rent was $25.17 in the Orlando metro
- Rent in the Orlando metro was up 0.9% from year-end 2021.
- Orlando metro had its fastest rent rate of increase in ten quarters.
- Rent is expected to finish 2022 at $25.23 in the Orlando metro.
Retail
The average Asking Rent was $20.10 in the Orlando metro
- The Orlando metro had the second fastest rent growth in the nation, behind only Orlando.
- Rent is expected to finish 2022 at $20.10 in the Orlando metro.
VACANCY
Apartment
The average Vacancy Rate was 5.5% in the Palm Beach metro
- Vacancy in the Palm Beach metro drifted upward by 10 basis points.
- The Palm Beach metro had the highest vacancy level since Q2 2019.
- Vacancy is expected to finish 2022 at 5.4% in the Palm Beach metro.
Distribution / Warehousing
The average Vacancy Rate was 4.7% in the Palm Beach metro
- Vacancy in the Palm Beach metro rose by 80 basis points.
- The Palm Beach metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 4.6% in the Palm Beach metro.
Flex / R&D
The average Vacancy Rate was 3.7% in the Palm Beach metro
- Vacancy in the Palm Beach metro declined by 180 basis points.
- The Palm Beach metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 3.4% in the Palm Beach metro.
Office
The average Vacancy Rate was 14.3% in the Palm Beach metro
- The Palm Beach metro had the lowest vacancy in the nation.
- 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 9.6% in the Palm Beach metro
- No vacancy change since year-end 2021 in the Palm Beach metro.
- Vacancy is expected to finish 2022 at 9.1% in the Palm Beach metro.
RENT
Apartment
The average Asking Rent was $1,985 in the Palm Beach metro
- Rent in the Palm Beach metro was up 1.2% from year-end 2021.
- Rent is expected to finish 2022 at $2,048 in the Palm Beach metro.
Distribution / Warehousing
The average Asking Rent was $7.52 in the Palm Beach metro
- Rent in the Palm Beach metro was up 1.6% from year-end 2021.
- Rent is expected to finish 2022 at $7.76 in the Palm Beach metro.
Flex / R&D
The average Asking Rent was $11.91 in the Palm Beach metro
- Rent in the Palm Beach metro was up 1.4% from year-end 2021.
- Palm Beach metro had its fastest rent rate of increase in eleven quarters.
- Rent Has risen for seven consecutive quarters in the Palm Beach metro.
Office
The average Asking Rent was $33.31 in the Palm Beach metro
- The Palm Beach metro had the third fastest rent growth in the nation, and the second in the South Atlantic region, behind only Palm Beach.
- Rent is expected to finish 2022 at $33.08 in the Palm Beach metro.
Retail
The average Asking Rent was $25.37 in the Palm Beach metro
- Rent in the Palm Beach metro was up 0.2% from year-end 2021.
- Rent is expected to finish 2022 at $25.39 in the Palm Beach metro.
VACANCY
Apartment
The average Vacancy Rate was 3.9% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro drifted upward by 10 basis points.
- The Tampa-St. Petersburg metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 3.9% in the Tampa-St. Petersburg metro.
Distribution / Warehousing
The average Vacancy Rate was 3.9% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro fell by 100 basis points.
- The Tampa-St. Petersburg metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 3.6% in the Tampa-St. Petersburg metro.
Flex / R&D
The average Vacancy Rate was 4.9% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro declined by 60 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 18.5% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro rose by 70 basis points.
- The Tampa-St. Petersburg metro had the highest vacancy level since year-end 2016.
- Vacancy is expected to finish 2022 at 18.5% in the Tampa-St. Petersburg metro.
Retail
The average Vacancy Rate was 9.5% 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 Q1 2020.
- Vacancy is expected to finish 2022 at 9.5% in the Tampa-St. Petersburg metro.
RENT
Apartment
The average Asking Rent was $1,533 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.3% from year-end 2021.
- Rent Has risen for six consecutive quarters in the Tampa-St. Petersburg metro.
- Rent is expected to finish 2022 at $1,581 in the Tampa-St. Petersburg metro.
Distribution / Warehousing
The average Asking Rent was $6.08 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 1.3% from year-end 2021.
- Rent Has risen for nine consecutive quarters in the Tampa-St. Petersburg metro.
- Rent is expected to finish 2022 at $6.28 in the Tampa-St. Petersburg metro.
Flex / R&D
The average Asking Rent was $8.79 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 1.4% from year-end 2021.
- Tampa-St. Petersburg metro had its fastest rent rate of increase since Q3 2009.
- Rent Has risen for six consecutive quarters in the Tampa-St. Petersburg metro.
Office
The average Asking Rent was $26.10 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.2% from year-end 2021.
- Rent is expected to finish 2022 at $26.16 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 down 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $16.17 in the Tampa-St. Petersburg metro.