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VACANCY
Apartment
The average Vacancy Rate was 6.6% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted upward by 20 basis points.
- The Fort Lauderdale metro had the highest vacancy level since Q2 2021.
Distribution / Warehousing
The average Vacancy Rate was 4.1% in the Fort Lauderdale metro
Flex / R&D
The average Vacancy Rate was 2.2% in the Fort Lauderdale metro
Office
The average Vacancy Rate was 18.9% in the Fort Lauderdale metro
Retail
The average Vacancy Rate was 8.2% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted downward by 10 basis points.
- The Fort Lauderdale metro had the lowest vacancy level since Q3 2008.
RENT
Apartment
The average Asking Rent was $2,084 in the Fort Lauderdale metro
Distribution / Warehousing
The average Asking Rent was $10.02 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.9% from Q3 2023.
- Rent has risen in every quarter since Q1 2014 in the Fort Lauderdale metro.
Flex / R&D
The average Asking Rent was $13.05 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.4% from Q3 2023.
- Rent has risen in every quarter since Q3 2020 in the Fort Lauderdale metro.
Office
The average Asking Rent was $30.93 in the Fort Lauderdale metro
Retail
The average Asking Rent was $21.84 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.6% from Q3 2023.
- Fort Lauderdale metro had its fastest rent rate of increase since Q3 2019.
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 7.5% in the Jacksonville metro
- Vacancy in the Jacksonville metro increased by 130 basis points.
- The Jacksonville metro had the highest vacancy level since year-end 2012.
Distribution / Warehousing
The average Vacancy Rate was 4.6% in the Jacksonville metro
Flex / R&D
The average Vacancy Rate was 3.0% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted downward by 10 basis points.
- The Jacksonville metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 22.6% in the Jacksonville metro
Retail
The average Vacancy Rate was 10.3% in the Jacksonville metro
RENT
Apartment
The average Asking Rent was $1,421 in the Jacksonville metro
Distribution / Warehousing
The average Asking Rent was $5.53 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.5% from Q3 2023.
- Rent has risen in every quarter since Q2 2015 in the Jacksonville metro.
Flex / R&D
The average Asking Rent was $10.40 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.4% from Q3 2023.
- Rent has risen in every quarter since Q3 2020 in the Jacksonville metro.
Office
The average Asking Rent was $20.53 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.3% from Q3 2023.
- Rent Has risen for six consecutive quarters in the Jacksonville metro.
Retail
The average Asking Rent was $18.11 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.1% from Q3 2023.
- Rent has risen in every quarter for the past three years 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 6.6% in the Miami metro
- Vacancy in the Miami metro drifted upward by 30 basis points.
- The Miami metro had the highest vacancy level since Q2 2021.
Distribution / Warehousing
The average Vacancy Rate was 2.7% in the Miami metro
Flex / R&D
The average Vacancy Rate was 2.2% in the Miami metro
Office
The average Vacancy Rate was 16.7% in the Miami metro
Retail
The average Vacancy Rate was 6.8% in the Miami metro
- Vacancy in the Miami metro drifted upward by 20 basis points.
- The Miami metro had the highest vacancy level since Q3 2014.
RENT
Apartment
The average Asking Rent was $2,227 in the Miami metro
- Rent in the Miami metro was up 1.4% from Q3 2023.
- Miami metro had its fastest rent rate of increase in four quarters.
Distribution / Warehousing
The average Asking Rent was $10.39 in the Miami metro
- Rent in the Miami metro was up 0.6% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the Miami metro.
Flex / R&D
The average Asking Rent was $15.67 in the Miami metro
- Rent in the Miami metro was up 1.2% from Q3 2023.
- Rent has risen in every quarter for the past three years in the Miami metro.
Office
The average Asking Rent was $39.15 in the Miami metro
- Rent in the Miami metro was up 1.7% from Q3 2023.
- Miami metro had its fastest rent rate of increase since Q2 2008.
- Rent has risen in every quarter since Q3 2013 in the Miami metro.
Retail
The average Asking Rent was $30.06 in the Miami metro
VACANCY
Apartment
The average Vacancy Rate was 6.9% in the Orlando metro
- Vacancy in the Orlando metro drifted upward by 30 basis points.
- The Orlando metro had the highest vacancy level since Q3 2011.
Distribution / Warehousing
The average Vacancy Rate was 5.8% in the Orlando metro
- Vacancy in the Orlando metro increased by 60 basis points.
- The Orlando metro had the highest vacancy level since year-end 2021.
Flex / R&D
The average Vacancy Rate was 3.0% in the Orlando metro
- Vacancy in the Orlando metro increased by 70 basis points.
- The Orlando metro had the highest vacancy level since year-end 2021.
Office
The average Vacancy Rate was 17.0% in the Orlando metro
Retail
The average Vacancy Rate was 10.3% in the Orlando metro
RENT
Apartment
The average Asking Rent was $1,626 in the Orlando metro
Distribution / Warehousing
The average Asking Rent was $7.39 in the Orlando metro
- Rent in the Orlando metro was up 0.4% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the Orlando metro.
Flex / R&D
The average Asking Rent was $10.76 in the Orlando metro
- Rent in the Orlando metro was up 0.1% from Q3 2023.
- Rent has risen in every quarter for the past three years in the Orlando metro.
Office
The average Asking Rent was $25.85 in the Orlando metro
Retail
The average Asking Rent was $20.57 in the Orlando metro
VACANCY
Apartment
The average Vacancy Rate was 5.8% in the Palm Beach metro
Distribution / Warehousing
The average Vacancy Rate was 3.4% 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 Q3 2009.
Flex / R&D
The average Vacancy Rate was 3.8% in the Palm Beach metro
- Vacancy in the Palm Beach metro rose by 110 basis points.
- The Palm Beach metro had the highest vacancy level since year-end 2021.
Office
The average Vacancy Rate was 14.2% in the Palm Beach metro
Retail
The average Vacancy Rate was 10.5% in the Palm Beach metro
RENT
Apartment
The average Asking Rent was $2,088 in the Palm Beach metro
Distribution / Warehousing
The average Asking Rent was $9.06 in the Palm Beach metro
- Rent in the Palm Beach metro was up 0.8% from Q3 2023.
- Rent Has risen for eleven consecutive quarters in the Palm Beach metro.
Flex / R&D
The average Asking Rent was $13.79 in the Palm Beach metro
Office
The average Asking Rent was $37.13 in the Palm Beach metro
- Rent in the Palm Beach metro was up 2.4% from Q3 2023.
- Palm Beach metro had its fastest rent rate of increase since Q1 2007.
- Rent Has risen for eleven consecutive quarters in the Palm Beach metro.
Retail
The average Asking Rent was $25.40 in the Palm Beach metro
VACANCY
Apartment
The average Vacancy Rate was 5.5% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro increased by 50 basis points.
- The Tampa-St. Petersburg metro had the highest vacancy level since year-end 2012.
Distribution / Warehousing
The average Vacancy Rate was 2.8% in the Tampa-St. Petersburg metro
- No vacancy change since Q3 2023 in the Tampa-St. Petersburg metro.
- The Tampa-St. Petersburg metro had the lowest vacancy level since Q3 2009.
Flex / R&D
The average Vacancy Rate was 5.4% in the Tampa-St. Petersburg metro
Office
The average Vacancy Rate was 22.6% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro drifted upward by 20 basis points.
- The Tampa-St. Petersburg metro had the highest vacancy level since year-end 1996.
Retail
The average Vacancy Rate was 9.0% in the Tampa-St. Petersburg metro
- No vacancy change since Q3 2023 in the Tampa-St. Petersburg metro.
- The Tampa-St. Petersburg metro had the lowest vacancy level since Q3 2008.
RENT
Apartment
The average Asking Rent was $1,616 in the Tampa-St. Petersburg metro
Distribution / Warehousing
The average Asking Rent was $6.91 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.7% from Q3 2023.
- Rent has risen in every quarter since year-end 2019 in the Tampa-St. Petersburg metro.
Flex / R&D
The average Asking Rent was $9.83 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.5% from Q3 2023.
- Rent has risen in every quarter since Q3 2020 in the Tampa-St. Petersburg metro.
Office
The average Asking Rent was $26.64 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.1% from Q3 2023.
- Rent Has risen for six consecutive quarters in the Tampa-St. Petersburg metro.