West Palm Beach Industrial

West Palm Beach

Office Space Market Report

Number of Listings (last 90 days)
109
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,800
As of: June 26, 2017

West Palm Beach Rates

The typical asking rate per listing is in the $30's per square foot per year. The West Palm Beach region is seeing a an increase in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Compared to the rest of the West Palm Beach market, the West Palm Beach region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

West Palm Beach Listing Supply

In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 61% of the available space in the West Palm Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.

West Palm Beach Community

Market Report

Trends and status of the commercial real estate market in West Palm Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Palm Beach.
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