West Palm Beach Industrial

West Palm Beach

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

West Palm Beach Rates

On average, listings lease in the $20's per square foot per year. The West Palm Beach region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the West Palm Beach market, the West Palm Beach submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

West Palm Beach Listing Supply

In the last 90 days, 52 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the West Palm Beach are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,070 sqft. Most properties in this market are close to 2 floors. Most buildings in this region 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.