West Palm Beach Office Space

West Palm Beach

Office Space Market Report

Number of Listings (last 90 days)
109
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,800
As of: July 23, 2017

West Palm Beach Rates

Most listings are in the $30's per square foot per year. The West Palm Beach region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the West Palm Beach market, the West Palm Beach submarket has lower rates, so you should have no trouble finding a great deal in this discounted 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 70% of the listings in the West Palm Beach are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, 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 properties in this region are approximately 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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