Palm Beach Sublease

Palm Beach

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
1,550
As of: June 22, 2017

Palm Beach Rates

The typical asking rate per listing is in the $60's per square foot per year. The Palm Beach submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $66 per sqft per year.

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

Palm Beach Listing Supply

In the last 90 days, 22 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 64% of the available space in the 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 1,550 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1973 and are Class B.

Palm Beach Community

Market Report

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

Market Data

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