Palm Beach Sublease

Palm Beach

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
5,430
As of: February 19, 2017

Palm Beach Rates

On average, listings lease in the $70's per square foot per year. The Palm Beach region is experiencing a an increase in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 22% rise in rent.

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

Palm Beach Listing Supply

In the last 90 days, 9 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,430 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 stories. 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.
Research

Palm Beach Submarkets