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Family Office Briefing on research byLee & Associates·Oct 29, 2024

2024 Q3 South Florida, FL - Office

South Florida office market maintains 8.2% vacancy in Q3 2024 — family offices should consider co-GP opportunities with strong operators.

OfficeFlorida2024

Key Metrics

MetricValue
Vacancy Rate8.2%
Avg NNN Asking Rate PSF37.58$
Cap Rate6.90%
12 Mo. Net Absorption SF606,227SF

Metrics extracted from the source report and independently fact-checked. Method →

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