Figures

Broward Figures - Q2 2024

July 9, 2024 5 Minute Read

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  • Broward saw strong absorption of 128K SF in Q2, largely due to Jazzwares moving into 130K SF in Plantation.
  • The CBD saw 58K SF of negative absorption propelled by Akamai Technologies which listed their 33K SF space for sublease.
  • Trophy buildings in the CBD maintain a resilient position with below average vacancy of 16.6% and asking rents 50.9% higher than Class A peers in the CBD.