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Fort Lauderdale Office Figures - Q3 2023

October 11, 2023 5 Minute Read

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  • The flight to quality continues. Among buildings built since 2000, direct vacancy is just 13.4%*. That is 340 basis points below the average in the market.
  • Sublease availability increased of 20.4% compared with year-end 2022; however, it is still 22.4% lower than the peak levels seen in Q2 2021 at 3.3%.
  • Tenant deal terms have remained relatively flat among Class A buildings in the market.