Figures

Broward Office Figures - Q4 2024

January 8, 2025 5 Minute Read

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  • Broward County experienced three consecutive quarters of positive absorption in 2024.
  • Despite strong absorption, there was no overall rent growth in 2024, with the average rent remaining nearly flat at $25.58 per square foot.
  • South Florida’s sublease availability has been less impacted than many other U.S. markets, with sublease availability in the region at 3.0%.