Report | West Palm Beach Office Insight - Q1 2016
West Palm Beach’s suburban Class A market saw some serious improvement during Q1. Its vacancy rate fell to 14.4 percent—the lowest seen since 2006. The impact was felt from a number of leases signed late in 2015 that took effect during the first quarter of this year.
Investors also continue to be active in both major West Palm Beach submarkets—the Core CBD and Suburban West Palm Beach. Four buildings have already switched hands so far in 2016, compared to just 10 all of last year.
Learn more about what’s happening right now across West Palm Beach—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.
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