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United States | West Palm Beach, FL

Report | West Palm Beach Office Insight - Q3 2016

Summary

Trophy assets in Downtown West Palm Beach are now trading for record numbers, with occupancy sitting at 93.9 percent and full service asking rates 26.6 percent above previous peak levels. Since 2014, all four Trophy assets downtown have been traded.

A major trend we're seeing across the board in Palm Beach County is positive rent growth. In the past 12 months, full service asking rates are up 3.1 percent to $30.92 per square foot.​

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