WEST PALM BEACH, FL-The vacancy rate in Palm Beach dropped 1%from 24.5% in Q1 2010 to 23.5% at the end of Q2 2010. As a resultof this, the asking rate for the county rose to $27.76 per squarefeet, this after it had fallen for six quarters in a row.


The total leasing activity at the end of the quarter stood at693,690 square feet. At present, there are three buildings totaling168,475 square feet under construction. For the full story,go to Florida Real Estate Journal.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.