Why South Florida
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SOUTH FLORIDA Why
DYNAMIC TRENDS DRIVING GROWTH Q1 2024
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Contents SELECT A TOPIC TO NAVIGATE SECTIONS
MARKETBEAT
Office Q4 2022 Broward County
17.5% Vacancy Rate -42K YTD Net Absorption,SF $37.83 Asking Rent,PSF (Overall, All PropertyClasses) Absorption number is not reflective of U.S. MarketBeat YoY Chg
12-Mo. Forecast
ECONOMY The Broward County unemployment rate was 2.5% in November 2022, 100 basis points (bps) lower than one year ago. Nonagricultural employment totaled 905,200, an increase of 36,300 jobs year-over-year (YOY). Office-using employment including Professional & Business Services, Financial Activities, and Information had a combined increase of 8,800 jobs in the last 12 months. Broward County ranked third among all Florida markets in annual office-use job growth. SUPPLY Broward County’s overall vacancy rose 30 bps from the previous quarter and 50 bps YOY to 17.5%. This marks the third consecutive quarter of vacancy increases. Class A and B vacancies rose to 18.4% and 15.6% respectively, on par with each clas s’s peak vacancy rate during the pandemic. The increase in vacancy can be contributed to the completion of construction on the Optima Onyx Tower, which brought 277,000 square feet (sf) of available space to the market, and large tenant vacancies. Humana vacated over 120,000 sf of space in the Southwest Broward submarket during the second half of 2022 while MCNA Dental vacated 81,600 sf of space in Cypress Creek at year-end. DEMAND Year-to-date (YTD) leasing activity remained healthy for 2022 despite concerns of inflation and an economic recession, down just 1.9% from last year’s post -recession high. The Central Business District (CBD) continued to show positive market indicators with 136,298 sf of positive annual absorption, bringing the overall vacancy rate down 380 bps from one year ago. Solid activity in both the CBD and Plantation submarkets helped demand outweigh supply for much of 2022. However, negative absorption during the fourth quarter pushed the yearly number into the red by just over 42,000 square feet, a slight hiccup for the market but not at levels to raise concern. MARKET PRICING Overall asking rents began to show signs of leveling, ending the year at $37.83 per square foot (psf) full service, but a 4.1% YOY increase highlights rents continuing the trajectory upward to new record highs. Asking rates in the CBD continued to be the driving factor, finishing the year at $46.30 psf, on par with averages from the previous two quarters. The depletion of higher-tier Class A office availability impacted asking averages as lower-tier availability had more of an impact on overall rates. Uncertainty in the economy and growing sublease space could see rents continue to hold level through 2023, especially in the suburban submarkets.
ECONOMIC INDICATORS Q4 2022
905K Broward County Employment
YoY
Chg
12-Mo. Forecast
2.5% Broward County Unemployment Rate
3.7% Related Insights Cushman & Wakefield Research reports analyze economic and commercial real estate activity including supply, demand and pricing trends at the statewide, market and submarket levels. U.S. Unemployment Rate Source:BLS, FL Dept. Economic OPP -800 -600 -400 Thousands -200 0 200 400 600 800 2019 2020 2021 YTD 2022 Net Absorption, SF Construction Completions, SF $25 $27 $29 $31 $33 $35 $37 $39 2019 SPACE DEMAND /DELIVERIES
CLICKING THE HOME ICON WILL TAKE YOU BACK TO THE TABLE OF CONTENTS
OVERALL VACANCY & ASKINGRENT
20%
16%
12%
2020
8%
2021
Asking Rent, $ PSF
4%
2022
0%
Vacancy Rate
MarketBeat Reports
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Tri-County Breakdowns
is one of the most culturally diverse areas in the country with nearly half of the population speaking multiple languages besides English.
The Miami-Fort Lauderdale-Palm Beach Metropolitan Statistical Area (South Florida MSA) is the seventh largest metro area in the United States with over 6.1 million residents.
The area contains a younger population with 25-34 year olds making up the largest percentage of the population by age.
South Florida
The area is known for its tropical climate, strong international ties, most notably with Latin America, and friendly business environment due to less regulation and lower taxes.
South Florida has recently seen an increase in new capital, companies, and people moving to the area due to its superior quality of life.
Population
Foreign-Born Population
Population
For
*Wall Street of the South - South Florida Business Journal
Population
Population
Foreign-Born Population
For
POPULATION 2,673,837 Miami-Dade County 1,947,026 Broward County 1,518,477 Palm Beach County 6,139,340 Total MSA
FOREIGN-BORN POPULATION 1,451,893 Miami-Dade County 502,333 Broward County 414,544 Palm Beach County 2,368,770 Total MSA 61% 21% 18%
43%
32%
SOUTH FLORIDA Foreign-Born % by County
SOUTH FLORIDA Population % by County
25%
Financial Services
Financial Services FINANCIAL SERVICES JOBS 213,500 Miami-Dade County 177,600 Broward County 83,200 Palm Beach County 474,300 Total MSA 45% 37% 18% Financial Services
MULTINATIONALS 1,000 Miami-Dade County 230 Broward County 70 Palm Beach County 1,300 Total MSA 77% 18% 5%
Multinationals
Mu
Financial Services
Multinationals
Mu
SOUTH FLORIDA Financial Services % by County
SOUTH FLORIDA Multinationals % by County
Cushman & Wakefield | Why South Florida
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“Wall Street of the South”- South Florida Business Journal
Skilled & Growing Workforce
South Florida's Labor Force is Unique as Nearly Half of the College Graduates are Multilingual.
South Florida has a reliable talent pipeline with employees drawn from more than 100 countries.
3.3 Million, With a labor force of almost
of adults have a bachelor's or graduate/professional degree 37.3%
rate of unemployment South Florida has only 2.6%
Nearly 40% OF THE TOTAL POPULATION IS 25–54 YEARS OLD. Moody's Analytics
1.3M Employed Workers
438,000+ businesses reside in South Florida
Cushman & Wakefield | Why South Florida
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International Destination
Map Layer Options Toggle to Enable Views
Intl. Airports
Brightline
Rail & Intermodal
Metropolitan Areas
County Ports
Highways
Transportation Legend
Intl. Airports
Brightline Station
County Ports
Highways
Map Key Legend
AIRPORTS South Florida has three international airports with over 2,000 daily flights including over 190 international destinations, making it one of the top international hubs in the country. All three airports serviced over 95.2 million passengers in 2023, an increase of more than 15.2 million passengers from 2022.
Passenger traffic increased by 3.4 million during 2023 from the previous year
#1 International Freight #1 International Passengers
PORTS Known as the cruise capital of the world, South Florida has three significant ports that handle a large amount of passengers and cargo. All three ports are crucial economic drivers for the region and handled nearly 2.6 million TEU's in 2022, holding steady from the previous year despite global economic headwinds and remained above the 2.2 million seen during 2020. The area's most significant trade partners were with Latin America/Caribbean followed by Asia.
#1 Cruise Port in the World - Contributes over $43 Billion to local economy
#3 Cruise Port in the World - Contributes over $30 Billion to local economy
#4 Busiest container port among Florida’s 15 deepwater ports. Contributes more than $14 Billion to local economy
BRIGHTLINE Brightline is a high-speed passenger rail that currently connects Miami, Aventura, Ft. Lauderdale, Boca Raton, West Palm Beach, and Orlando. Additional stations are planned for Tampa, Disney, Stuart, and PortMiami. The Tampa and Disney stations are expected to be completed over the next five to eight years.
Cushman & Wakefield | Why South Florida
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South Florida Migration
The South Florida MSA is projected to grow by 1.6% through 2028, or by approximately 100,000 residents.
South Florida's population grew 4.8% over the last five years, or by 287,000 residents. Florida is the 3rd most populous state in the U.S. with more than 22.8 residents, up 6.4% since 2020. The increase in population led to residential home sales spiking in South Florida as well as fueling demand for multifamily investments throughout the region. The area has benefited from many wealthy residents moving particularly from the northeast. Florida's population growth held for the 13th consecutive year, increasing 1.4% in 2023, surpassing 22.3 million residents.
732K
New York, NY Los Angeles, CA Chicago, IL San Francisco, CA Boston, MA
468K
234K
214K
70.9K
32.5K 70.2K
South Florida, FL Nashville, TN Raleigh, NC North Port, FL Lakeland, FL Jacksonville, FL San Antonio, TX
NET MIGRATION RANKINGS 2022 — 2023
94.3K 73.2K
94.6K 103K 116K
118K
Orlando, FL Charlotte, NC Austin, TX Atlanta, GA Phoniex, AZ Tampa, FL
124K
131K
143K
188K 191K
229K
Dallas, TX Houston, TX Net Migration 2020-2023
326K
-800K
-600K
-400K
-200K
0
200K
400K
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Education
Top Colleges BY ENROLLMENT 2023
Millennials Are the Second Largest Labor Base in Florida
1
Miami Dade College 60,534 2 Florida International University 54,085 3 Broward College 38,397 4 Florida Atlantic University 30,854 5 Palm Beach State College 24,235 6 NOVA Southeastern University 17,944 7 Keiser University 9,494 8 University of Miami 7,703 9 St Thomas University 5,082 10 Barry University 5,006 South Florida Business Journal
#1
Best State for Higher Education
U.S. News & World Report, 2023
75% 48% 88%
of graduates at local post-secondary institutions end up staying in Florida
of the population in South Florida has an associate degree or higher
of the population in South Florida has a high school diploma or higher
ESRI
Cushman & Wakefield | Why South Florida
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Competitive Advantage
Florida ranks as a top state in terms of tax policy with no state personal income taxes and low corporate income tax. South Florida has seen an influx of wealth as new residents have migrated for the tax friendly benefits.
REDUCED TAX RATE ON COMMERCIAL LEASES
TAX $ $ $
4.5% 2.0%
RENTAL CHARGES PAID ON OR AFTER JUNE 1, 2024 for rental period of December 1, 2023-May 31, 2024 are subject to:
Within the South Florida MSA, there are incentives to businesses and corporations relocating and expanding. Incentives include:
Florida is a TOP 5 STATE in Overall Tax Burden
RENTAL PAYMENTS MADE PRIOR TO JUNE 1, 2024 that entitle the tenant to occupy the real property on or after June 1, 2024, are subject to:
Follow the Sun Campaign- Miami Downtown Development Authority (DDA) Program offers companies with at least 10 employees a one-time payment of $2,000 per person who relocates – up to $50,000 per business annually and $150,000 over a three-year period.
Cost of Living Comparison
Cost of Living Comparison
Miamidda.com | hwww.bizjournals.com/southflorida/news/2024/04/26/miami-business-startup-incentive-program.html
250
Job Growth Incentive- Broward County Direct cash incentive paid to companies creating jobs in excess of the 115% of the county's average annual wage, up to $2,000 per new job or $200,000 per company.
200
Broward.org
150
Job Growth Incentive Grant Program- Palm Beach County Incentives are paid on the number of new jobs created as well as residents relocating to the county. Eligibility and size of grant based on number of jobs created over a specified time period.
100
Discover.pbcgov.org
50
0
New York (Manhattan)
San Francisco
Los Angeles Washington D.C.
Boston
Fort Lauderdale
Miami
Palm Beach Chicago Atlanta
Cushman & Wakefield | Why South Florida
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Capital Inflows in South Florida
The amount of capital into South Florida has increased substantially in recent years, particularly from venture capitalists and hedge fund managers. South Florida drew nearly $2.2 Billion in funding for companies in the area across 393 deals in 2023. The $2.2 Billion invested accounted for 63% of the total $3.4 Billion funding for the state of Florida in 2023. While total capital invested was down significantly from 2022's historic high, deal count remained strong, a sign that activity persisted but the deals shrunk in size. South Florida accounted for almost 63% of all deals signed in the state during 2023.
Venture Capital State Ranking 2023
Venture Capital Metro Market Ranking 2023
States
No. of Deals Total Invested (Billion) Total Invested (Billion)
States
No. of Deals Total Invested (Billion) Total Invested (Billion)
California
4,302
$77.1
Silicon Valley
2,829
$60.0
New York
1,931
$20.0
New York
2,159
$21.8
Massachusetts
856
$16.1
Boston
872
$16.4
Texas
895
$6.9
Los Angeles
1,071
$12.1
Colorado
409
$3.9
Austin
475
$4.0
Washington
428
$3.6
Denver
361
$3.5
Florida
625
$3.4
Seattle
384
$3.4
Illinois
382
$2.5
Philadelphia
556
$2.8
Virgina
277
$2.3
Chicago
360
$2.4
South Florida started 2024 strong, with almost $600 Million invested in the first quarter across 94 deals.
South Florida
New Jersey
393
$2.2
250
$2.1
South Florida Venture Capital Funding
8
600
508
South Florida ranked 7th in the Nation for Number of Venture Capital Deals Signed in 2023.
7
463
500
6
393
400
5
257
300
4
242
242
3
200
2
94
100
1
$2.7B
$2.2B
$2.1B
$1.5B
$5.5B
$6.9B
$0.6B
0
0
2018
2019
2020
2021
2022
2023
YTD 2024
Total Invested
Number of Deals
Cushman & Wakefield | Why South Florida
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Emerging Tech Hub for Investment Technological talent and tech business funding sources continued growing in 2023, following a post-pandemic tech boom in South Florida. Starting with Microsoft's relocation of its Latin Headquarters in 2021, the metro market has had an influx of companies, investments, and talent.
South Florida Tech Employment Trend
125.00
122.05
120.00
115.00
110.00
52.4% 10-Year Job Growth
105.00
100.00
Various technology firms such as Wix, Citrix, Blockchain, Tyco, Sykes Enterprises and Greyson Technologies call South Florida home. Major tech giants including Microsoft, Amazon, and Apple continued to invest in the area, increasing their presence over the past 18 months. The latest included Apple occupying almost 45,000 sf in the Coral Gables submarket. Tech employment in the area boomed since 2020, up 22.6%, or 22,500 jobs added. South Florida trailed only the Dallas-Fort Worth metro market in total percent increase in tech employment over the past 3 years. Tech occupations are expected to grow by 13.2% through 2030.
95.00
90.00
85.00
2.0x More Diverse than U.S. Tech Industry Overall
80.00
75.00
70.00
2011
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
2022 2023
Tech Worker Migration: 2020-2023
Tech Worker Migration: 2020-2023
26.0%
“To give you an idea of what’s going on in the Miami tech scene: every day, sometimes multiple times a day, a big, massive deal is announced,” Shapiro - The Tag Experience (Owner. Represents several tech companies and venture capitalists).
22.6%
16.3%
14.4%
13.6%
Percent Change
9.1%
Dallas-Fort Worth
South Florida
Houston
Atlanta
New York
Philadelphia
https://aventuramagazine.com/inside-miamis-trillion-dollar-tech-industry/
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Accelerated New-To-Market Tenant Demand
New-To-Market (NTM) demand continues 2 years after reaching an all time high during the pandemic. NTM interest, particularly in Miami and West Palm Beach, has pushed South Florida to the forefront of post-pandemic economic success. Over 30 NTM companies have taken up residence in South Florida over the past 24 months. Notable companies such as Citadel, ThomaBravo, Goldman Sachs, Industrious, and Knotel have all expanded into the region. The Citadel lease at 830 Brickell highlights the massive wave of companies flocking to South Florida, and more specifically Brickell and Downtown Miami. This wave of New-To-Market demand has allowed landlords to increase rents to historical highs across the board.
INDUSTRIOUS
GOLDMAN SACHS
Jupiter
NATIONS BENEFITS
MILLENNIUM MANAGEMENT
West Palm Beach
Boca Raton
WEST MARINE
ORBIS EDUCATION SERVICES
Fort Lauderdale
30+ companies relocated or expanded over the past 24 months.
Hollywood
THOMABRAVO
Miami Beach
Miami
BLOCKCHAIN
Brickell Coconut Grove Downtown
AERCAP
HOUSE OF WISE
KNOTEL
FIFA
SANTANDER
KASEYA
CITADEL
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Current & Future Developments
Miami Worldcenter Miami Worldcenter, featuring 600,000 square feet of office space, is a world-class urban destination with a compelling and unique blend of exceptional entertainment, retail, residential and commercial offerings.
830 Brickell 830 Brickell brings a premium commercial offering to the heart of Miami’s financial center — as the area’s first Class A+ freestanding office building to be built in over a decade.
830brickell.com
miamiworldcenter.com
One Brickell City Centre Supertower The ±1,000,000 square foot Class A office building would be over 1,000 ft tall and become the largest building in Florida. The tower would add to the over 500,000 square feet of shopping, culinary, and entertainment offerings at Brickell City Centre.
T3 Fat Village FAT Village is a 5.6 acre integrated, mixed-use creative office, retail and residential urban development in Fort Lauderdale’s Flagler Village neighborhood.
t3fatvillage.com
onebrickellcitycentre.com
One West Palm One West Palm is a luxury mixed-use development containing a ±200,000 square foot Class A+ office space located in West Palm Beach, Florida.
Banyan and Olive Banyan and Olive is comprised of two buildings, 300 Banyan and 111 Olive, creating over 130,000 square feet of Class A space in the heart of downtown West Palm Beach.
onewestpalm.com
banyanandolive.com
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Office Market Snapshot Q1 2024 88.6 MSF Aventura Miami Lakes 95 MIAMI LAKES MIAMI
BROWARD
PALM BEACH
South Florida
826
Northeast Dade NORTHEAST DADE
CLASS A CLASS B 47.2 MSF 41.4 MSF
924
27
826
Airport East / Central Dade AIRPORT EAST/ CENTRAL DADE
95
Biscayne BISCAYNE
27
Miami Beach MIAMI BEACH
Wynwood / Biscayne / Design District
Airport West AIRPORT WEST
195
195
Miami International Airport
East Coast Bu er Water Preserve Area
Class A Spotlight
95
826
836
836
Downtown CBD CBD
Coral Way CORAL WAY
Coral Gables
CORAL GABLES
Coconut Grove COCONUT GROVE
MIAMI-DADE
South Miami SOUTH MIAMI
NE 14TH ST
1
R C S W Y
H U
R T
C A
NE 13TH ST
M A
NW 13TH ST
39.5 MSF Inventory
15.4% Overall Vacancy
$53.53 Overall Rent (FS PSF)
NW 3RD AVE
395 395
NW 12TH ST
NW 11TH ST NW 11TH TER
METROMOVER ELEVENTH STREET STATION
NE 7TH ST EVAIMAIMHTUOS EVAIMAIMHTRON N D I S T R I B U T O R METROMOVER FREEDON TOWER STATION METROMOVER PARK WEST STATION METROMOVER COLLEGE NORTH STATION METROMOVER THIRD STREET STATION METROMOVER RIVERWALK STATION NE 4TH ST NE 2ND ST NE 1ST ST
NW 10TH ST
A Y N E B L V D
NW 9TH ST
NW 8TH ST
B I S C
METRORAIL HISTORIC OVERTOWN / LYRIC THEATER STATION
P O
R
T
B L
V D
NW 6TH ST
METROMOVER ARENA / STATE PLAZA STATION
Kendall / South Dade KENDALL/ SOUTH DADE
NW 5TH ST
95 95
METROMOVER COLLEGE /
BAYSIDE STATION
SE 1ST AVE DOWNTOWN
NW 1ST AVE
NW 2ND AVE
NW 3RD ST
METROMOVER GOVERNMENT
METRORAIL GOVERNMENT
CENTER STATION
CENTER STATION
METROMOVER FIRST STREET STATION
SE 2ND AVE
EAST FLAGLER ST
METROMOVER MIAMI AVENUE STATION
WEST FLAGLER ST
NORTH RIVER DR
SE 1ST ST
CHOPIN PL
SE 2ND ST
SW 3RD ST
D O W N T O W
METROMOVER BAYFRONT PARK STATION
SW 3RD ST
METROMOVER KNIGHT CTR STATION
B I S C A Y N E B L V D W A Y
METROMOVER FIFTH STREET STATION
SE 5TH ST SE 6TH ST
SW 7TH ST
METROMOVER EIGHTH STREET STATION
SW 8TH ST
BRICKELL
BR I CKELL A V E
B R I C
R
Y D
K E
L
K
E L
SW 9TH ST
SW 1ST AVE
SW 10TH ST
Biscayne Bay
METROMOVER TENTH STREET STATION
B R
SW 3RD AVE
SW 4TH AVE
I C K E
SW 11TH ST
METRORAIL BRICKELL STATION
1
L
L B
METROMOVER BRICKELL STATION
A
Y
SW 12TH ST
D R
SE 12TH ST SE 13TH TER
SW 13TH ST
SE 13TH ST
SW 2ND AVE
SE 14TH ST
SW 12TH ST
METROMOVER FINANCIAL
BROADWAY
DISTRICT STATION
SE 14TH T
E
R
BROWARD
SW 1ST AVE
26.2 MSF Inventory
16.8% Overall Vacancy
$39.85 Overall Rent (FS PSF)
Supply & Demand South Florida
Overall Rental & Vacancy Rates South Florida
10.0M
$50.00
18.0%
14.0% 16.0%
$48.00
8.0M
$46.00
12.0%
$44.00
6.0M
10.0%
$42.00
PALM BEACH
8.0%
4.0M
$40.00
6.0%
22.9 MSF Inventory
11.7% Overall Vacancy
$46.29 Overall Rent (FS PSF)
$38.00
4.0%
2.0M
$36.00
2.0%
-
$34.00
0.0%
2019
2020
2021
2022
2023
YTD 2024
2019
2020
2021
2022
2023
YTD 2024
(2.0M)
Leasing Activity
Construction Completions
Overall Absorption
Overall Rental Rate
Overall Vacancy
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Industrial Market Snapshot Q1 2024 249.6 MSF Warehouse/Distribution 25.7 MSF Office Services/Flex 75 95 95 826 826 924 27 27 Opa Locka Airport HIALEAH MIAMI LAKES AIRPORT NORTH/ MEDLEY NORTHEAST DADE NORTH CENTRAL DADE NORTHWEST DADE MIAMI
BROWARD
PALM BEACH
AIRPORT EAST/ DOWNTOWN
195
195
AIRPORT WEST
34.3 MSF Manufacturing
Miami International Airport
95
826
836
836
SOUTH DADE
Submarket Spotlight
Biscayne Bay
MIAMI-DADE
175.5 MSF Inventory
4.2% Overall Vacancy
$16.99 Overall Rent (NNN PSF)
Supply & Demand South Florida
Overall Rental & Vacancy Rates South Florida
BROWARD
92.6 MSF Inventory
3.1% Overall Vacancy
$15.11 Overall Rent (NNN PSF)
0.5% 0.0% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0%
25.0M
$18.00
$16.00
20.0M
$14.00
$12.00
15.0M
$10.00
10.0M
$8.00
PALM BEACH
$6.00
5.0M
$4.00
41.4 MSF Inventory
4.7% Overall Vacancy
$14.53 Overall Rent (NNN PSF)
-
$2.00
2019
2020
2021
2022
2023
YTD 2024
2019
2020
2021
2022
2023
YTD 2024
Leasing Activity
Construction Completions
Overall Absorption
Overall Rental Rate
Overall Vacancy
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Effective Rent vs Stabilized Occupancy Rate South Florida Multifamily Market Snapshot Q1 2024 276,441 UNITS Across 1,381 Properties
Absorption vs Completions South Florida
94.7%
97.5%
25,000
3,000
STABILIZED OCCUPANCY RATE Excludes Properties Still In Their Initial Lease-Up Period
97.0%
2,500
20,000
96.5%
96.0%
2,000
15,000
95.5%
Over $26.1 Billion In Sales Over The Past 5 Years
1,500
95.0%
10,000
94.5%
1,000
94.0%
5,000
93.5%
Market Asking Rent Per Unit by Bedroom 5-Year Increase Comparison: 5-Year Increase 2019 Rent
500
93.0%
-
-
92.5
2019
2020
2021
2022
2023
YTD 2024
2019
2020
2021
2022
2023
YTD 2024
Effective Rent Per Unit
Stabilized Occupancy Rate
Construction Completions
Overall Net Absorption
Studio
$2,765
26.7% $2,183
1 Bedroom 2 Bedroom 3 Bedroom
$2,501
33.0% $1,881 33.4% $1,880 32.6% $2,002
$2,507 $2,655
Over 32,000 Units Under Construction
CoStar Data Depicted
Cushman & Wakefield | Why South Florida
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Market Lead
Authors
SOURCES aaroads.com Broward.org Discover.PBC.org Enterprise Florida ESRI flgov.com
TownCharts univstats.com U.S. Census Bureau U.S. Bureau of Labor Statistics Visit Florida
Kauffman Index Lightcast.io MiamiDade.com Moody's Analytics
National Association of Realtors South Florida Business Journal
Contributors
Connor Salzman Research Analyst | Ft. Lauderdale +1 954 377 0493 connor.salzman@cushwake.com
Connor Steele Research Analyst | Tampa +1 305 533 2877 connor.steele@cushwake.com
©2024 Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple sources believed to be reliable. The information may contain errors or omissions and is presented without any warranty or representation as to its accuracy.
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