Market Reports

Lee & Associates South Florida Q4 Report: Office Market Resilience Stands Out as Other Sectors Remain Flat   Industrial vacancies jump in fourth quarter of 2025, while retail and multifamily hold steady   MIAMI, FL (January 27, 2025) – South Florida’s office market experienced notable rent growth during the fourth quarter of 2025, according to Lee & Associates South Florida’s Q4 2025 market report. The region’s industrial sector saw vacancies rise, while its retail and…

Lee & Associates South Florida Q3 Report: Industrial Market Continues Softening, Retail Remains Resilient   Region’s office and multifamily sectors hold steady in third quarter of 2025   MIAMI, FL (October 23, 2025) – South Florida’s industrial market is far removed from its peak, as vacancies continued to rise during the third quarter of 2025, according to Lee & Associates South Florida’s Q3 2025 market report. The region’s retail sector maintained an extremely low vacancy…

Lee & Associates South Florida Q2 Report: Industrial Vacancies Jump Significantly Year-Over-Year   Region’s office, multifamily and retail sectors maintain strength in second quarter of 2025   MIAMI, FL (July 22, 2025) – South Florida’s industrial market experienced a surge in vacancies during the second quarter of 2025, according to Lee & Associates South Florida’s Q2 2025 market report. The region’s office, multifamily and retail sectors largely mirrored year-over-year trends from the previous quarter, however.

Lee & Associates South Florida Q1 Report: Industrial Vacancies Surge, But Rents Hold Steady   Region’s office, multifamily and retail sectors remain resilient in first quarter of 2025   MIAMI, FL (April 23, 2025) – South Florida’s industrial market experienced a major uptick in vacancies while avoiding rental rate compression during the first quarter of 2025, according to Lee & Associates South Florida’s Q1 2025 market report. The region’s office, multifamily and retail sectors demonstrated…

Lee & Associates South Florida Q4 Report: Local Retail, Office Sectors Maintain Strength   Region’s multifamily and industrial sectors continue softening trend in fourth quarter of 2024   MIAMI, FL (January 27, 2025) – South Florida’s retail and office markets kept shining – especially in comparison to the rest of the nation – during the fourth quarter of 2024. On the flip side, the region’s multifamily and industrial sectors continued a softening trend from the…

Lee & Associates South Florida Q3 Report: Office Market Demonstrates Resilience Amid National Slowdown Local multifamily and industrial sectors soften in third quarter of 2024, while retail maintains strong performance…   MIAMI, FL (October 23, 2024) – South Florida’s office market is not experiencing the doom and gloom reported in other parts of the country, according to Lee & Associates South Florida’s Q3 2024 market report. The local multifamily and industrial sectors saw sharp vacancy…

Lee & Associates South Florida Q2 Report: Industrial Vacancies Jump Year-Over-Year Local retail, office and multifamily markets maintain performance in second quarter of 2024…   MIAMI, FL (July 26, 2024) – South Florida’s industrial market experienced a sharp year-over-year increase in vacancies, according to Lee & Associates South Florida’s Q2 2024 market report. The local retail, office and multifamily sectors largely held steady during the second quarter of 2024, however, as the region continues to…

Lee & Associates South Florida Q1 Report: Vacancies Stabilize in Key Real Estate Sectors Local retail, office, multifamily and industrial markets continue to outperform national averages…   MIAMI, FL (April 23, 2024) – South Florida’s commercial real estate market keeps outpacing the rest of the nation, even as the region is further removed from the pandemic-era frenzy of activity, according to Lee & Associates South Florida’s Q1 2024 market report. Vacancies stabilized in the local…

Lee & Associates South Florida Q4 Report: Vacancies Climb in Industrial and Multifamily Sectors Local office and retail markets hold steady amid broader real estate and economic headwinds…   MIAMI, FL (January 30, 2023) – South Florida’s industrial and multifamily markets saw notable year-over-year increases in vacancies, according to Lee & Associates South Florida’s Q4 2023 market report. The region’s office and retail sectors managed to keep vacancies in check, with the office market bucking…