Market Reports

Lee & Associates South Florida Q2 Report: Office and Retail Markets Gain Momentum While Multifamily Remains Resilient   Region’s industrial sector continues to normalize as pricing and investor activity remain strong   MIAMI, FL (July 29, 2026) – South Florida’s office and retail sectors gained momentum during the second quarter of 2026, while the region’s multifamily market continued to demonstrate resilience despite ongoing global economic uncertainty. The industrial market continued its transition toward a more…

Lee & Associates South Florida Q1 Report: Industrial Stabilizes as Retail and Office Fundamentals Remain Strong   Region’s multifamily sector shows resilience amid moderating growth in first quarter of 2026   MIAMI, FL (April 29, 2026) – South Florida’s industrial market continued its transition into a stabilization phase during the first quarter of 2026, as vacancies rose and absorption remained negative, according to Lee & Associates South Florida’s Q1 2026 market report. The region’s retail…

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…