Intelligence

Regional Summaries

Select a state to view available market snapshots

Palm Beach, FL

Apartment
Vacancy in the Palm Beach County apartment market ended 2017 at 5.8%, up 30 basis points for the period and up fully 170 for the year following a decline by 70 the year before. By the end of January 2018, the overall rate had risen to 6.1%. Rent growth has been uneven but was very strong in 2017. At $1,469 and $1,393 per month, fourth quarter asking and effective averages were up 5.5% and 5.7% for the year following gains of just 2.7% and 2.0% all told in 2016—after increases of fully 6.8% apiece in 2015. Gains in the fourth quarter of 2017 alone were 0.7% and 0.2%, to which January 2018 added increases of 0.5% and 0.4%. VIEW APARTMENT LISTINGS >
Industrial
Vacancy in the Palm Beach county warehouse/distribution sector closed the fourth quarter of 2017 at the notably low rate of 5.7%, down 40 basis points for the period and down 150 for the year—following a 50-basis-points increase in 2016. The 24,000 square feet of positive net absorption that followed in January 2018 lowered the rate to 5.6%. Strong rent growth at high prices is indicated. At $6.65 psf and $6.15 psf, fourth quarter mean asking and effective warehouse/distribution space lease rates were up 5.2% and 5.5% for the year following 2016’s increases of 4.1% and 4.3%. Gains for the fourth quarter alone were 1.4% and 1.5%, to which January 2018 brought increases of 0.3% and 0.5%. VIEW INDUSTRIAL LISTINGS >
Office
Vacancy in the Palm Beach County general purpose, multi-tenant office market ended 2017 at 15.0%, down 30 basis points since the third quarter and down 50 for the year. The rate for January 2018 is reckoned at 15.3%. Rates of rent growth, after slipping in 2016, revived somewhat in 2017. At $30.47 psf and $24.29 psf, average fourth quarter asking and effective rates were up 2.0% and 2.1% for the year following gains of 1.5% and 1.9% in 2016. Gains for the fourth quarter alone were 0.4% and 0.5%. January 2018 followed with an essentially flat performance. VIEW OFFICE LISTINGS >
Retail
At 8.5%, the Palm Beach County fourth quarter 2017 community-neighborhood shopping center vacancy rate was down 20 basis points for the period and down 30 for the year following a loss of 50 in 2016. January 2018 reduced the rate by 20 more. At $24.22 psf and $21.18 psf, fourth quarter community-neighborhood center average asking and effective rents were up 3.5% each for the year following gains of 2.7% and 2.8% through 2016. Gains in the fourth quarter of 2017 alone were 1.0% each to which January 2018 added increases of 0.2%. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, inc.

Coldwell Banker Commercial® Reports

Coldwell Banker Commercial® Blue Book

Coldwell Banker Commercial® Blue Book

The Coldwell Banker Commercial® (CBC) organization is proud to present its’ 2017 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the Coldwell Banker Commercial organization from all over the world.

CBC-affiliated professionals represent one of the largest commercial real estate footprints in the U.S.  The Blue Book brings their local market feedback directly to you with up-to-date commercial real estate research covering 130+ Primary, Secondary, Tertiary & International markets. If you are thinking of investing in alternative markets, the Blue Book is your go-to resource for local commercial real estate market data!

 CBC NRT NNN Investment Report

CBC NRT NNN Investment Report

This is a market report that Coldwell Banker Commercial NRT prepared for the CBC Global Conference. This report provides the 2018 forecast of net-lease properties and details why NNN properties remain well-positioned for continued success and growth in the coming months.

The U.S. Gulf Coast & Its Vital Interstate-10 Corridor

The U.S. Gulf Coast & Its Vital Interstate-10 Corridor

CBC Infographics

Shopping In-store vs. Online Shopping

Shopping In-store vs. Online Shopping

The retail industry is in the midst of epic change and while some predict the end of brick and mortar stores, a recent Coldwell Banker Commercial Affiliates survey conducted online by Harris Poll aimed to explore current shopper preferences and trends to determine the real state of commercial real estate today.

Commercial Real Estate & Technology: The Generational Divide

Commercial Real Estate & Technology: The Generational Divide

Infographic that addresses how each generation sees aspects like the adoption, use and importance of technology. Ultimately, each generations’ concerns come down to the impact that new technology will have on the industry.

The Growing Value of Digital Tools

The Growing Value of Digital Tools

Which digital tools do commercial real estate professionals value most, and what devices are they using to access them, and how are these professionals’ technology habits likely to change in the years to come?

Workers Prefer Dynamic and Efficient Office Space

Workers Prefer Dynamic and Efficient Office Space

As employers seek to define the workplace perks most likely to attract and retain employees, a recent Coldwell Banker Commercial Affiliates survey found that the physical office itself could keep staff happier.

White Papers

 

     

Additional Resources

 

    

 

   

Commercial Real Estate Market Information

Coldwell Banker Commercial has commercial real estate market statistics to help you find out more about your local commercial real estate market. Whether you are looking for commercial real estate market trends or information on a commercial real estate markets size, we have the commercial real estate market reports you need.Get the information you need to make wise commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!