Figure

Fort Lauderdale Office MarketView Q1 2020

09 abr. 2020

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• Vacancy sits at 10.8%, a slight increase from last quarter as the 550 Building delivers.


• Despite the uptick in Vacancy, tenants tookoccupancy of over 67,500 sq. ft. of space to
start 2020.


• The 550 Building delivered this quarter, adding over 103,000 sq. ft. to the market. An additional 900,300 sq. ft is currently under construction.


• Though not officially closed, the sale of Cypress Financial Center to Slate Office REIT
was announced. They are purchasing the building from Steelbridge Capital for $45.5 million.