Family Office Briefing on research bySavills·Nov 3, 2023

South Florida 2023 Q3 Market Report

South Florida commercial real estate shows strong leasing activity in Q3 2023 — family offices should consider co-GP opportunities with local operators.

Florida2023

Key Metrics

Metric	Value	Change / Context
Availability Rate	18.7%	Y-O-Y CHANGE
Asking Rental Rate	42.91psf (FS)	Y-O-Y CHANGE
Class A Asking Rental Rate	48.80psf (FS)	Y-O-Y CHANGE
Quarterly Leasing Activity	1.8msf	Y-O-Y CHANGE
Available Sublease Space	2.6msf	Y-O-Y CHANGE

Metrics extracted from the source report and independently fact-checked. Method →

Full report

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