| Market
Overview for Tri-County Area |
|
Broward,
Miami-Dade and Palm Beach County
|
| |
Year
End 2006
|
| |
Real
Estate Market - Office |
| |
Palm
Beach |
Ft.
Lauderdale |
Miami-Dade |
| Vacancy
|
9.4%
(down from 9.9% a year ago) |
10.6%
(up from 9.2% a year ago) |
8.7%
(down from 12.75% a year ago) |
| Effective
Rent |
$19.80
(up from $19.64 a year ago) |
$17.69
(down from 19.15 from a year ago) |
$19.51
(down from 19.86 from a year ago) |
|
|
|
|
|
Real
Estate Market - Retail
(commmunity and neighborhood only) |
|
Palm
Beach |
Ft.
Lauderdale |
Miami-Dade |
| Vacancy
|
4.5%
(up from 4.2% a year ago) |
5.3%
(down from 5.6% a year ago) |
3.6%
(no change from a year ago) |
| Effective
Rent |
$18.53 (up from
$17.58 a year ago)
|
$15.69
(up from $14.72 a year ago) |
$20.10
(up from $19.07 a year ago) |
|
|
|
|
| |
Real
Estate Market - Apartment |
|
Palm
Beach |
Ft.
Lauderdale |
Miami-Dade |
| Vacancy
|
4.1%
(down from 5.4% a year ago) |
2.4%
(down from 3.0% a year ago) |
2.9%
(down from 3.2% a year ago) |
| Effective
Rent |
$992
(up from $980 a year ago) |
$993
(up from $966 a year ago) |
$983
(up from $968 a year ago) |
| |
|
|
|
|
Real
Estate Market - Industrial |
|
Palm
Beach |
Ft.
Lauderdale |
Miami-Dade |
| Vacancy
|
4.8%
(up from 4.3% a year ago) |
5.5%
(down from 6.2% a year ago) |
5.7%
(down from 6.8% a year ago) |
| Effective
Rent |
$6.25
(down from $6.39 a year ago) |
$7.32
(up from $7.03 a year ago) |
$5.04
(down from 5.44% a year ago) |
| |
|
|
|
| |
|
|
|
| |
Check
out updated market information for each classification of property |
 |
|
| |
|
|
|
