Market Intelligence · Palm Beach County

Palm Beach County

Leasing and sales across industrial, flex, office and retail property in Palm Beach — what leased, what sold, what is still available and what it costs. Tracked daily from thousands of listings and county records: the same data behind every AXCESS recommendation.

151 spaces leased · 90 days29 properties sold · 90 days2,289 spaces available405 for saleUpdated Oct 8, 2026
Get a custom market report
Home › Market Report › Palm Beach

Palm Beach leasing in the last 90 days

Each figure is compared with the 90 days before it. Green means the market moved the way an owner wants; red the other way.

Spaces leased

151

Previous244
% change-38.1%
Trend▼

SF absorbed

1.2MSF

Previous1M
% change+18.0%
Trend▲

Average asking

$29.71/SF/yr

Previous$27.69
% change+7.3%
Trend▲

Typical deal

3,000SF

Previous1,800
% change+66.7%
Trend▲
Market health

How fast is Palm Beach clearing?

Three readings that say whether this is an owner's or a buyer's market right now. The black tick on each dial marks the previous 90-day period.

Market velocity

Previous period: 9%0%50%

10%

10% of the square footage listed today was absorbed in the last 90 days — the prior period cleared 9%.

Months of supply

Previous period: 34036

29

At the current pace, today's inventory would take about 29 months to clear. Under 12 favours landlords; over 24 favours tenants.

Asking-rate spread

Previous period: 87%60%140%

93%

Spaces that left the market were asking 93% of today's average listed rent ($32.00/SF/yr). Under 100% means the cheaper space is moving first.

Leasing activity

Twelve months of absorption

Square footage that came off the lease market each month, with a three-month trend line. Activity is dated by the market check that found the space gone, so months can cluster around sweeps.

SF leased by month

Bars: monthly total · Line: three-month average

0200k400k600k800k1MNov: 0NovDec: 0DecJan '26: 0Jan '26Feb: 0FebMar: 0MarApr: 0AprMay: 390k390kMayJun: 0JunJul: 642k642kJulAug: 2k2kAugSep: 240k240kSepOct: 976k976kOctNov trend: 0Dec trend: 0Jan '26 trend: 0Feb trend: 0Mar trend: 0Apr trend: 0May trend: 130kJun trend: 130kJul trend: 344kAug trend: 215kSep trend: 295kOct trend: 406k

Spaces leased by month

Count of spaces withdrawn from the lease market

050100150200NovDecJan '26FebMarAprMayJunJulAugSepOctSpaces · Nov: 0Spaces · Dec: 0Spaces · Jan '26: 0Spaces · Feb: 0Spaces · Mar: 0Spaces · Apr: 0Spaces · May: 66Spaces · Jun: 0Spaces · Jul: 178Spaces · Aug: 1Spaces · Sep: 49Spaces · Oct: 101101

SF leased by asset class

Last 90 days

Office: 683k (57%)Industrial: 430k (36%)Retail: 86k (7%)1.2MSF
  • Office683k · 57%
  • Industrial430k · 36%
  • Retail86k · 7%

Monthly absorption by asset class

Stacked SF, last twelve months

0200k400k600k800k1MNovDecJan '26FebMarAprIndustrial · May: 344kOffice · May: 25kRetail · May: 15k385kMayJunIndustrial · Jul: 301kOffice · Jul: 47kRetail · Jul: 274k624kJul2kAugIndustrial · Sep: 200kOffice · Sep: 24k224kSepIndustrial · Oct: 229kOffice · Oct: 659kRetail · Oct: 86k973kOct
  • Industrial1.1M
  • Office754k
  • Retail374k
  • Land4k

Share of activity by submarket

SF leased, last 90 days

  • West Palm Beach69%
  • Boca Raton7%
  • Palm Beach Gardens4%
  • Delray Beach3%
  • Lake Worth1%
  • Riviera Beach1%
  • Other14%

Deals by size band

Number of spaces, by square footage

64
<2.5k
30
2.5-5k
10
5-10k
19
10-25k
15
25-50k
2
50k+
What's moving

Where the demand is

The submarkets, asset classes and size ranges that cleared the most space in the last 90 days.

Most active submarkets

  1. 1West Palm Beach51 spaces840k SF
  2. 2Boca Raton20 spaces84k SF
  3. 3Palm Beach Gardens18 spaces49k SF
  4. 4Riviera Beach17 spaces15k SF
  5. 5Delray Beach9 spaces42k SF

By asset class

  1. 1Office683k SF40 spaces · $33.16
  2. 2Industrial430k SF65 spaces · $23.08
  3. 3Retail86k SF42 spaces · $37.06

By size band

  1. 1<2.5k SF64 deals87k SF
  2. 22.5-5k SF30 deals100k SF
  3. 310-25k SF19 deals341k SF
  4. 425-50k SF15 deals498k SF
  5. 55-10k SF10 deals61k SF
Available now

What's on the market in Palm Beach today

Current availability across the spaces we track, and what it is asking.

Spaces available

2,289

listed for lease

SF available

11.9MSF

11,868,233 square feet

Average asking

$32.00/SF/yr

1,456 of 2,289 publish one

Submarkets

25

cities with 3+ listings

SF available by asset class

What's on the market, by volume

Industrial: 4.5M (43%)Office: 3.5M (33%)Retail: 2.2M (21%)Land: 255k (2%)11.9MSF
  • Industrial4.5M · 43%
  • Office3.5M · 33%
  • Retail2.2M · 21%
  • Land255k · 2%

Average asking by asset class

$/SF/yr across listed spaces

Land$50.78/SF/yr
Office$34.43/SF/yr
Retail$33.61/SF/yr
Industrial$26.73/SF/yr

Available spaces by size band

Number of listings, by square footage

1,291
<2.5k
486
2.5-5k
240
5-10k
193
10-25k
60
25-50k
18
50k+
Days on market

How long spaces take to lease in Palm Beach County

Time on the market for the spaces we track: the ones still available, and the ones leased over the last 12 months.

Median days to lease

128days

390 spaces leased in 12 months

Average days to lease

298days

a few long-listed spaces pull the average up

On the market now

140days

median, 2,289 spaces still available

Spaces measured

2,679

available now + leased in 12 months

Median days to lease by size

Leased in the last 12 months

<2.5k SF106 days
2.5-5k SF151 days
5-10k SF137 days
10-25k SF264 days
25-50k SF1,426 days
50k+ SF718 days
Methodology

Where the numbers come from. AXCESS Commercial maintains its own database of industrial, flex, office and retail property across Southeast Coastal Florida and re-checks the market continuously; a listing is dated by the check that found it gone, so activity can cluster on sweep dates. Leasing and sales are counted separately and never averaged together — a listing is a sale when it is marketed for sale, or when it quotes a price rather than a rent. A space counts as leased here when it is withdrawn from the lease market; most are real transactions, some are owners pulling or re-listing, which is why we do not call them closings. Rents are asking rents at the time the listing came off the market, not achieved rents, and only the listings that publish a rate are in those averages. Days on market run from the listing's published date on market (or the day we first recorded it, if earlier) to the day it came off the market, or to today for spaces still available. Market velocity is SF that cleared in the window divided by SF listed today; months of supply is SF listed today divided by the window's monthly pace. Figures are aggregates; no individual listing is identified. Not an offer, appraisal or investment advice.

Updated October 8, 2026 · AXCESS Commercial

Want this for your building or your search?

Our agents prepare a market report tailored to your property or requirement — live comparables, asking rents, vacancy and what has moved in your submarket — at no cost.

Request a custom report
Market data from the AXCESS Commercial listing database.