Market Intelligence · Palm Beach County

Wellington

Leasing and sales across industrial, flex, office and retail property in Wellington — 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.

4 spaces leased · 90 days51 spaces available8 for saleUpdated Oct 7, 2026
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Wellington 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

4

Previous1
% change+300.0%
Trend▲

SF absorbed

4kSF

Previous3k
% change+72.6%
Trend▲

Average asking

$28.75/SF/yr

Previous—
% change—
Trend▬

Typical deal

1,214SF

Previous2,501
% change-51.5%
Trend▼
Market health

How fast is Wellington 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: 1%0%50%

2%

2% of the square footage listed today was absorbed in the last 90 days — the prior period cleared 1%.

Months of supply

Previous period: 232036

134

At the current pace, today's inventory would take about 134 months to clear. Under 12 favours landlords; over 24 favours tenants.

Asking-rate spread

60%140%

99%

Spaces that left the market were asking 99% of today's average listed rent ($29.06/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

01k2k3k4k5kNov: 0NovDec: 0DecJan '26: 0Jan '26Feb: 0FebMar: 0MarApr: 0AprMay: 0MayJun: 0JunJul: 3k3kJulAug: 0AugSep: 4k4kSepOct: 0OctNov trend: 0Dec trend: 0Jan '26 trend: 0Feb trend: 0Mar trend: 0Apr trend: 0May trend: 0Jun trend: 0Jul trend: 834Aug trend: 834Sep trend: 2kOct trend: 1k

Spaces leased by month

Count of spaces withdrawn from the lease market

01234NovDecJan '26FebMarAprMayJunJulAugSepOctSpaces · Nov: 0Spaces · Dec: 0Spaces · Jan '26: 0Spaces · Feb: 0Spaces · Mar: 0Spaces · Apr: 0Spaces · May: 0Spaces · Jun: 0Spaces · Jul: 1Spaces · Aug: 0Spaces · Sep: 4Spaces · Oct: 00

SF leased by asset class

Last 90 days

Industrial: 4k (100%)4kSF
  • Industrial4k · 100%

Monthly absorption by asset class

Stacked SF, last twelve months

01k2k3k4k5kNovDecJan '26FebMarAprMayJunOffice · Jul: 3k3kJulAugIndustrial · Sep: 4k4kSepOct
  • Industrial4k
  • Office3k
  • Retail0
  • Land0

Deals by size band

Number of spaces, by square footage

4
<2.5k
What's moving

Where the demand is

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

By asset class

  1. 1Industrial4k SF4 spaces · $28.75

By size band

  1. 1<2.5k SF4 deals4k SF

Pace

  1. ·Per month1.4 spaces1k SF
  2. ·Removal dates in window1market sweeps
Available now

What's on the market in Wellington today

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

Spaces available

51

listed for lease

SF available

196kSF

195,758 square feet

Average asking

$29.06/SF/yr

35 of 51 publish one

Largest band

<2.5kSF

most listed size range

SF available by asset class

What's on the market, by volume

Retail: 75k (42%)Industrial: 54k (30%)Office: 51k (28%)196kSF
  • Retail75k · 42%
  • Industrial54k · 30%
  • Office51k · 28%

Average asking by asset class

$/SF/yr across listed spaces

Industrial$29.64/SF/yr
Office$29.25/SF/yr
Retail$22.50/SF/yr

Available spaces by size band

Number of listings, by square footage

32
<2.5k
11
2.5-5k
3
5-10k
4
10-25k
1
25-50k

Leased vs listed, by asset class

Share of listed SF that cleared in 90 days

Industrial8%
Retail0%
Office0%
Days on market

How long spaces take to lease in Wellington

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

965days

2 spaces leased in 12 months

Average days to lease

965days

a few long-listed spaces pull the average up

On the market now

226days

median, 51 spaces still available

Spaces measured

53

available now + leased in 12 months
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 7, 2026 · AXCESS Commercial

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Market data from the AXCESS Commercial listing database.