Market Report · Palm Beach County

Delray Beach

Leasing activity and current availability in Delray Beach — square footage absorbed, asking rates, and how fast the market is clearing, from the spaces we track every day.

34 spaces leased · 90 days119k SF absorbed148 spaces available nowUpdated Sep 14, 2026
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HomeMarket ReportPalm BeachDelray Beach

Delray Beach in the last 90 days

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

Spaces leased

34

Previous0
% change
Trend

SF absorbed

119kSF

Previous0
% change
Trend

Average asking

$31.00/SF/yr

Previous
% change
Trend

Typical deal

2,695SF

Previous
% change
Trend
Market health

How fast is Delray Beach clearing?

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

Market velocity

Previous period: 0%0%50%

24%

24% of the square footage listed today was absorbed in the last 90 days — the prior period cleared 0%.

Months of supply

036

12

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

Asking-rate spread

60%140%

86%

Spaces that left the market were asking 86% of today's average listed rate ($35.92). Under 100% means the cheaper space is moving first.

Leasing activity

Twelve months of absorption

Square footage that came off the 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 absorbed by month

Bars: monthly total · Line: three-month average

020k40k60k80k100kOct: 0OctNov: 0NovDec: 0DecJan '26: 0Jan '26Feb: 0FebMar: 0MarApr: 0AprMay: 0MayJun: 0JunJul: 81k81kJulAug: 0AugSep: 39k39kSepOct trend: 0Nov trend: 0Dec trend: 0Jan '26 trend: 0Feb trend: 0Mar trend: 0Apr trend: 0May trend: 0Jun trend: 0Jul trend: 27kAug trend: 27kSep trend: 40k

Spaces leased by month

Count of spaces withdrawn

051015202530OctNovDecJan '26FebMarAprMayJunJulAugSepSpaces · Oct: 0Spaces · Nov: 0Spaces · Dec: 0Spaces · Jan '26: 0Spaces · Feb: 0Spaces · Mar: 0Spaces · Apr: 0Spaces · May: 0Spaces · Jun: 0Spaces · Jul: 27Spaces · Aug: 0Spaces · Sep: 77

SF absorbed by asset class

Last 90 days

Retail: 65k (56%)Industrial: 48k (41%)Office: 4k (3%)119kSF
  • Retail65k · 56%
  • Industrial48k · 41%
  • Office4k · 3%

Monthly absorption by asset class

Stacked SF, last twelve months

020k40k60k80kOctNovDecJan '26FebMarAprMayJunIndustrial · Jul: 15kRetail · Jul: 64k79kJulAugIndustrial · Sep: 33kOffice · Sep: 4kRetail · Sep: 98538kSep
  • Industrial48k
  • Office4k
  • Retail65k
  • Land0

Deals by size band

Number of spaces, by square footage

17
<2.5k
10
2.5-5k
5
5-10k
2
10-25k
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. 1Retail65k SF21 spaces · $35.00
  2. 2Industrial48k SF9 spaces · $26.33

By size band

  1. 1<2.5k SF17 deals26k SF
  2. 22.5-5k SF10 deals35k SF
  3. 35-10k SF5 deals32k SF

Pace

  1. ·Per month11.5 spaces40k SF
  2. ·Removal dates in window2market sweeps
Available now

What's on the market in Delray Beach today

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

Spaces available

148

listed for lease or sale

SF available

491kSF

490,808 square feet

Average asking

$35.92/SF/yr

69 spaces quote a rate

Largest band

<2.5kSF

most listed size range

SF available by asset class

What's on the market, by volume

Industrial: 218k (47%)Retail: 193k (41%)Office: 55k (12%)Land: 1k (0%)491kSF
  • Industrial218k · 47%
  • Retail193k · 41%
  • Office55k · 12%
  • Land1k · 0%

Average asking by asset class

$/SF/yr across listed spaces

Office$52.00/SF/yr
Retail$38.33/SF/yr
Industrial$32.14/SF/yr

Available spaces by size band

Number of spaces listed, by square footage

82
<2.5k
42
2.5-5k
17
5-10k
5
10-25k
2
25-50k

Absorbed vs available, by asset class

Share of listed SF that cleared in 90 days

Retail33%
Industrial22%
Office6%
Methodology

Where the numbers come from. RE/MAX Industrial Assets maintains its own database of industrial, flex, office and retail space across South Florida and re-checks the market continuously; a space is dated by the check that found it gone, so activity can cluster on sweep dates. A space counts as leased here when it is withdrawn from the market; most are signed leases, some are landlords pulling or re-listing, and we say "leased" rather than "signed" for that reason. Rates are asking rates at the time the space came off the market, not achieved rents. Market velocity is SF absorbed in the window divided by SF listed today; months of supply is SF listed today divided by the window's monthly absorption pace. Figures are aggregates; no individual listing is identified. Not an offer, appraisal or investment advice.

Updated September 14, 2026 · RE/MAX Industrial Assets

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© 2026 RE/MAX Industrial Assets · Market data from the RIA listing database.