Leasing activity and current availability in West Palm Beach — square footage absorbed, asking rates, and how fast the market is clearing, from the spaces we track every day.
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
49
SF absorbed
232kSF
Average asking
$32.55/SF/yr
Typical deal
2,000SF
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
7%
7% of the square footage listed today was absorbed in the last 90 days — the prior period cleared 6%.
Months of supply
41
At the current pace, today's inventory would take about 41 months to clear. Under 12 favours landlords; over 24 favours tenants.
Asking-rate spread
104%
Spaces that left the market were asking 104% of today's average listed rate ($31.22). Under 100% means the cheaper space is moving first.
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
Spaces leased by month
Count of spaces withdrawn
SF absorbed by asset class
Last 90 days
Monthly absorption by asset class
Stacked SF, last twelve months
Deals by size band
Number of spaces, by square footage
The submarkets, asset classes and size ranges that cleared the most space in the last 90 days.
Current availability across the spaces we track, and what it is asking.
Spaces available
361
SF available
3.2MSF
Average asking
$31.22/SF/yr
Largest band
<2.5kSF
SF available by asset class
What's on the market, by volume
Average asking by asset class
$/SF/yr across listed spaces
Available spaces by size band
Number of spaces listed, by square footage
Absorbed vs available, by asset class
Share of listed SF that cleared in 90 days
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 A space counts as leased here when it is withdrawn from the market; most are signed leases, some are landlords pulling or re-listing, and we say "leased" rather than "signed" for that reason.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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