Q4 2018 Broward Industrial Market Report

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In the fourth quarter of 2018, Broward County’s industrial market began to pick up as a large amount of space delivered. In 2018, a total of 1.7 million square feet of industrial and flex space was delivered to the County. Broward County currently has a total of 2.4 million square feet of industrial and flex space under construction, the largest amount of space under construction in the county since 2001. Broward saw a negative 16,652 square feet of space absorbed as leasing activity saw a small decline in the fourth quarter of 2018. Overall, Broward County has 1.2 million square feet absorbed in 2018, showing the resilience of South Florida’s industrial market.

Broward Industrial4Q 2018

Q4 2018 Broward Industrial Market Report

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