At 2.2%, the Delray Beach area has the lowest vacancy. But that submarket only has 2.79 million sf inventory with a $12 per sf rent for manufacturing; $6.58 per sf for warehouse/distribution; and $6.75 per sf for office/showroom.
In contrast, Boyton Beach has a 20% vacancy rate and a $6.75 per sf rent for manufacturing; and $6.41 per sf for warehouse/distribution.
West Palm Beach's 14 million sf is the largest amount of space in the county and manages a low 4.7% vacancy at $5.94 per sf for manufacturing; $6.53 for warehouse/distribution; and $9.85 for office/showroom.
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