FORT LAUDERDALE, FL-Pompano Beach is seeing plenty of leasing action lately, but it may only be good news on the surface. Scratch a little deeper and you discover that companies are downsizing, moving out of market, or selling their buildings at below replacement costs.

Brenner Real Estate Group has inked four leases totaling 19,000 square feet in the last 90 days in Pompano Beach. But Jeffrey Scott, a senior vice president at the firm, isn’t all smiles.

“There are so many buildings available for sale, more every single week,” Scott tells GlobeSt.com. “Big buildings. Companies are downsizing and relocating from older facilities to nicer buildings that they can get at rates less than what they were paying in their old buildings. There are just not that much really nice 6,000- or 7,000-square-foot dock-level top of the line space in Pompano Beach.”