As population growth in Fort Lauderdale continues to stay steady, a 6.1% rise in employment is keeping vacancy tight. 

A resurgence of office users in the metro's Class A segment has pushed for rent growth and demand for amenity-rich buildings. That's according to a Q2 Fort Lauderdale Multifamily Market Report by Marcus & Millichap.

The growth has led to investments, in Fort Lauderdale which is seeing an 87% uptick compared to 2021, with an increase in both luxury and Class B/C closings.

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Melea VanOstrand

Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at mvanostrand@alm.com or follow her on her Twitter or Facebook pages.