In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Florida: 59,870,817 Sq. Ft.
In Florida, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 21,918,154 square feet of office space in Florida is rated Class A. Office space rated Class B amount to 23,038,526 square feet.
Florida Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
17,555,972 Sq. Ft. |
29.32% |
| 100k to 500k Sq. Ft. |
26,712,376 Sq. Ft. |
44.62% |
| 500k to 1M Sq. Ft. |
3,026,498 Sq. Ft. |
5.06% |
| > 1M Sq. Ft. |
1,350,000 Sq. Ft. |
2.25% |
Florida Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A+ |
369,517 Sq. Ft. |
0.62% |
| Class A |
21,918,154 Sq. Ft. |
36.61% |
| Class B |
23,038,526 Sq. Ft. |
38.48% |
| Class C |
5,858,962 Sq. Ft. |
9.79% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Florida: 97,528,027 Sq. Ft.
Florida is home to an industrial real estate market that encompasses 97,528,027 square feet of space across 188 industrial properties of various use types, sizes, and quality ratings.
Florida Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
23,726,089 Sq. Ft. |
24.33% |
| 100k to 500k Sq. Ft. |
52,933,698 Sq. Ft. |
54.28% |
| 500k to 1M Sq. Ft. |
3,274,534 Sq. Ft. |
3.36% |
| > 1M Sq. Ft. |
1,169,580 Sq. Ft. |
1.2% |
Florida Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
35,701,213 Sq. Ft. |
36.61% |
| Class B |
54,415,997 Sq. Ft. |
55.8% |
| Class C |
4,983,899 Sq. Ft. |
5.11% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Florida: 72,592,392 Sq. Ft.
The Florida commercial real estate market includes 312 properties that are dedicated to retail use. The various types of retail space here account for 72,592,392 square feet of commercial property in Florida.
Florida Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
16,546,941 Sq. Ft. |
22.79% |
| 100k to 500k Sq. Ft. |
38,076,888 Sq. Ft. |
52.45% |
| 500k to 1M Sq. Ft. |
3,397,091 Sq. Ft. |
4.68% |
| > 1M Sq. Ft. |
3,573,898 Sq. Ft. |
4.92% |
Florida Retail Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Retail |
| Class B |
39,952 Sq. Ft. |
0.06% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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