In 2023 the Leon County, FL commercial real estate market totaled 5,399,734 square feet of office spaces, 7,575,304 square feet of office spaces with retail, and 5,307,262 square feet of industrial space.
Office Spaces
Total: 5,399,734 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
2,454,946 SqFt |
45.46% of total office |
| 100k to 500k SqFt |
2,400,353 SqFt |
44.45% of total office |
| 500k to 1M SqFt |
544,435 SqFt |
10.08% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
1,615,804 SqFt |
29.92% of total office |
| Class B |
3,510,371 SqFt |
65.01% of total office |
| Class C |
64,545 SqFt |
1.2% of total office |
Roughly 10.08% of the total office space in Leon County, FL is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 45.46% of the office inventory.
Class A office space holds a 29.92% share of the overall Leon County, FL office market, while Class B office assets make up approximately 65.01%.
Industrial
Total: 5,307,262 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,309,730 SqFt |
24.68% of total industrial |
| 100k to 500k SqFt |
1,097,532 SqFt |
20.68% of total industrial |
| > 1M SqFt |
2,900,000 SqFt |
54.64% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
3,523,088 SqFt |
66.38% of total industrial |
| Class B |
1,653,337 SqFt |
31.15% of total industrial |
| Class C |
130,837 SqFt |
2.47% of total industrial |
There are 1,097,532 square feet of commercial real estate properties between 100k to 500k square feet, representing 20.68% of the Leon County, FL industrial inventory. Class A assets total 3,523,088 square feet of industrial space, with an additional 1,653,337 square feet of Class B and 130,837 square feet of Class C properties.
Office Spaces with Retail
Total: 7,575,304 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
2,075,765 SqFt |
27.4% of total office with retail |
| 100k to 500k SqFt |
4,467,197 SqFt |
58.97% of total office with retail |
| > 1M SqFt |
1,032,342 SqFt |
13.63% of total office with retail |
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