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: 102,083,721 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 39,949,409 square feet of office space in Florida is rated Class A. Office space rated Class B amount to 30,744,675 square feet.
Florida Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
19,549,509 Sq. Ft. |
19.15% |
| 100k to 500k Sq. Ft. |
49,739,060 Sq. Ft. |
48.72% |
| 500k to 1M Sq. Ft. |
14,705,951 Sq. Ft. |
14.41% |
| > 1M Sq. Ft. |
6,845,512 Sq. Ft. |
6.71% |
Florida Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A+ |
8,215,555 Sq. Ft. |
8.05% |
| Class A |
39,949,409 Sq. Ft. |
39.13% |
| Class B |
30,744,675 Sq. Ft. |
30.12% |
| Class C |
4,798,686 Sq. Ft. |
4.7% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Florida: 203,427,351 Sq. Ft.
Florida is home to an industrial real estate market that encompasses 203,427,351 square feet of space across 247 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. |
32,185,245 Sq. Ft. |
15.82% |
| 100k to 500k Sq. Ft. |
101,688,633 Sq. Ft. |
49.99% |
| 500k to 1M Sq. Ft. |
20,273,384 Sq. Ft. |
9.97% |
| > 1M Sq. Ft. |
18,868,185 Sq. Ft. |
9.28% |
Florida Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
54,588,580 Sq. Ft. |
26.83% |
| Class B |
104,477,398 Sq. Ft. |
51.36% |
| Class C |
21,747,072 Sq. Ft. |
10.69% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Florida: 95,394,387 Sq. Ft.
The Florida commercial real estate market includes 333 properties that are dedicated to retail use. The various types of retail space here account for 95,394,387 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. |
19,407,020 Sq. Ft. |
20.34% |
| 100k to 500k Sq. Ft. |
42,195,256 Sq. Ft. |
44.23% |
| 500k to 1M Sq. Ft. |
7,101,554 Sq. Ft. |
7.44% |
| > 1M Sq. Ft. |
12,402,761 Sq. Ft. |
13% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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