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: 48,322,375 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 18,411,204 square feet of office space in Florida is rated Class A. Office space rated Class B amount to 20,147,196 square feet.
Florida Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
12,944,472 Sq. Ft. |
26.79% |
| 100k to 500k Sq. Ft. |
21,358,333 Sq. Ft. |
44.2% |
| 500k to 1M Sq. Ft. |
3,130,810 Sq. Ft. |
6.48% |
| > 1M Sq. Ft. |
1,725,222 Sq. Ft. |
3.57% |
Florida Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
18,411,204 Sq. Ft. |
38.1% |
| Class B |
20,147,196 Sq. Ft. |
41.69% |
| Class C |
2,122,561 Sq. Ft. |
4.39% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Florida: 49,756,642 Sq. Ft.
Florida is home to an industrial real estate market that encompasses 49,756,642 square feet of space across 99 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. |
10,197,405 Sq. Ft. |
20.49% |
| 100k to 500k Sq. Ft. |
22,961,218 Sq. Ft. |
46.15% |
| 500k to 1M Sq. Ft. |
4,072,245 Sq. Ft. |
8.18% |
| > 1M Sq. Ft. |
3,209,545 Sq. Ft. |
6.45% |
Florida Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
12,975,645 Sq. Ft. |
26.08% |
| Class B |
25,960,049 Sq. Ft. |
52.17% |
| Class C |
3,001,141 Sq. Ft. |
6.03% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Florida: 58,201,248 Sq. Ft.
The Florida commercial real estate market includes 185 properties that are dedicated to retail use. The various types of retail space here account for 58,201,248 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. |
11,862,412 Sq. Ft. |
20.38% |
| 100k to 500k Sq. Ft. |
33,025,519 Sq. Ft. |
56.74% |
| 500k to 1M Sq. Ft. |
2,367,705 Sq. Ft. |
4.07% |
| > 1M Sq. Ft. |
2,711,642 Sq. Ft. |
4.66% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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