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: 27,343,712 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 9,212,417 square feet of office space in Florida is rated Class A. Office space rated Class B amount to 10,310,476 square feet.
Florida Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
5,559,238 Sq. Ft. |
20.33% |
| 100k to 500k Sq. Ft. |
12,880,999 Sq. Ft. |
47.11% |
| 500k to 1M Sq. Ft. |
2,423,411 Sq. Ft. |
8.86% |
| > 1M Sq. Ft. |
1,600,000 Sq. Ft. |
5.85% |
Florida Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
9,212,417 Sq. Ft. |
33.69% |
| Class B |
10,310,476 Sq. Ft. |
37.71% |
| Class C |
3,686,559 Sq. Ft. |
13.48% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Florida: 45,074,051 Sq. Ft.
Florida is home to an industrial real estate market that encompasses 45,074,051 square feet of space across 79 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. |
10,793,862 Sq. Ft. |
23.95% |
| 100k to 500k Sq. Ft. |
20,941,715 Sq. Ft. |
46.46% |
| 500k to 1M Sq. Ft. |
2,030,725 Sq. Ft. |
4.51% |
Florida Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
11,337,330 Sq. Ft. |
25.15% |
| Class B |
28,791,227 Sq. Ft. |
63.88% |
| Class C |
4,174,302 Sq. Ft. |
9.26% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Florida: 32,960,974 Sq. Ft.
The Florida commercial real estate market includes 214 properties that are dedicated to retail use. The various types of retail space here account for 32,960,974 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. |
8,868,523 Sq. Ft. |
26.91% |
| 100k to 500k Sq. Ft. |
15,353,159 Sq. Ft. |
46.58% |
| 500k to 1M Sq. Ft. |
2,727,836 Sq. Ft. |
8.28% |
Florida Retail Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Retail |
| Class C |
29,969 Sq. Ft. |
0.09% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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