Aventura Office Market Trends

Office Rental Market

  • $50.02 2019 Avg. Asking Rent
  • 14.69 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 25,000 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Aventura was $50.02 per square foot, and the office vacancy rate across the market averaged 14.69 %. During 2019, developers added 0 square feet of new office space to the Aventura market inventory. Office developments estimated for delivery during 2020 total 25,000 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Aventura Class A Office Buildings$50.02
  • FL Class A Office Buildings$37.07
  • FL Class B Office Buildings$23.53
  • FL Class C Office Buildings$18.02

Aventura, FL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Aventura, FL

  • Aventura, FL Total Sqft completed in 2019 0
  • Aventura, FL Total Sqft under construction in 2020 25,000
10 Largest Office Buildings in Aventura
Building name Address Total Sqft Year built
Aventura Corporate Center 20807 Biscayne Blvd, 33180 251,773 1988
One Aventura Executive Center 20900 NE 30th Avenue, 33180 210,000 2007
One Turnberry Place 19495 Biscayne Blvd, 33180 136,411 1989
The Red Tower & The White Tower 21500 Biscayne Blvd, 33180 114,000 2013
Aventura Optima Plaza 21500 Biscayne Blvd, 33180 114,000 2013
ParkSquare Signature 2920 NE Aventura Street, 33180 110,000 2018
Aventura Medical Tower 2801 NE 213th Street, 33180 110,000 2018
Aventura View The Offices 2999 NE 191st Street, 33180 107,304 1988
Turnberry Plaza 2875 NE 191st Street, 33180 104,436 1985
Aventura Heart & Health 21097 NE 27th Court, 33180 100,615 2006
Largest Office Properties Recently Completed in Aventura
Office building Address Sqft Completed
ParkSquare Signature 2920 NE Aventura Street, 33180 110,000 2018
Aventura Medical Tower 2801 NE 213th Street, 33180 110,000 2018
The Red Tower & The White Tower 21500 Biscayne Blvd, 33180 114,000 2013
One Aventura Executive Center 20900 NE 30th Avenue, 33180 210,000 2007
Aventura Heart & Health 21097 NE 27th Court, 33180 100,615 2006
Country Club Center 19950 West Country Club Drive, 33180 52,760 2004
Aventura Bayview 17501 Biscayne Blvd, 33160 30,949 2004
2750 NE 185th Street 2750 NE 185th Street, 33180 29,252 2004
Integrated Medical Plaza of Aventura 20601 East Dixie Hwy, 33180 75,883 2002
Aventura Comprehensive Cancer Center 20950 NE 27th Court, 33180 34,168 1999
Data provided by Commercial Edge

Office Spaces for Rent in Florida

See trends for nearby markets

The Aventura office market contains an inventory of 1,965,481 square feet of office space, in 32 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Aventura commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.