Davie Office Market Trends

Office Rental Market

  • $23.97 2019 Avg. Asking Rent
  • 5.12 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Davie was $23.97 per square foot, and the office vacancy rate across the market averaged 5.12 %. During 2019, developers added 0 square feet of new office space to the Davie market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Davie Class B Office Buildings$23.97
  • FL Class A Office Buildings$37.07
  • FL Class B Office Buildings$23.53
  • FL Class C Office Buildings$18.02

Davie, FL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Davie, FL

  • Davie, FL Total Sqft completed in 2019 0
  • Davie, FL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Davie
Building name Address Total Sqft Year built
All Florida Commerce Center 5011 South State Road 7, 33314 127,445 2003
Crexent Business Center - Flamingo Commons 12505 Orange Drive, 33330 116,000 2002
5701 Stirling Road 5701 Stirling Road, 33314 101,000 1999
Atrium Centre 4801 South University Drive, 33328 96,000 1984
Rolling Hills Office Center 3501 South University Drive, 33328 82,383 1987
University Office Park 5400 South University Drive, 33328 53,040 1989
Broward Corporate Center 4491 South State Road 7, 33314 41,709 1989
Diamond III Office Park 10230 West State Road 84, 33324 39,298 2008
6191 Orange Drive 6191 Orange Drive, 33314 36,361 1973
Kelley Kronenberg Headquarters 10360 West State Road 84, 33324 35,000 2019
Largest Office Properties Recently Completed in Davie
Office building Address Sqft Completed
Kelley Kronenberg Headquarters 10360 West State Road 84, 33324 35,000 2019
Diamond III Office Park 10230 West State Road 84, 33324 39,298 2008
5700 Griffin Road 5700 Griffin Road, 33314 30,000 2008
All Florida Commerce Center 5011 South State Road 7, 33314 127,445 2003
Crexent Business Center - Flamingo Commons 12505 Orange Drive, 33330 116,000 2002
5701 Stirling Road 5701 Stirling Road, 33314 101,000 1999
8210 West State Road 84 8210 West State Road 84, 33324 26,032 1991
University Office Park 5400 South University Drive, 33328 53,040 1989
Broward Corporate Center 4491 South State Road 7, 33314 41,709 1989
Rolling Hills Office Center 3501 South University Drive, 33328 82,383 1987
Data provided by Commercial Edge

Office Spaces for Rent in Florida

See trends for nearby markets

The Davie office market contains an inventory of 616,131 square feet of office space, in 28 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 Davie 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.