2020 Office Space Rent & Sales
- $23.69 2020 Avg. Asking Rent
- -6.11 % Y-o-Y Avg. Asking Rent Change
- 18.68 % 2020 Office Vacancy Rate
Jupiter office price per square foot in 2020 was $23.69 on average. This marked a -6.11 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.68 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Jupiter Class A Office Space$33.30
- Jupiter Class B Office Space$21.37
- Florida Class A Office Space$37.78
- Florida Class B Office Space$23.96
- Florida Class C Office Space$18.38
Jupiter, FL Office Asking Rents by Class
2020 Office Construction in Jupiter, FL
|1094 Military Trail||1094 Military Trail, 33458||31,030||2016|
|Jupiter Medical Center - 2111 Military Trail||2111 Military Trail, 33458||27,492||2015|
|Max Planck Florida Institute for Neuroscience||1 Max Planck Way, 33458||100,000||2012|
|1395 University Blvd||1395 University Blvd, 33458||62,984||2010|
|Scripps Research Institute - Florida Campus||120 Scripps Way, 33458||345,000||2008|
|Admirals Cove Professional Center||3535 Military Trail, 33458||33,023||2007|
|The Commons at Abacoa I||4600 Military Trail, 33458||106,880||2006|
|Greenway Professional Center||4495 Military Trail, 33458||90,000||2006|
|Jupiter Business Center||601 Heritage Drive, 33458||46,707||2006|
|University Commons - 500 & 600 University Blvd||500 University Blvd, 33458||81,990||2005|
Worth noting among recent office completions on the Jupiter market is Greenway Professional Center, which is currently the largest new office development in the city, at 90,000 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Jupiter 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.