SFL Pulse360 | Page 41
6. MARKET STATISTICS
Suburban
//
BROWARD
Fort Lauderdale Office Statistics - Q4 2014 • 3
SUBURBAN
YTD
completion (sf)
Inventory (sf)
Direct net
absorption (sf)
YTD
direct net
absorption (sf)
Total net
absorption
(sf)
YTD total net
absorption
(sf)
YTD total net
absorption
(% of stock)
Direct
vacancy (sf)
Direct
vacancy (%)
Total vacancy
(sf)
Total vacancy
(%)
Under
Average asking construction /
rent ($ psf) renovation (sf)
Cypress Creek
Class A
0
3,018,693
-26,537
36,719
-29,931
33,325
1.1%
507,705
16.8%
517,581
17.1%
$27.28
0
Class B
0
2,198,108
-8,220
-89,952
-8,220
-86,165
-3.9%
598,499
27.2%
604,715
27.5%
$20.79
0
Totals
0
5,216,801
-34,757
-53,233
-38,151
-52,840
-1.0%
1,106,204
21.2%
1,122,296
21.5%
$23.68
0
Class A
0
1,525,629
5,276
91,077
5,276
117,407
7.7%
116,591
7.6%
179,780
11.8%
$32.66
0
Class B
0
933,906
-13,538
-75,866
-15,664
-74,149
-7.9%
238,214
25.5%
240,340
25.7%
$23.79
0
Totals
0
2,459,535
-8,262
15,211
-10,388
43,258
1.8%
354,805
14.4%
420,120
17.1%
$27.55
0
Class A
0
1,573,269
35,182
93,224
35,182
95,299
6.1%
170,307
10.8%
170,307
10.8%
$28.64
0
Class B
0
1,053,587
7,086
52,767
7,086
77,767
7.4%
105,602
10.0%
105,602
10.0%
$25.21
0
Totals
0
2,626,856
42,268
145,991
42,268
173,066
6.6%
275,909
10.5%
275,909
10.5%
$26.96
0
0
2,303,552
17,091
24,821
24,632
35,972
1.6%
231,359
10.0%
232,708
10.1%
$29.60
40,000
Plantation
Sawgrass Park
Southwest Broward
Class A
Class B
0
1,192,967
-7,749
-7,184
-7,749
-7,432
-0.6%
83,573
7.0% ((