SFL Pulse360 | Page 43

6. MARKET STATISTICS

Suburban
//
WEST

West Palm Beach Office Statistics - Q4 2014 • 3

PALM BEACH SUBURBAN
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
(%)

Average asking
rent ($ psf)

Under
construction /
renovation (sf)

0

2,506,534

89,164

139,767

83,715

134,318

5.4%

287,392

11.5%

292,841

11.7%

$27.94

0

0

2,851,412

51,805

134,466

51,805

134,466

4.7%

886,646

31.1%

886,646

31.1%

$23.74

0

0

5,357,946

140,969

274,233

135,520

268,784

5.0%

1,174,038

21.9%

1,179,487

22.0%

$25.06

0

Class A

0

1,698,197

40,257

90,274

24,432

73,409

4.3%

294,698

17.4%

314,023

18.5%

$31.68

0

Class B

0

709,359

2,712

15,048

-837

11,499

1.6%

61,129

8.6%

64,678

9.1%

$23.69

0

Totals

0

2,407,556

42,969

105,322

23,595

84,908 ((̸Ԕ((