Broward County’s industrial asking rate stabilized in Q1 2020 at $8.44 PSF
•Development pipeline is robust with 2.9 million sq. ft. under construction and 3.9 million sq. ft. of planned projects
•Capital markets activity volume hit $194 million, for an average price of $110 per sq. ft., this is down 16% from this time last year.
•Vacancy increased to 6.6%, up from 4.4% in Q1 2019