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Market Report

Fort Lauderdale Industrial Market Report

2Q 2026

Strong Consumer Spending Supports Record
Small-Bay Leasing Despite Ongoing Headwinds

Demand for smaller warehouses helps offset large-block caution. Vacancy rose over 100 basis points in most submarkets in the year ended March amid heightened new supply, broad tenant move-outs, and weaker big-box leasing, with the greatest pressure in West Sunrise and Pompano Beach. Nevertheless, leasing at properties under 50,000 square feet increased about 30 percent in 2025 to a record of roughly 2.8 million square feet, underscoring growing small-bay demand. Fort Lauderdale’s 6.7 percent annual retail sales growth, the strongest among major markets in 2025, supported warehouse demand near dense population centers such as Central and Southeast.
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