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Broward County Industrial Market Reports Q2 2026
Broward County Industrial Market Report Q2 2026
Berger Commercial Realty’s quarterly overview of Broward County industrial market conditions, including vacancy, asking rents, absorption, availability, inventory, new deliveries, top sales, top leases and the key trends shaping South Florida’s industrial sector.
Published July 20, 2026 | Commentary by Lloyd C. Berger, SIOR, President | Data provided by CoStar Group
The Broward County industrial market showed signs of stabilization during the second quarter of 2026. Net absorption remained slightly negative, but occupancy losses moderated sharply from the first quarter. Vacancy and availability edged higher as new industrial space was delivered, while asking rents continued to increase.
In Q2 2026, Broward County recorded approximately 118.4 million square feet of industrial inventory. The market posted a 6.7% vacancy rate, average asking rents of $17.44 per square foot, an availability rate of 5.9% and negative net absorption of 11,562 square feet. The quarter also included 265,132 square feet of new deliveries.
Q2 2026 at a Glance
- Net absorption improved to negative 11,562 square feet from negative 543,621 square feet in Q1.
- Vacancy rose 20 basis points to 6.7%.
- Availability increased to 5.9% from 5.7%.
- Average asking rent reached a new high of $17.44 PSF, up $0.18 or 1.0% from Q1.
- Developers delivered 265,132 square feet, up from 83,551 square feet in Q1.
- Total inventory reached 118,410,968 square feet, with 109,169,949 square feet occupied.
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6.7%
Vacancy Rate
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5.9%
Availability Rate
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$17.44
Avg. Asking Rent PSF
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-11,562 SF
Net Absorption
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265,132 SF
New Deliveries
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118.4M SF
Industrial Inventory
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Download the Full Broward County Industrial Market Report
Click below to download the full Q2 2026 Broward County Industrial Market Report, including detailed market data, vacancy and availability trends, asking rents, absorption, new deliveries, top sales, top leases and additional industrial market insights.
Broward County Industrial Market Overview
Broward County’s industrial market is supported by its central South Florida location, access to Port Everglades and Fort Lauderdale-Hollywood International Airport, and connectivity through I-95, I-595, Florida’s Turnpike and the Sawgrass Expressway. Major industrial concentrations include Pompano Beach, Fort Lauderdale, Sunrise, Davie, Hollywood, Weston and Coral Springs.
Tenant demand continues to favor modern, functional facilities offering efficient loading, higher clear heights, adequate power, convenient transportation access and space configurations that support operational efficiency.
Recent deliveries have expanded tenant choice and contributed to a more competitive leasing environment. Even so, asking rents continued to rise, with modern industrial properties remaining better positioned to command premium pricing while older or functionally constrained assets face greater leasing pressure. Owners can review our
landlord representation and
property management services, while occupiers can start with
tenant representation.
What the Q2 2026 Data Shows
Broward County recorded negative net absorption of 11,562 square feet in Q2 2026, a substantial improvement from negative 543,621 square feet in Q1. Although absorption remained slightly negative, the significant reduction in net space givebacks indicates that the sharp occupancy losses recorded at the beginning of the year moderated considerably during the second quarter.
Context matters here. Developers delivered 1.27 million square feet of new product in Q4 2025, so the heavy negative absorption in Q1 2026 was not entirely surprising. The market now appears to be bouncing back from that supply wave.
Vacancy increased to 6.7% from 6.5%, a 20-basis-point rise, while availability rose to 5.9% from 5.7%. The quarter also included 265,132 square feet of new deliveries, up from 83,551 square feet in Q1, adding supply as leasing activity continued to absorb existing inventory at a measured pace.
Asking rents increased to $17.44 per square foot from $17.26 in Q1, a $0.18 or 1.0% quarter-over-quarter gain and a new market high. The increase reflects continued pricing resilience despite rising vacancy, additional availability and slightly negative net absorption.
“Absorption swung more than half a million square feet in the right direction this quarter, and rents still went up. That combination tells you Broward digested the 1.27 million square feet delivered in Q4 far better than the Q1 numbers suggested. When Owens & Minor takes an entire 143,000 square foot building in Sunrise and more than half a billion dollars of portfolio capital trades in Davie and Pompano, that is a market institutions and occupiers both want to be in.”
Lloyd C. Berger, SIOR
President | Berger Commercial Realty
Broward County Industrial Key Indicators
| Quarter | RBA | Vacancy Rate | Market Asking Rent | Availability Rate | Net Absorption SF | Delivered SF | Total Occupied SF |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 118,410,968 | 6.7% | $17.44 | 5.9% | (11,562) | 265,132 | 109,169,949 |
| Q1 2026 | 118,145,836 | 6.5% | $17.26 | 5.7% | (543,621) | 83,551 | 109,233,790 |
| Q4 2025 | 118,062,285 | 6.0% | $17.17 | 5.3% | 255,616 | 1,269,702 | 109,644,750 |
| Q3 2025 | 116,792,583 | 5.2% | $17.01 | 4.7% | (116,840) | 59,912 | 109,470,856 |
Data provided by CoStar Group. Figures for prior quarters reflect current CoStar revisions and may differ from previously published reports.
Broward County Industrial Asking Rent Per SF
Asking rental rates in the Broward County industrial market continued to edge higher in Q2 2026, with average rents increasing to $17.44 per square foot from $17.26 per square foot in Q1. The $0.18 quarter-over-quarter increase reflects continued pricing resilience despite rising vacancy and slightly negative net absorption.
The continued increase in asking rents suggests landlords have largely maintained pricing expectations as the market adjusts to higher availability and recent new supply. With vacancy reaching 6.7% during the quarter, tenants have gained additional space options; however, broader downward pressure on advertised rental rates has yet to materialize.
Rental performance remains increasingly differentiated by asset quality and functionality. Modern industrial properties offering higher clear heights, efficient loading configurations, strong power capabilities and convenient access to major transportation corridors remain best positioned to command premium rents. Older or functionally constrained inventory may face greater leasing pressure as tenants evaluate a wider range of available options.
The delivery of 265,132 square feet of new industrial space in Q2 has also contributed to the market’s evolving rental landscape. Newer inventory entering the market at higher asking rates can raise overall rent averages, even as existing properties compete more aggressively for tenant demand. This dynamic reinforces the growing performance gap between modern logistics facilities and aging industrial assets.
Overall, Q2 2026 rental trends reflect a Broward County industrial market maintaining pricing strength amid changing supply conditions. While rising vacancy and increased availability warrant continued attention, the quarter-over-quarter increase in asking rents indicates that landlords remain disciplined on pricing, with future rental performance likely to depend on leasing velocity, asset quality and the market’s ability to absorb recently delivered space.
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$17.44
Q2 2026 Asking Rent PSF
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+1.0%
Quarter-Over-Quarter Change (+$0.18 PSF)
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+3.0%
Change Q2 2025 – Q2 2026 (+$0.50 PSF)
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Q2 2026
Peak Asking Rent ($17.44)
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Key Trends in the Broward County Industrial Market
Occupancy Losses Moderated Sharply
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Modern Facilities Remain Better Positioned
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Vacancy and Availability Edged Higher
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Asking Rents Remained Resilient
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The 2025 Supply Wave Is Working Through
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Large Requirements Still Transacting
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Top Broward County Industrial Sales, Q2 2026
| Property | Address | Price | Price/SF | Size |
|---|---|---|---|---|
| Davie Business Center Part of a 7-property sale |
3360 Davie Road, Davie, FL 33314 | $352,160,000 | $306.75 | 1,148,039 SF |
| Kurv Pompano Part of a 5-property sale |
1250 NE 48th Street, Pompano Beach, FL 33064 | $219,700,000 | $268.38 | 818,611 SF |
| Link Pompano Business Center Part of a 4-property sale |
2004–2044 NW 25th Ave, Pompano Beach, FL 33069 | $43,620,000 | $275.45 | 158,340 SF |
| Stirling Logistics Center | 2910 Stirling Road, Hollywood, FL 33020 | $38,270,000 | $387.07 | 98,860 SF |
Data provided by CoStar Group. Portfolio transactions reflect total portfolio price and size.
Top Broward County Industrial Leases, Q2 2026
| Property | Address | Building Size | SF Leased |
|---|---|---|---|
| Sunrise Distribution Center Owens & Minor building |
14599 NW 8th St, Sunrise, FL 33325 | 143,000 SF | 143,000 SF |
| Weston Commerce Park | 1951 N Commerce Pky, Weston, FL 33326 | 134,400 SF | 96,000 SF |
| International Center | 800–900 International Pky, Sunrise, FL 33325 | 202,693 SF | 83,833 SF |
Data provided by CoStar Group. Browse current availabilities on our
property search.
What This Means for Owners and Tenants
For Property Owners
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For Tenants
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Broward County Industrial Market Outlook
The Broward County industrial market enters the second half of 2026 in a period of gradual rebalancing. Vacancy and availability continued to edge higher, but the sharp improvement in net absorption suggests that tenant move-outs and space givebacks slowed significantly during the second quarter.
Leasing performance will likely depend on the pace at which recently delivered space is absorbed and on continued demand for functional, well-located industrial facilities. Modern assets should remain better positioned, while older inventory may need to compete more aggressively through improvements, concessions and flexible lease structures.
“Broward has the port, the airport and four major highways, and that has never stopped being the reason companies locate here. Vacancy at 6.7% is still a healthy number by any historical standard, and rents have climbed four quarters running. We like where this market is headed into the back half of the year.”
Lloyd C. Berger, SIOR — President, Berger Commercial Realty
The market is not retreating so much as finding its footing after a surge of new supply. Owners who respond strategically and tenants who evaluate opportunities carefully will be better positioned as conditions evolve.
View all Q2 2026 Broward and Palm Beach County market reports →
Broward County Industrial Market FAQ
What was the Broward County industrial vacancy rate in Q2 2026?
The Broward County industrial vacancy rate was 6.7% in Q2 2026, a 20-basis-point rise from 6.5% in Q1 2026. Vacancy has increased steadily from 5.2% in Q3 2025 as recently delivered space entered the market.
What was the average asking rent for Broward County industrial space in Q2 2026?
The average asking rent was $17.44 per square foot in Q2 2026, up $0.18 or 1.0% from $17.26 per square foot in Q1 2026. That is a new market high and the fourth consecutive quarterly increase.
What was Broward County industrial net absorption in Q2 2026?
Broward County recorded negative net absorption of 11,562 square feet in Q2 2026, a substantial improvement from negative 543,621 square feet in Q1 2026. Absorption remained slightly negative, but occupancy losses moderated by more than 530,000 square feet.
Why was Q1 2026 absorption so negative in Broward County?
Developers delivered 1,269,702 square feet of new industrial product in Q4 2025. A supply wave of that size typically produces a lag before the space is leased, which helps explain the heavy negative absorption recorded in Q1 2026 and the rebound seen in Q2.
How much industrial inventory does Broward County have?
Broward County recorded 118,410,968 square feet of industrial inventory in Q2 2026, or approximately 118.4 million square feet, of which 109,169,949 square feet was occupied.
What was the Broward County industrial availability rate in Q2 2026?
The availability rate was 5.9% in Q2 2026, up from 5.7% in Q1 2026 and 4.7% in Q3 2025, reflecting the additional space brought to market by recent deliveries.
What was the largest Broward County industrial sale in Q2 2026?
Davie Business Center at 3360 Davie Road traded as part of a seven-property portfolio sale totaling $352,160,000, or $306.75 per square foot across 1,148,039 square feet.
Is now a good time to lease industrial space in Broward County?
Tenants have more options than a year ago, with vacancy at 6.7% and availability at 5.9%. Asking rents have continued to rise, however, so leverage is uneven. Tenants should compare total occupancy cost, concessions and building functionality rather than assuming broad rate relief.
What types of industrial properties are better positioned in Broward County?
Properties with higher clear heights, efficient loading configurations, strong power capabilities, convenient access to major transportation corridors and professional management are best positioned to command premium rents. Older or functionally constrained inventory may face greater leasing pressure.
Where can I download the full Broward County Industrial Market Report Q2 2026?
The full report is available as a free PDF download from Berger Commercial Realty. Download the Q2 2026 Broward County Industrial Market Report.
Related Market Reports and Resources
- Broward County Industrial Market Report Q1 2026 — the prior quarter’s vacancy, rent and absorption data.
- Palm Beach County Industrial Market Report Q2 2026 — how the neighboring county performed over the same quarter.
- All Q2 2026 Broward and Palm Beach County market reports — office and industrial across South Florida.
- Commercial real estate brokerage in South Florida
- Commercial property management services
- Search available industrial properties
- Receivership and special asset services
Need Broward County Industrial Market Guidance?
Berger Commercial Realty provides commercial real estate brokerage, property management and receivership services throughout Broward County and South Florida. Whether you are leasing industrial space, evaluating your property’s performance, preparing to sell, repositioning an asset or reviewing your property management strategy, our team can help you make informed real estate decisions.
Fort Lauderdale office: 550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301 |
954.358.0900
Data provided by CoStar Group. Prior-quarter figures reflect current CoStar revisions.