Palm Beach Industrial Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from , Newmark, CBRE, Cushman & Wakefield, Colliers
Quarterly industrial market indicators for Palm Beach, aggregated by CREhunt from , Newmark, CBRE, Cushman & Wakefield, Colliers. As of Q1 2026, average asking rent was $13.39/SF with a 8.1% vacancy rate.
Projected current industrial pricing — Palm Beach
Projected asking rent
$13.39/SF/yr
Estimated sale value
$132–$162/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.7%, asking rent held flat). Assumes ~92% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $13.39/SF | 8.1% | — | — | |
| Q1 2026 | $13.39/SF | 8.4% | 0K SF | — | Newmark |
| Q1 2026 | $13.87/SF | 1.8% | 31K SF | — | CBRE |
| Q1 2026 | $13.38/SF | 7.7% | — | — | Cushman & Wakefield |
| Q1 2026 | $19.80/SF | 5.4% | 587K SF | — | Colliers |
| Q2 2025 | — | 6.4% | 727K SF | 0K SF | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Palm Beach?
- As of Q1 2026, the average asking rent for industrial space in Palm Beach was $13.39/SF.
- What is the industrial vacancy rate in Palm Beach?
- The industrial vacancy rate in Palm Beach was 8.1% as of Q1 2026.
- Where does CREhunt's Palm Beach market data come from?
- This report aggregates quarterly industrial market data for Palm Beach from Newmark, CBRE, Cushman & Wakefield, Colliers.
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