2024 Office Space Rent & Sales
- $40.24 2024 Avg. Asking Rent
- 16.24% 2024 Office Vacancy Rate
Palm Beach Gardens office price per square foot in 2024 was $40.24 on average. The local office market recorded an average vacancy rate of 16.24% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Palm Beach Gardens Class A & A+ Office Space$60.08
- Palm Beach Gardens Class B Office Space$33.79
- Florida Class A & A+ Office Space$40.20
- Florida Class B Office Space$27.71
- Florida Class C Office Space$22.62
Palm Beach Gardens, FL Office Asking Rents by Class
2024 Office Vacancy Rates in Palm Beach Gardens
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| North Palm Beach | $54.17 | 15.68% |
| Palm Beach Gardens | $39.26 | 17.13% |
Office Spaces for Rent in Florida
- Tampa Office Space
- Orlando Office Space
- St. Petersburg Office Space
- Gainesville Office Space
- Lakeland Office Space
- Town 'n' Country Office Space
- Clearwater Office Space
- Clermont Office Space
- Greater Carrollwood Office Space
- Temple Terrace Office Space
- Palm Harbor Office Space
- Spring Hill Office Space
Coworking Spaces in Florida
- Houston Coworking Space
- Atlanta Coworking Space
- Dallas Coworking Space
- Miami Coworking Space
- Austin Coworking Space
- Nashville Coworking Space
- Charlotte Coworking Space
- Jacksonville Coworking Space
- Tampa Coworking Space
- Raleigh Coworking Space
- Orlando Coworking Space
- Birmingham Coworking Space
- Boca Raton Coworking Space
- Fort Lauderdale Coworking Space
- Durham Coworking Space
- New Orleans Coworking Space
- West Palm Beach Coworking Space
- Memphis Coworking Space
- Alpharetta Coworking Space
- Miami Beach Coworking Space
- Chattanooga Coworking Space
2024 Office Construction in Palm Beach Gardens, FL
| Office building | Address | SF | Completed |
|---|---|---|---|
| DiVosta Towers - North Tower | 3835 PGA Blvd, 33410 | 111,971 | 2020 |
| DiVosta Towers | 3835 PGA Blvd, 33410 | 108,790 | 2020 |
| DiVosta Towers | 3825 PGA Blvd, 33410 | 111,972 | 2019 |
| 11400 North Jog Road | 11400 North Jog Road, 33418 | 44,000 | 2018 |
| PGA Professional Building | 4290 Professional Center Drive, 33410 | 30,681 | 2007 |
| Woodbine Commons | 7721 North Military Trail, 33418 | 12,505 | 2004 |
| 4750 East Park Drive | 4750 East Park Drive, 33410 | 49,666 | 2003 |
| 2925 PGA Blvd | 2925 PGA Blvd, 33410 | 25,996 | 2003 |
| Ricci - Leopold | 2925 PGA Blvd, 33410 | 24,753 | 2003 |
| 4550 PGA Blvd. Suite 215 | 4550 PGA Blvd., 33418 | 888 | 2003 |
Worth noting among recent office completions on the Palm Beach Gardens market is DiVosta Towers - North Tower, which is currently the largest new office development in the city, at 111,971 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Palm Beach Gardens commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.