Market Outlook

Broward Commercial Real Estate Outlook 2026

By Justin Crow · Mattis AdvisorsAugust 20267 min readBroward
Broward Commercial Real Estate Outlook 2026

Broward is the county people underrate, and I think that is a mistake. Yes, it posted the softest sales volume of the three this year — about $920 million in Q1 2026, down ~17% — but sit with that number for a second: almost all of that softness is the cost of borrowing, not a lack of demand. Underneath it, vacancy is low and pricing is firm. Broward’s real role in 2026 is the one it always plays when its neighbors get expensive: the release valve. When Miami-Dade and Palm Beach price people out, the businesses and the residents step here. That is the lens for everything below.

Office: where the value actually is

Broward office vacancy runs around 14.7%. That is higher than Miami-Dade (12.5%) or Palm Beach (11.7%), and I would frame that as a feature, not a flaw — it means there is still quality space to be had at a real discount to Brickell or West Palm. It is exactly why Fort Lauderdale, Plantation, and Sunrise keep pulling cost-conscious relocations. If you are a tenant who just got a renewal quote in Miami that made your eyes water, Broward is your move. If you own office here, the slowly improving regional picture is working for you.

Industrial: the part that never really wobbled

Warehouse is the county’s most liquid, most reliable asset class, and the infill product near the ports and the airport barely loosened. The cooling construction pipeline across South Florida only helps whoever already owns. In the sale record, Broward warehouse and distribution runs around a $289/SF median, with Fort Lauderdale specifically near $415/SF. Demand from logistics, trades, and last-mile users came off its 2021–22 peak but stayed durable — I walk through the detail in Broward warehouse & industrial prices 2026.

Retail: scarce, and climbing

Same tri-county story — not enough space, so landlords keep the leverage. Our sale data puts Broward retail around a $366/SF median, under the Miami-Dade storefront premium but rising, especially in the walkable coastal corridors. If you lease, treat a renewal as a start-early, get-represented exercise. There is very little slack to negotiate against.

My honest take for 2026

Owners, the thin transaction market is not a reason to discount — it is a reason to price precisely and run a real process instead of taking the first knock at the door. Tenants, this is your leverage county; you simply have more options in Broward than next door, so make them compete. Buyers, patient capital gets rewarded here right now, because the crowd has not come back yet. We track 25,443 Broward commercial parcels, and they tell a steady story: fewer trades, firm prices, low vacancy.

Want your specific read? A free Broker Opinion of Value, the Broward industrial market page, or the price benchmark are the fastest starts.

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Justin Crow
Justin Crow
Commercial Real Estate Broker & Developer · Mattis Advisors · Boca Raton, FL

Justin represents owners, buyers, and tenants across Broward, Miami-Dade, and Palm Beach — on your side of the deal, not the landlord’s. (561) 571-8245 · justin@mattisadvisors.com

Frequently asked

How is the Broward commercial market doing in 2026?

Stable fundamentals with soft transaction volume. Q1 2026 sales were about $920 million, down ~17% year over year — a financing-cost effect more than a demand problem. Vacancy is low and pricing is firm underneath.

Is Broward cheaper than Miami-Dade for office space?

Generally yes. Broward office vacancy is around 14.7%, higher than Miami-Dade’s 12.5%, which means more availability and better relative pricing — making Fort Lauderdale, Plantation, and Sunrise a value move for tenants priced out of Brickell.

What does warehouse space sell for in Broward?

In recorded sales, Broward warehouse and distribution product has run around a $289/SF median, with Fort Lauderdale closer to $415/SF. Infill industrial near the ports and airport stays especially tight.