Palm Beach Retail MarketBeat Q1 2026
Palm Beach County's retail market vacancy rate decreased 10 basis points year-over-year to 3.8% in Q1 2026, while average asking rent jumped 6.2% to a record $38.54 per square foot, driven by strong net occupancies and influx of top-of-market priced supply. Retail investment sales surged to $477.2 million in quarterly volume—the largest since Q2 2022—with cap rates averaging 6.1%, below the national average of 7.3%, reflecting strong investor demand fueled by wealth influx and limited available space.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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