Market Report Southwest Florida Retail

SOUTHWEST FLORIDA RETAIL MARKET REPORT

Colliers Retail Market Report

Lack of Available Space Causes Southwest Florida Tenants to Slow Expansions

Q4 2016

The Southwest Florida retail market remained strong through the second half of 2016. Throughout the year, the restaurant industry drove the market with several new restaurants entering or expanding throughout the metro area. A landlord’s market has taken hold with minimal vacancy throughout Southwest Florida, especially among Class A properties.

Leasing activity continued to rise in all submarkets. The Southwest Florida economy remains robust, boasting both job growth and abundant new and existing home sales, alongside a thriving tourism industry. However, the retail market has seen a slowdown of activity in Class B and C space, primarily because these properties are either fully leased or obsolete for tenant occupancy.

Download your complimentary copy and learn more about:

  • Regional Market Transactions & Highlights
  • Vacancy & Absorption Rates
  • Notable Leasing Activity
  • User & Investment Sales
  • Submarket & County Breakdowns
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