2019-07-10_DTZ戴德梁行_Office_Q4_2018_Fort_Myers_Naples_3页_476kb

报告摘要

Fort Myers / Naples Office Market Q4 2018 Summary

Core Content Overview

The document provides a comprehensive analysis of the office market in the Fort Myers / Naples region for the fourth quarter of 2018, including economic indicators, market performance, construction activity, and key lease and sales transactions. It is presented by Cushman & Wakefield, a leading real estate services firm, offering insights into the current and projected state of the market.

Main Economic Indicators

Southwest Florida Unemployment Rate: 3.1% in Q4 2018, down by 80 basis points (bps) from Q4 2017.
- Lee County: 2.9% (largest office market in the region)
- Collier County: 3.0%
- Charlotte County: 3.5%
Southwest Florida Employment: Increased to 274,000, up 2.3% year-over-year.
U.S. Unemployment Rate: 3.7% in Q4 2018, down by 40 bps from Q4 2017.

Market Performance

Vacancy Rate: Increased from 5.8% to 6.0% quarter-over-quarter.
- Class A Vacancy Rate: Decreased by 100 bps to 11.2%.
- Overall Vacancy Rate: 6.0% (based on Q4 2018 data).
YTD Net Absorption (sf): -106,142, indicating a net loss of space absorbed.
Under Construction (sf): 656,800, up significantly from Q4 2017.
Average Asking Rent (all classes): $15.02 (down from $15.63 in Q4 2017).
- Class A Asking Rent: $18.03, showing a decline.

Market Overview by Submarket

Submarket	Inventory (SF)	Sublet Vacant (SF)	Direct Vacant (SF)	Overall Vacancy Rate	Q4 Net Absorption (SF)	YTD Net Absorption (SF)	Under Construction (SF)	Overall Asking Rent	Class A Asking Rent
Bonita Springs	1,266,027	758	91,425	7.3%	23,039	37,890	0	$13.41	$13.87
Cape Coral	1,803,319	0	51,641	2.9%	795	29,878	5,800	$11.63	$16.50
City of Fort Myers	3,979,391	3,539	403,447	10.2%	-5,127	-185,433	0	$12.03	$14.91
Estero	649,192	0	4,970	0.8%	1,110	1,078	0	$16.94	N/A
Lehigh Acres	221,442	0	13,080	5.9%	305	189	0	$9.54	N/A
North Fort Myers	229,792	0	0	N/A	0	3,040	0	$13.33	N/A
S. Fort Myers/San Carlos	5,527,767	17,225	261,195	5.0%	1,615	34,929	337,700	$14.31	$16.88
The Islands	167,601	0	0	N/A	0	0	0	N/A	N/A
LEE COUNTY SUBTOTAL	13,844,531	21,522	825,758	6.1%	21,737	-78,429	343,500	$13.04	$15.27
East Naples	1,107,386	0	27,096	2.4%	8,654	12,339	0	$14.17	N/A
Golden Gate	87,060	0	0	N/A	0	3,000	0	$18.18	N/A
Lely	38,785	3,720	1,200	12.7%	-1,200	50	0	N/A	N/A
Marco Island	199,061	0	14,838	7.5%	0	-4,651	0	$17.84	N/A
Naples	866,383	0	23,984	2.8%	-3,623	-7,080	0	$21.20	N/A
North Naples	3,694,626	20,642	247,352	7.3%	7,169	-37,371	313,300	$22.80	$22.68
Outlying Collier County	307,613	0	25,636	8.3%	1,700	6,000	0	$14.00	N/A
COLLIER COUNTY SUBTOTAL	6,300,914	24,632	340,106	5.8%	12,700	-27,713	313,300	$21.19	$22.68
Charlotte County Subtotal	2,512,417	0	102,471	4.1%	-3,509	15,197	0	$13.63	$17.22
TOTALS	20,145,445	45,884	1,165,864	6.0%	34,437	-106,142	656,800	$15.02	$18.03

Key Lease Transactions

24311 Walden Center Dr., Bonita Springs: 27,056 sq ft leased by Pulte Home Company, LLC (New Lease).
24301 Walden Center Dr., Bonita Springs: 15,704 sq ft leased by Two39 Group, LLC (New Lease).
2075 W. 1st Street, Fort Myers: 5,725 sq ft leased by General Services Administration (New Lease).

Key Sales Transactions

9681 Gladiolus Dr., Fort Myers: 20,623 sq ft sold for $2,750,000 ($133/psf) by Gladiolus Property Holding Company, LLC to South Cleveland Habana Properties, LP (S. Fort Myers/San Carlos).
670 Goodlette Rd. North, Naples: 11,500 sq ft sold for $1,850,000 ($161/psf) by Ergo Sciences, LLC to D2K Huynh LLC (East Naples).
6418 Commerce Park Dr., Fort Myers: 4,817 sq ft sold for $710,000 ($147/psf) by Wadsworth-O’Neal Properties, L.L.C. to Brenda B. Sheridan and Howard M. Sheridan (S. Fort Myers/San Carlos).

Outlook

The velocity of sale and lease transactions is expected to slow in 2019.
New build-to-suit and owner-occupied construction is anticipated to rise due to the obsolescence of existing inventory.
Vacancy rates and asking rents are projected to stabilize as office demand slows and tenant improvement costs increase.

About Cushman & Wakefield

A leading global real estate services firm with 48,000 employees in 400 offices across 70 countries.
Revenue of $6.9 billion in 2017, offering services in property, facilities, project management, leasing, capital markets, and valuation.
Contact details and additional information are provided for further inquiries.

展开完整摘要