The city of Fort Lauderdale is a major port city alongside the Atlantic Ocean side of the east coast state of Florida. The city is one of the largest tourist destination on the eastern coast of the United States and has a bustling population that has been growing in recent years. The estimated population of the city center is 183,606 and the greater metropolitan estimated population is 5.4 million residents. The city receives roughly 10 million tourists annually and is often referred to as the “Venice of America”. The city is often times compared to the Italian city of Venice because it has a great deal of canals in and around the city that resemble the European province. The city is also one of the largest centers for Yachting with over 42,000 yachts in the area. With close proximity to the Miami metropolitan area, the city tries to compete with the latter by having over 4,000 restaurants and 120 night clubs to help with the tourist demand in the greater metropolitan city and core center.
The economy of Fort Lauderdale relies heavily on tourism and has changed dramatically since the 1980's. The city is a premiere spot for spring break among college students. The city is also one of the largest areas for maritime industries, and has many large convention centers that attracts millions of visitors throughout the year. The downtown area has recently gone through some gentrification and has many real estate developments for both commercial and retail reasons. Job seekers will find the area favorable for a variety of careers in many different companies and industries. Some of the larger companies in the area are even listed in the Fortune 500 and Fortune 1000 lists. Some of the companies that rent Fort Lauderdale commercial office spaces include: AutoNation, Citrix, Tenet Healthcare, National Beverage Corporation, Motorola, Maxim Integrated Products, American Express, Gulfstream International Airlines, SunTrust, and many others. The unemployment rate of the city is 7%, and is only very slightly above the national average. The area manages to stay stable, with tourism and affluent yacht owners helping the overall economic picture quite well.
Commercial real estate developments continue to thrive in and around the city, especially in the downtown areas. Many large scale operations are being built and offered to entrepreneurs and business owners of all types to help grow their business in an easy fashion. In a recent survey of commercial office space vacancies in the greater Fort Lauderdale area, many options started at around $575 a month for small offices in prime locations. Many smaller Fort Lauderdale commercial office space options came with free internet and even calling services. Larger options, warehouse space, and retail space abounds in a variety of price points, but on average start at around $1 a square foot for 1,000 square feet and beyond. There are many favorable options to explore to help businesses grow which will help the commercial office spaces in Ft Lauderdale recover when it comes to prices. We also have serviced executive suites and furnished office spaces in Miami, Orlando, Tampa, and Jacksonville. If you need a temporary or long term office rental, we can help. We know the Local Ft Lauderdale commercial office space market (pricing, vacancy rates,square feet, etc.) so call us today or search some new commercial property listings online. If you have 5 employees or 50 employees we can help you find a call center, bullpen, space for a law firm or real estate/insurance office. We have it all.
For those looking for higher education in and around the greater Fort Lauderdale area, many options abound and provide students of all backgrounds with degrees in a variety of fields. Some of the colleges in and around the city include, The Art Institute of Fort Lauderdale, Nova Southeastern University, Broward College, Keiser University, Florida International University, and many others.
The major airport in the city is the Fort Lauderdale-Hollywood International Airport. The busy airport helps roughly 22 million passengers annually reach many international and domestic destinations. It is one of the busiest airport in the state of Florida and ranked 22nd in the nation.