In Focus: Naples office market

Area shows resilience despite slowing in the past year

  • By Kevin McQuaid
  • | 6:00 a.m. July 12, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — 801 Laurel Oak Drive is a multitenant office building in the Naples submarket of Collier County.
COURTESY PHOTO — 801 Laurel Oak Drive is a multitenant office building in the Naples submarket of Collier County.
  • Commercial Real Estate
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8.2%

Amount of vacant office space, on a percentage basis, in Naples at the end of June 2019. Over the past year, the vacancy rate has inched upward by just under 1%. Historically, the rate has hovered around 10%.

 

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