The Fort Lauderdale retail segment has rebounded nicely over the past year, but still has a long way to go to reach the peak we experienced in 2007. Recent improvements in this segment are directly related to the strong housing and labor markets. Low vacancy rates and positive absorption are driving asking retail rent rates as demonstrated in the graph below. Asking rents in Fort Lauderdale are up 6.5% year over year compared to state and metro area increases of 2.2% and 2.9% respectively. For information on available retail space for sale and lease in the Fort Lauderdale area please contact us.