The Real Deal Miami

Palm Beach County gets affordable

March 09, 2009 11:51AM

Rising office vacancy rates have made the county a prime location for new businesses, prompting Kelly Smallridge, president of the Business Development Board of Palm Beach County, to go on a recruiting offensive. Low inventory and high rents during the market boom in 2006 hurt business growth, but about 50,000 square feet of office space is now available and could be attractive to businesses when the economy begins to recover, Smallridge said.