Study: Florida ranks third in nation in office space demand

When it comes to demand for office space, Florida is No. 3 in the county, according to a new study. Highland Cabinetry, headquartered in Phoenix, conducted the research and compiled the report. Topping the list for office space demand are California and Texas.

To determine demand, Highland Cabinetry found the number of searches for terms related to “office rental” using Google Keyword Planner. The company also evaluated the amount of available office space and the average price per square foot. Then using data points including population, search volume, availability and pricing, the company created a scoring system on a scale of 0 to 100 to compare the states.

Florida had the second-highest number of office rental-related searches per 100,000 people, after Massachusetts, according to the study. The Sunshine State saw 56,060 searches related to office rentals, which amounted to 260 searches per 100,000 people, according to Highland Cabinetry.