Office Rents To New Record As Demand Outpaces Supply

Competition for office space in the most desirable neighborhoods in Miami has pushed rents to levels that experts say would have been unbelievable nearly two years ago. Direct asking rates for Class-A office space in Miami-Dade County rose 13% year-over-year in the third quarter, increasing more than $7 per SF, according to Colliers. JLL’s third-quarter figures showed Miami’s central business district hit another new record for asking … Read More