Office markets shrink across South Florida, but new Class A performs well
0 CommentsUrban office markets across South Florida recorded significant negative absorption in the second quarter, although rental rates so far remain unaffected. In the long run, market observers find reasons for optimism in undiminished demand for Class A space, including a tendency of new high-end properties to lease up relatively quickly despite a general falling off in leasing activity.
… Categories: Broward, Florida, JLL, Miami, Office, West Palm Beach and tagged Broward, Broward office market, commercial real estate, CRE, Florida, Fort Lauderdale, JLL, JLL Florida, Miami, Miami office market, Office, office market, Office Trends, Palm Beach, Palm Beach office market, South Florida, South Florida CRE, West Palm Beach.