The Real Deal New York

Space invaders heading south

South Florida office space draws more companies from New York, elsewhere

April 24, 2014 10:30AM
By Mark Maurer

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Miami Tower

Miami Tower

From the South Florida Market Report: With asking rents well below those in New York and other northern cities, plus the subtropical climate and diversified workforce, South Florida office buildings continue to draw businesses from all over.

“New-to-market, high-profile companies are making strong commitments,” said Ken Krasnow, managing director at CBRE in Broward and Palm Beach counties.

For example, global law firm Jones Day signed a 21,363-square-foot lease in August for a full floor at 600 Brickell, a 40-story tower developed by Foram Group and known in the market as Brickell World Plaza. [more]

  • noclist

    Not just the low rent and the nice weather. Taxes are way lower.

    • Jet Set

      But you sill have to Miami. No thanks.

      Why not just move to Cuba? No one speaks English in either city and the locals are both poor. At least Cuba looks much prettier.

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