Space invaders heading south

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

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.

Sign Up for the undefined Newsletter

“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]