South Florida office vacancies and asking rents hold steady in fourth quarter, despite some foreclosures and discounted deals

Outside Miami’s Brickell neighborhood and downtown West Palm Beach, office landlords in South Florida faced troubling trends in the fourth quarter of last year. Older office buildings sold at discounts from previous sale prices, while some property owners faced foreclosure. While average asking rents and vacancy rates in Miami-Dade, Broward and Palm Beach counties have […]

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