“This return to the workplace is only going to further fuel demand. We are also seeing more financial and law firms come into the market, and their service providers tend to follow. It’s a positive domino effect that is driving incredible growth," said Christina Crespi, executive director of the Miami Downtown Authority.
April 21, 2023 at 03:41 PM
5 minute read
Florida Bureau Chief
Miami’s downtown remains one of the hottest office markets in the country despite rising interest rates, layoffs in big tech and finance, and general economic uncertainty nationwide.
And staying on top has its challenges. For Tere Blanca, CEO of Blanca Commercial Real Estate, the biggest issue is bureaucratic: getting build-outs of interior space approved by local governments.
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