Trophy office buildings were the place to be as tenants sought highly amenitized options, driving up occupancy and pricing, according to Avison Young.
October 18, 2023 at 12:00 PM
3 minute read
The original version of this story was published on Globe Street
The Florida office markets are mostly healthy through Q3 2023, taking advantage of booming job markets, especially in Miami and Orlando, according to the Q3 2023 Florida Office Market Report by Avison Young.
As of the end of August, Miami’s unemployment rate decreased by 100 basis points compared to August 2022, reaching 1.9%, which is notably lower than the U.S. unemployment rate of 3.8%.
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