One of the primary—and most discussed—economic impacts of the COVID-19 pandemic was the emergence of remote work and resulting decline in demand for commercial office space. While that general trend has been true for most of the United States, South Florida on the other hand, has been a beneficiary of the socio-economic trends brought about by the pandemic and has emerged as one of the premier markets for commercial office space in the country.

At the outset of the pandemic, office tenants around the country enacted work-from-home policies to stop the spread of the virus and to keep their employees safe. After being sent home, many employees came to enjoy the benefit of avoiding the daily commute into dense commercial sectors of northern cities while also having more time at home to spend with their family. As a result of this overarching employee sentiment, employers have found it difficult to entice their employees to leave the home office and commute back in.