Even when they’re typing away at computers, it appears Miamians still want a waterfront view and luxury amenities. That’s the conclusion of two studies of the Miami office tenant market core, highlighting a bias toward prime buildings that is driving somewhat counterintuitive trends.
The reports by brokerage firms JLL and Savills Studley find the prices tenants are paying for trophy buildings in central Miami are up, with rent increases outpacing the rest of the market even as growth in demand slackens.
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