Miami Office Figures Q4 2021
25 Jan 2022
- Current tenant requirements total 1.6 million sq. ft. with financial services, technology & healthcare being the top industries in the market. Additionally, 585,000 sq, ft, of active requirements are new-to-market.
- Net absorption for the quarter totaled 313,000 sq. ft., bringing the market positive for the year. Class A product accounted for all of the positive absorption in 2021, demonstrating a demand for high quality product.