Miami Office Figures Q4 2021

25 Jan 2022

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  • 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.