Posted Dec 16, 2022, 11:43 AM
|
|
BANNED
|
|
Join Date: Aug 2017
Location: SW3
Posts: 4,211
|
|
Quote:
Originally Posted by rivernorthlurker
The Citadel Miami office might literally end up being a bit of a 'company perk' to some degree.
147,000/525,000 sqft of the 830 Brickell = 28% of the most premier office tower in a 'once in a generation' real estate boom in Miami, being leased (previously) by a co-working company doesn't exactly scream 'everyone's moving to Miami' commercialy, quite the opposite.
By comparison, Sterling Bay is building random 500k sqft offices in West Loop Chicago filled with companies I've never heard of and the city has a fairly high office vacancy rate https://sterlingbay.com/our-portfolio/
I just feel the 'narrative' for office leasing in Miami doesn't exactly fit the evidence unfortunately. |
I completely agree.
|
Threaded Mode