Quote:
Originally Posted by NYguy
Thought it sould have been the othrr way around.
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Probably added more office space because Miami has the tightest office market in the country right now:
"Miami's vacancy rate fell from 15.7% in early 2025 to 12.5% as of April 2026, the lowest among the top 25 metros, according to a Yardi Matrix report.
The city's vacancy rate is well below the national average of 17.6%, and the only other markets that are close to as tight are Manhattan, at 13.1%, and Los Angeles, at 13.8%..."
https://www.bisnow.com/south-florida/news/office/miami-lowest-office-vacancy-nationwide-134661
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