Miami Tower Miami Tower

MIAMI—Office market fundamentals across the State of Florida during the current real estate cycle have steadily improved. Indeed, all markets are posting significant rent increases year-over-year.

That’s according to Cushman & Wakefield’s Third Quarter 2016 Florida Statewide Rental Report (FLRR). The report highlights current office asking rates in major markets across Florida and compares them to rates documented at the height of the last real estate cycle (2008 and 2009.

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Jennifer LeClaire

GlobeSt

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