"You wouldn't be getting this deal, if it wasn't for the market conditions," Orban recalls about terms of a lease agreement that included three months of rent abatement. "It's easier to hide one, two even three months rent abatement in a new building than an existing one. Some will hide concessions there because they burn off quickly."
Certainly weakened by an overall slowdown in the US economy, the market for class A office space in South Florida is shaky to say the least.
"We're on the precipice of being severely soft," Orban tells GlobeSt.com. "If we're not there, we're very close to being there."
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