MIAMI—Coral Gables vacancy dropped to 13.3% in the third quarter, according to the latest CBRE research. That's the highest occupancy rate since 2010. But what types of companies are driving the uptick?

I caught up with CBRE's Diana Parker and Maggie Kurtz to find out what industries are gravitating toward Coral Gables in part two of this exclusive interview. We also get some strong predictions for Miami's office market over the next two years. If you missed part one, you can still read it: Foreign Companies Leasing More Office Space in Miami.

GlobeSt.com: Are there particularly industries that are gravitating toward Coral Gables?

Kurtz: It's some of the same industries you see downtown and in Brickell—law firms and financial services—but we're also seeing more technology firms move in. Part of the appeal is proximity to the airport and some of the other aforementioned amenities, but another big draw is other tech firms.

For example, more than a third of all tenants at Columbus Center are prestigious tech companies like Apple, Inc., Yahoo, Intelstat International Systems, and Cable & Wireless. In our experience, tech firms tend to gravitate toward each other forming geographic clusters, and we see that as a strong possibility in this market.

GlobeSt.com: What's your outlook for Miami's office market, say, two years looking out? 

Parker: Since there's no significant new office construction on the horizon, we definitely expect the office market to continue to tighten and rates to continue to rise. Downtown, Brickell and Coral Gables will be the primary beneficiaries of office market expansion, and the Airport/Doral market will also do well because of growth in international trade. Within the next two years rents in the $50 per square foot range on Brickell and mid- to high-$40s per square foot range in Coral Gables are forecasted.