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According to a third quarter report on the office market in Broward County by commercial brokerage firm CBRE, the overall vacancy rate for the region fell 40 basis points from the second quarter and 210 basis points from a year earlier to 9.3% at the end of the third quarter of 2019.
In a purchase representing Meridian's largest general office deal to date and its first general office acquisition in the mid-Peninsula submarket, the firm recently closed on a six-story 100,000-square-foot office building.
At GlobeSt Apartments Conference, Greg Brown of National Apartment Association talks about the increase in rent control regulations across the country.
At GlobeSt Apartments Conference, Greg Brown of National Apartment Association talks about the increase in rent control regulations across the country.
Retailers are holding their horses in terms of broad expansions, preferring to enhance current properties to optimize performance, says Scott Holmes of Marcus & Millichap.