Office

Meanwhile, asking rents increased by just 0.3% in the quarter to $40.36 per square foot.

All eyes are on the South Florida's real estate market as companies large and small from across the country relocate or expand to enjoy its sunny climes…

People coming to work in their offices in the US declined the least in Boston (55.2%) and the most in Miami (88.8%), according to the index.

LEED-certified assets had a 21.4% higher average market sales price per square foot over their non-LEED counterparts over the past three years.

Low occupancies may remain as owners and operators navigate the unknown.

"If they haven't done so already, they'll take the full step in requiring their employees to be vaccinated. That will benefit those large businesses, but also benefit the landlords whose buildings are occupied by these large businesses," said a South Florida attorney.