Office

High-quality and high-potential office assets have maintained investor appeal throughout the pandemic.

However, tenants and owners alike are "still trying to figure out what happens" beyond the next six months, and most are expecting less demand in the short term.

In the second quarter, office availability grew 30 basis points to 20.7%, the highest since 2011.

As CREW Network gears up for its convention in two weeks, it releases a white paper on why this is a critical moment to use COVID-19 as a catalyst for change in CRE.

Historically, Miami has really been home to large companies and Latin American headquarters but this is one of the first true U.S. headquarters being established," said Andrew Trench, of Cushman & Wakefield.

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.