Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI—Although some brokers can see the possibility of new office development in Downtown Miami soon—in fact, some is already planned—others aren’t so sure the market is ready for the next wave. A couple of interesting deals does not a recovery make and a lack of new construction in recent years doesn’t justify the need for new cranes, some say.

Chris Lovell, senior managing director at Studley, is part of those “some.” Lovell took issue with an article called “Miami Could See New Office Development Soon.” In the article, Jones Lang LaSalle senior vice president Jonathan Kingsley noted that if Brickell Financial Center follows the lease up pattern 1450 Brickell enjoyed, “then now’s clearly the time to start planning for future office space to be delivered two to four years from now.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.