MIAMI—What are the biggest challenges that the office market faces that could have long-lasting repercussions in downtown? Danet Linares, vice chairman of Blanca Commercial Real Estate, has some keen insights.

But, first, let’s review the challenges the Greater Downtown Miami areas has overcome. Brickell’s vacancy rate is about 15%. That’s down from about 24.6 percent since 2011. Overall, the CBD posts a 20% vacancy rate, which is down from over 23% at the height of the recession. All that is according to the Miami Downtown Development Authority (DDA) Office Study.

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.