Grubb & Ellis

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  • Sluggish Miami Office Market Buoyed by 80,000SF Financial District Pre-Lease

    While Miami's office market vacancy rate lingers beneath the U.S. average, it has not gone unscathed by the worldwide economic crisis. However, law firm Bilzin Sumberg Baena Price & Axelrod L.L.P's pre-lease of 80,000 square feet at the 576,000-square-foot 1450 Brickell office tower downtown has players in the Miami office market game buzzing. The transaction marks South Florida's largest new office lease this year.

    South 01 October 2009 19:14

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