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Family Office Briefing on research byTranswestern·May 12, 2023

Miami Office Research Report - Q1 2023

Miami office market experiences eighth consecutive quarter of positive absorption in Q1 2023 — family offices should consider co-GP opportunities with strong local operators.

OfficeMiamiFloridaQ1 2023

Key Metrics

MetricValue
Overall Vacancy Rate15.3%
Class A Vacancy Rate18.4%
Class B Vacancy Rate11.6%
Net Absorption295.9SF
Asking Rent53.29$/SF

Metrics extracted from the source report and independently fact-checked. Method →

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