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Buzzing Office Leasing Market Reflects Recent Shifts in Players, Space Requirements

Transactions Increase, but Smaller Deal Sizes Weigh on Leasing Volume
Office leasing has been very strong in Miami so far in 2024, especially at new buildings such as 830 Brickell pictured here. The 57-story office tower owned by OKO Group will be essentially fully leased when it completes construction later this year. (CoStar)
Office leasing has been very strong in Miami so far in 2024, especially at new buildings such as 830 Brickell pictured here. The 57-story office tower owned by OKO Group will be essentially fully leased when it completes construction later this year. (CoStar)
CoStar Analytics
August 8, 2024 | 9:30 P.M.

The office leasing market has never been more active. A historically high number of tenants are seeking workplace space for their employees, keeping brokers busier than ever. However, much of that activity is focused on smaller-sized spaces in newer buildings.

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