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South Florida's office market 2025 outlook: a year of optimistic uncertainty

Recent trends shed light on next year’s transaction activity
CoStar Analytics
December 11, 2024 | 4:54 P.M.

Office transaction activity in South Florida has remained sluggish over the last year, hitting a decade low. In line with national trends, the number of transactions has fallen by over 45% from recent highs reached in 2022 and over 30% from pre-pandemic average levels.

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