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Looking for call center space in the Southeast? Maybe check Florida first/1125/florida-9-4-18-call-center-space<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-call-center.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1125/florida-9-4-18-call-center-spaceLooking for call center space in the Southeast? Maybe check Florida firstThe Southeast has long been a target for call center space given relatively cheaper real estate and labor costs.
Miami’s urban core is rapidly becoming a true live-work-play city/1110/miami-8-20-18-becoming-a-true-live-work-play-city<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/shutterstock_292745702.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1110/miami-8-20-18-becoming-a-true-live-work-play-cityMiami’s urban core is rapidly becoming a true live-work-play citySince the depth of the recession, economic development initiatives have focused on diversifying South Florida’s economy and increasing the number of higher wage jobs that are primarily filled by college educated talent.
The market’s meteoric rise has pushed prices to record levels/1016/miami-7-9-18-meteoric-rise<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-industrial-foggy-day-cranes.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1016/miami-7-9-18-meteoric-riseThe market’s meteoric rise has pushed prices to record levelsAs the industrial market keeps soaring in Miami, investors continue to look for more attractive returns as the as cycle nears its end.
What does South Florida’s sublease market say about tenants?/833/miami-4-9-18-what-sublease-market-says-about-tenants<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-exterior-ocean-palm-trees.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/833/miami-4-9-18-what-sublease-market-says-about-tenantsWhat does South Florida’s sublease market say about tenants?The chart above combines sublease vacancy rate and sublease net absorption to tell the story.
South Florida office cap rates among lowest in nation/818/miami-4-2-18-office-cap-rates-lowest<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-steel-industrial-office.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/818/miami-4-2-18-office-cap-rates-lowestSouth Florida office cap rates among lowest in nationMiami has some of the lowest Class A office cap rates in the nation, with rates for Class A buildings ranging between 4.50 percent and 5.25 percent on average – on par with markets like New York, Boston, and Atlanta.
Center of gravity for office deliveries shifting to suburban and emerging markets./722/miami-2-27-18<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-tree.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/722/miami-2-27-18Center of gravity for office deliveries shifting to suburban and emerging markets.In terms of future office deliveries, Miami’s submarkets remain clouded in uncertainty.