MIAMI—The United States has witnessed a marked increase in cross-border activity as investor focus shifted to the region. So says a new CBRE Global Capital MarketView.

Although that’s not exactly a new thought in Miami, the black and white numbers are still telling. The Americas region, driven predominantly by U.S. and Canadian activity in the office and multifamily sectors, was the only region to post a quarterly rise in volume.

Specifically, cross-border investments in the U.S. increased 67% year-over-year, CBRE reports. Interest has heighted as a result of the high level of liquidity that gateway U.S. markets provide, CBRE notes, but also because of the relatively large pool of high-quality assets available. So how does that translate to Miami?