MIAMI—Miami's office market has come a long way since 2010, when almost 2 million square feet of new product flooded the urban core after the crash. But what does 2014 hold for Miami's office sector?

GlobeSt.com caught up with Charles Barton, a managing principal at tenant advisory firm Cresa South Florida, to get his take on the topic. He told us to expect a continued balancing act of twin dynamics from tenants—focus on occupancy cost reduction and creating productive office environments.

“Tenants continue to seek aggressive ways to reduce costs while at the same time improving the office environment experience for employees,” Barton says. “More and more, office design trends are required to accomplish both.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.