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Miami Office Market Set for Organic Expansion

MIAMI—GlobeSt.com caught up with three key players in the Miami office market to get their take on what lies ahead. Do you agree with these predictions?

By Jennifer LeClaire | Updated on January 13, 2014

MIAMI—Bullish. That’s perhaps the best word to describe how commercial real estate professionals feel about the office sector in 2014. GlobeSt.com caught up with three key players in the Miami office market to get their take on what lies ahead.

Glenn Gregory, executive vice president at Jones Lang LaSalle, tells GlobeSt.com an encouraging statistical performance topped off the year with market wide vacancy dropping by nearly three percentage points since the end of 2011. Leading the charge was the class A segment, he notes, which accounted for 84% of 2013′s new occupancy gains.

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