MIAMI—The Miami-Dade office market continues its growth at a steady and significant pace, where demand is increasing coupled with limited new construction, leading to increasing rental rates overall. So says Donna Abood, principal and managing director of Avison Young.

What else does she see for the fourth quarter? Abood tells GlobeSt.com three sectors have been active in leasing office space in Miami-Dade: legal, financial, and health care. She anticipates this will be consistent in the fourth quarter of 2015.

“From first quarter 2015 to second quarter 2015, vacancy declined from 11.7% to 11.2%, demonstrating increasing demand for space, even as rental rates continue to rise,” Abood says. “We anticipate the vacancy to decline at the same pace by end of the fourth quarter.”