Activity is off to a hot start in Miami's office sector this year as tenants look for smaller spaces in the post-pandemic world. A first-quarter report from Avison Young shows that one million square feet of leases were signed, up 26.5 percent from the same three-month period a year ago.

Leasing activity rebounded in the first quarter of 2025 "after a sluggish 2024," Avison Young noted.

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