Colliers International Miami Dade County Office Market Reports | Fourth Quarter 2020
Encouraging Signs Emerge in the Fourth Quarter Leading to an Optimistic Outlook in Miami-Dade County’s Office Market
Encouraging signs for Miami-Dade County’s office sector emerged in the fourth quarter of 2020. Net absorption turned positive for the first quarter since the pandemic began in March, and a number of big-name financial investment and hedge funds announced news to relocate or expand their operations to Miami. While existing companies are in the process of evaluating their real estate needs following months of work from home arrangements, some companies are planning office returns in light of the promising vaccine rollout leading to encouraging sentiments for the second half of 2021.

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