Office recovery in Miami is ahead of the national pace, according to a new report, which found that although the Miami metro area had a vacancy decline in 2021, progress is expected to be made as leasing and buying activity stays healthy.
The 2022 Marcus and Millichap U.S. office investment forecast found that offices in the suburbs have done better in the pandemic than those in central business districts, which is due to more flexibility for employees as more households move to suburban areas.