MARKET TRENDS
- An increase in available office space is providing occupiers with a wider range of choices and strengthening their positions when negotiating lease terms and incentives.
- Rent growth is slowing, but premium buildings continue to command higher rates. Meanwhile, older properties are offering more competitive pricing and lease incentives.
- Broward is attracting demand from a diverse array of occupiers, with five different industries represented in the top five leases of the quarter.