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South Florida s Biggest Office Sales of 2022
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Las Olas Square in Downtown Fort Lauderdale Sells for $145M
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Top 5 Office Transactions in Florida
Top 5 Office Transactions in Florida
Office deals in the first quarter of 2021 amounted to $985 million, accounting for 67 percent of the state’s total transaction volume, based on CommercialEdge data. May032021
Following the pandemic’s impact, Florida’s office sector is seeing a surge in office investment. In the first quarter, sales activity was concentrated in South Florida, where companies recognized the distinct opportunities arising from the shifting commercial real estate landscape.
According to data provided by CommercialEdge, office investment sales in the first quarter of the year amounted to $985 million and totaled some 4.3 million square feet. This translates into a 24 percent increase from the $794 million recorded in the first quarter of 2020.
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