On March 7, 2024, the Girl Scouts of Tropical Florida in Coral Gables hosted the 11-acre Camp Mahachee Front Entrance dedication, a treasured camp on Old Cutler Road. The camp features shelters, meeting space, cabins and a hardwood hammock, and is used for all kinds of youth activities. Two plaques were unveiled, one in honor
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Office vacancies rose across South Florida in the fourth quarter, and Broward and Palm Beach counties experienced negative net absorption of space, according to a newly released report from Colliers International.
Still, the region saw some significant deals close at the end of the year. And average asking rents in Broward and Miami-Dade counties rose, despite market uncertainty and new deliveries. With more corporate relocations to the area, plenty of newly constructed inventory could become occupied in the long run, according to the report.
Here’s a breakdown:
Miami-Dade County
Miami-Dade had an 11.3 percent vacancy rate in the fourth quarter, the lowest in the tri-county region. That’s up from 11 percent in the third quarter of 2020, and up from the 9.6 percent in the fourth quarter of 2019.