Downtown Miami is attracting a host of new residents and activity lately, even faster than expected. In fact, of the more than 23,500 units added to Miami since 2003, 85 percent of them are occupied, according to GlobeSt.com and based on a study the Downtown Development Authority commissioned. At this rate, the downtown area’s apartments and condos could... [Read more...]

The small business optimism index rose again last month, making it comparable to index readings from before the recession, according to the Marcus & Millichap Research Brief. Tax breaks are a contributing factor of the optimism, as well as legislation that came out toward the end of 2010, which helps small businesses get lending. Although small business... [Read more...]

Office vacancy dropped a bit in South Florida at the end of last year, according to the South Florida Business Journal and based on a report from Cushman & Wakefield. The vacancy in Miami-Dade County fell by 0.3 percent from the third quarter to the fourth quarter last year. Office leasing rose nearly 22 percent in 2010, reaching 2.6 million square feet.... [Read more...]

You may remember our post from awhile back when we discussed that energy-efficient space is important to many businesses these days. Well, now the federal government has set forth a Better Building Initiative, which offers incentives meant to spur more energy-efficient building and retrofitting in commercial real estate in the next 10 years, according to National... [Read more...]

After being such staples in office landscapes for so long, basic cubicles are being tossed out by some companies that are decreasing the amount of workspace per employee, according to CNN. Less workspace is becoming the norm in many offices across the nation, down to an average of 75 square feet in 2010 from 90 square feet in 1994. While some are opting for... [Read more...]

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