#MovingToMiami: Are the Design District and $250 per sf rents the next office-market wave?

Miami’s Design District is emerging as a new frontier for the city’s boutique office market, where smaller space geared toward family offices, investment banks and hedge funds are expected to command rents topping $300 per square foot.  Peter Thiel’s investment firm raised the bar for Miami office rents, with a reported $250-per-square-foot lease at 830 Brickell. But the question is whether that eye-popping figure is an outlier or a sign of what’s to come. That was part of the discussion during the #MovingToMiami panel, moderated by South Florida reporter Lidia Dinkova, at The Real Deal’s Miami Forum Wednesday. The panel […]

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