Average Office Rental Price In Miami Is Dropping

miami-skyline-office-rental-price-in-miami-is-dropping

There is good news for those looking to rent an office space in Miami. According to The Daily Business Review, the Average Office Rental Price In Miami Is Dropping.

According to the real estate services organization CBRE, the asking price for office rentals in downtown metropolitan Miami fell 10 cents to $30.11 per square foot. This coastal city was the only market studied where the rates decreased.

Some occupants of Class C buildings have moved to the newer Class A and B office spaces being built throughout the city, according to the Daily Business Review. It is believed that owners of the older Class C structures have lowered their asking price to make them a more desirable option.

“There’s always going to be someone that needs to be in a C building,” Maggie Kurtz, a CBRE senior vice president, told the Daily Business Review. “But if I was a C owner, I would definitely improve my building and bring up the status.”

Revamping Office Space

There are a variety of ways to change outdated office space. Contemporary benching workstations are great for allowing collaboration between coworkers. Additionally, ergonomic chairs serve as an appropriate seating option for employees. However, if an office building wants to diversify its offerings and attract entrepreneurs, a shared space is a good option to fill vacancies. Professionals can use the office to work together and brainstorm ideas while being in the hub of a bustling metropolis.

Want to create a comfortable and collaborative work environment? Visit the Office Furniture Warehouse website to turn your vision into reality.

Share:
Facebook
Twitter
Pinterest
LinkedIn
Office Furniture Tips

Related Posts

Minimalist Office Organization Ideas That Work

Minimalist Office Organization: Ideas That Work

The idea of minimalism emphasizes on the fundamental thought of less is more- that you can do more with the little in hand. A bird in hand is worth two in the bush, basically. Most folks get stuck on the Kondoesque understanding of minimalism- decluttering. It is important, but it is not the end in

Small Office Design Layout That Benefits The Team

Small Office Design Layout That Benefits The Team

A suitable mood is a crucial aspect of office design. Your team’s efficiency, production, morale, and overall attitude can all be affected by the design of the office and the tone it communicates.  A well-designed office conveys a lot about your company to your clients and employees. To those who see it, an attractive, orderly,

3 Reasons To Hire Office Furniture Installation Experts

3 Reasons To Hire Office Furniture Installation Experts

Relocating your business to new premises or redesigning your office interior? While it’s tempting to save the extra money and take on these jobs yourself or with your team, you’re far better off partnering with a professional office furniture installation service. Office furniture assembly can be challenging, especially when you’re a business owner that prioritizes

Etiquette For Office Cubicles

Etiquette For Office Cubicles

According to the American Time Use Survey, the average American spends nearly nine hours a day at work, which means his or her office space easily qualifies as a home away from home. And because today’s offices are often in the form of cubicles or open configurations, it’s important that our behavior and habits in

Shop The Best Office Furniture!

We have the largest showrooms with new and used office furniture inventory in Florida. Call us today so that we can exceed your expectations.

Introduction To Office Furniture-min (1)
Scroll to Top