Office vacancy in Miami-Dade County reached 18.1 percent in the fourth quarter of 2012, according to the latest MarketView from CBRE. That number was an improvement from a nearly 20 percent rate in the fourth quarter of 2011 — a 160 basis point decline. Miami saw more than 500,000 square feet of leasing activity in the final quarter of 2012, with positive absorption of 367,000 square feet and 324,000 square feet of new construction. The [more]![]()
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