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South Florida Quarterly Figures | Q4 2024 Round-Up
South Florida Quarterly Figures
Q4 2024 Round-Up
CBRE
South Florida and its economy continue to see relatively strong growth and is outpacing the nation, all of which has occurred amidst an era of elevated interest rates, inflation, geopolitical turmoil and other uncertainties.

To explore in detail the factors driving South Florida’s market, click the links below:
Inventory increased to end 2024 with over 925,000 sq. ft. of Class A product delivered in Brickell (664K), Downtown Miami (127K), Miami Beach (60K), and Wynwood (73K).
Broward County experienced three consecutive quarters of positive absorption in 2024.
Rent growth was stable, but most increases were due to newly delivered office buildings, which command premium rents.
For more information, please contact:
Scott
Goldstein
Senior Vice President
+1 305 260 2418
+1 305 968 8854
scott.goldstein@cbre.com
Keith
Edelman
Senior Vice President
+1 305 260 2422
+1 954 242 9080
keith.edelman@cbre.com
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