Contact Us

South Florida Office Market Update

Thu Oct 24, 2019

Coundown Until Event

Only 6 days until the event.

Selling Fast

Selling Fast.

South Florida Office Market Update

Top Projects and Meeting Tenant Demands & Design

Register Today: $99

What You'll Learn

  1. Workforce Retention: Businesses have to do just about anything to scale and attract the best talent. That means moving from space to space in order to meet tenant demands. What amenities and services are keeping them happy?
  2. As tenants opt for shorter-term leases, what is the office leasing outlook for the next 2, 5 and 10 years?
  3. How is South Florida's growing tech startup ecosystem and expanding co-working sector driving office growth? What tenants are moving in and how will it affect TOD in Miami?
  4. How do high-growth industries like technology and media differ in their real estate needs than traditionally stable (long term) clients like finance, insurance and real estate businesses?
  5. What is tenant experience and why should it be added to the CRE tech market landscape? How is real estate shifting into a user experience business?

Purchase Tickets

$99.00/ticket
Add to Cart
Buy Tickets Now
Interested in Speaking? Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised.
**Bisnow is a cashless, checkless operation. Please only submit payment via credit card.

EVENT HOST

Southeast Financial Center

Events Raw Space

A Skyline Icon - Southeast Financial Center, Miami’s tallest, and largest office tower is the world-recognized image of this dynamic city. Designed by the legendary architectural team of Skidmore Owings and Merrill, its timeless profile is testament to the enduring quality of this classic design- standing tall at 55 stories and approximately 1.2 million square feet.

Speakers

  • More Speakers to be Announced
Get Tickets Buy Tickets Now

Agenda

Time Activity
8:00 AM - 9:00 AM
Coffee, Breakfast & Networking
9:00 AM - 9:45 AM
The Evolution of Workplace Design
9:45 AM - 10:30 AM
Tenants: Miami's Entrepreneurial Ecosystem & Changing Needs
10:30 AM - 11:15 AM
Landlords: Investment, Development and Leasing of Office
11:15 AM - 11:45 AM
More Networking & Deal Making
Coffee, Breakfast & Networking
8:00 AM - 9:00 AM
The Evolution of Workplace Design
9:00 AM - 9:45 AM
Tenants: Miami's Entrepreneurial Ecosystem & Changing Needs
9:45 AM - 10:30 AM
Landlords: Investment, Development and Leasing of Office
10:30 AM - 11:15 AM
More Networking & Deal Making
11:15 AM - 11:45 AM

Venue/Parking

Southeast Financial Center
200 S. Biscayne Blvd. 26th floor
Miami, FL 33131

Get Directions

Why This Matters

In today's competitive and fast-paced business climate, creating effective workplaces is essential to attracting and retaining top talent. Innovative companies are creating places for their employees to achieve deep focus and privacy, while optimizing in-between times for collaboration, community and play. 

Millennials are in especially high demand. They are the largest of the five generations of workers currently in the workforce at 68.2 million workers and the most technologically advanced. Ken McCarthy, chief economist at Cushman & Wakefield says "They are the best-educated generation in history. That's why everyone wants to hire them." Developers must keep in mind amenities that keep this group happy: greenery, natural light, collaborative spaces and large windows that improve workforce productivity. 

South Florida’s growing tech startup ecosystem and expanding coworking sector are attracting a new tenant base to Miami. The office market is healthy, as indicated by positive construction and absorption growth from prior years. In Q1 2019, co-working operators like Spaces and WeWork were the primary drivers of leasing activity, followed closely by real estate, financial and legal services tenants.

In Miami, new office construction is concentrated in Brickell, Wynwood, Coral Gables and Coconut Grove, and is scheduled to increase inventory by 490,000 SQ FT in 2019. RedSky Capital recently delivered CUBE Wynwd, a Class A office building, and Graham Companies completed Crescent Point, a mixed-use office and retail building in Miami Lakes Town Center. Both were about 37% leased upon delivery. 

As companies in high-growth industries strive to recruit top talent, their demands for the workplace and their employees are evolving. Find out what developers and landlords are offering in terms of economic and amenity-driven incentives in order to retain these tenants, who have a higher lease turnover rate than traditionally stable tenants in finance, insurance or real estate sectors.

South Florida Office Market At a Glance: (per NGKF report

- Total Q2 2019 net absorption: 185,799 sq. ft.

- Overall vacancy rate: 11.2% (down from 11.3% last quarter)

- Average asking rent: $33.73/sq. ft.  

For questions, recommendations, comments, or press inquiries please email Katya, our Southeast event producer, katya.demina@bisnow.com.  

$99 Thu October 24, 2019 8:00 AM
Purchase Event Ticket
Interested in Speaking? Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised.
**Bisnow is a cashless, checkless operation. Please only submit payment via credit card.