Edge House Miami Reveals Limited Collection Of Private Office Suites For Condo Buyers

Edge House Miami has unveiled a new collection of 100 private office suites exclusively available to qualifying condominium buyers, introducing a dedicated professional workspace component within the 57-story Edgewater development.

New renderings provide the first look at the offices, which will be available to buyers of select two- and three-bedroom residences priced from $1.2 million. Rather than placing another desk inside the residence, qualifying owners will have their own dedicated workspace elsewhere within the building.

Each private office will span approximately 100 square feet and be delivered fully furnished and ready for use, featuring a lockable glass entry, professional desk and chair, Wi-Fi connectivity and TV pre-wiring.

The offices will be incorporated into a larger business environment with conference and meeting rooms, reception services and coworking areas, along with a professional-grade podcast studio and an on-site café and bakery.

The concept responds to the growing role of remote and hybrid work in residential design. According to a 2026 Homes.com survey provided by the developer, 74% of new-construction buyers consider a home office important, while 49% want a second home office and 64% work remotely at least one day per week.

The private offices will also integrate with the development's flexible-ownership model. Through Edge House's EdgeFlex program, owners will be able to offer their residence and associated private office separately or together, subject to applicable terms and restrictions.

Construction is currently underway on Edge House Miami, developed by Grupo T&C with architecture by Kobi Karp and interiors by Adriana Hoyos Design Studio. Upon completion, the tower will feature 608 fully furnished residences, including studios and one-, two- and three-bedroom layouts, with many featuring lockout configurations designed for greater flexibility between personal use and rental opportunities.

The private offices join an amenity collection that includes a resort-style pool deck, wellness and fitness facilities, coworking and collaboration spaces, a golf putting green, children's playground and owners' lounges.

Residences at Edge House Miami start in the $550,000s, while select two- and three-bedroom residences qualifying for a private office begin at $1.2 million. Douglas Elliman Development Marketing is the exclusive sales and marketing representative, with completion anticipated in the fourth quarter of 2028.

With its new private office collection, Edge House is taking the home-office concept outside of the residence itself, giving qualifying owners a dedicated place to work within the building while maintaining separation between home and professional life.

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Knotel Launches U.S. Work Club at Wyncatcher in Miami’s Wynwood District

Knotel, a global provider of flexible and managed workspaces, is bringing its Work Club concept to the United States with the opening of Knotel at Wyncatcher in Miami’s Wynwood Arts District. The two-story, nearly 40,000-square-foot workspace is scheduled to open in December, marking Knotel’s first U.S. Work Club location following the success of its flagship Old Sessions House in London.

The new Miami outpost reflects the company’s broader strategy of blending flexible office space with hospitality, culture, and community-driven programming. Located in one of Miami’s most creative neighborhoods, Knotel at Wyncatcher is designed to function as a hub for entrepreneurs, innovators, creators, and growing brands operating within the city’s expanding hybrid work ecosystem.

“Experience-led environments have become essential for companies navigating growth, talent attraction, and new ways of working,” said Catherine Le Druillenec, Managing Director at Knotel. She cited Miami’s rapidly expanding business community and international connectivity as key factors behind the company’s decision to launch the concept locally.

Knotel at Wyncatcher will feature a mix of private office suites, shared workspaces, and collaborative lounges, alongside hospitality-driven amenities more commonly associated with lifestyle destinations than traditional offices. Plans include a rooftop terrace, curated cultural programming, and an on-site restaurant and bar concept by Cotidiano Group, a hospitality company based in Guadalajara, Mexico, known for culturally driven dining experiences.

According to Samantha Phillips, Vice President of North American Operations at Knotel, the Work Club model is intended to support both focused work and large-scale social or professional gatherings. “From flexible work to intimate cultural moments and large-scale activations in a critical hub for international finance, trade, and culture, Knotel at Wyncatcher is positioned to serve companies and creators shaping Miami’s evolving economy,” Phillips said.

Design played a central role in shaping the project. Kim Kolkovich, Knotel’s Head of Design, said the goal was to create an environment that reflects Wynwood’s creative energy while remaining adaptable to different uses throughout the day. Art and culture will also be embedded into the experience. The workspace will feature a rotating art program showcasing both emerging and established artists, transforming the building into a living gallery that evolves with the community and seasonal programming. In addition to workspace and amenities, members will have access to concierge services, premium food and beverage offerings, and a curated calendar of events and brand activations aimed at fostering professional and social connections.

Knotel operates flexible and managed workspaces globally, providing workplace services that range from design and delivery to day-to-day operations and curated Work Clubs. The company is part of the Newmark platform. Newmark Group, Inc. (Nasdaq: NMRK) is a global commercial real estate services firm providing advisory, transaction, and management services across all property types. For the twelve months ended September 30, 2025, Newmark reported revenues exceeding $3.1 billion, with operations spanning approximately 170 offices worldwide.

Location Ventures Launches Condo Sales For URBIN Mixed-Use Condo, Co-Working Lifestyle In Miami Beach and Coconut Grove

The desire to live and work in city centers throughout the world is often met with challenges in accessibility, mobility, and sustainability…until now. Location Ventures – a Miami-based, integrated real estate platform that delivers thoughtfully-designed and fully-connected residential and mixed-use projects – announced today the launch of residential sales for URBIN. A first-to-market, mixed-use brand, URBIN unites design-forward residences for short- or long-term rent with all-inclusive co-working spaces, wellness amenity programming, social activations, and lifestyle-oriented retail, all in one central address.

URBIN has initiated condo presales for its first location in Miami Beach, marking the first phase of the brand’s official launch with 60 percent pre-sold in the first 30 days. The launch of presales for a second location in Coconut Grove will immediately follow to meet growing demand. The brand will further scale with additional locations in key markets throughout the U.S., designing each to fit into the context of its carefully selected setting.

With exclusive sales and marketing representation by ONE Sotheby’s International Realty, URBIN presents turnkey units, designed in a collective living style. Priced from $400,000, residences will be available in diverse floor plans. In Miami Beach, studios will start at 275 square feet and expand to spacious multi-room residences that range from two- to four-bedrooms at up to 1,334 square feet. In Coconut Grove, residences range from studios at 331 square feet to six bedrooms at 2,352 square feet. Both locations will feature fewer than 100 units to allow for a tailored and more private living experience.

As an opportunity to own property in one of the world’s most sought destinations through URBIN, owners will have exclusive access to a lease-back program with the dual freedom to stay on property for up to 90 nights per year. While away, the residence is professionally managed by the brand and available for rent.

“URBIN celebrates a new way of living by bringing people together through home, work, and wellness in a single setting,” said Rishi Kapoor, CEO of Location Ventures. “Through integrating quality design, technology, wellness and social programming, we’re hoping to foster community and enable a high-quality of life in these city-centric ‘urban’ neighborhoods.”

URBIN residences will offer various layouts and provide a selection of shared spaces per unit, such as a common kitchen, dining and living area. The contemporary-designed condos are fully furnished and include efficient layouts to maximize space, while featuring high-end fixtures and Energy-Star stainless steel appliances, and plenty of storage space. Enticing, service-driven amenities, such as housekeeping, room service, and valet are complemented by on-site food and beverage venues; a wellness center with programming for mindfulness, movement, nourishment, and healing; and a rooftop pool deck with green spaces and lounge areas.

From owners of large enterprises to remote workers, URBIN’s co-working space brings a heightened level of service to the work experience. Members are given access to bespoke support tools, including consulting, administrative and networking, to further drive their business goals. Those who utilize the space are not required to live on property; however, members who both live and work at URBIN unlock exclusive rates.

URBIN Miami Beach, located at 1260 Washington Ave., is designed by Touzet Studio, led by Carlos Prio-Touzet and Jacqueline Gonzalez-Touzet. The building’s façade will complement the playful energy of Miami Beach, featuring geometric styles and colors found throughout the neighborhood with a nod to its Art Deco heritage. Its common area and amenity interiors are curated by Meyer Davis, the award-winning design studio from New York City. The property will undergo a complete renovation to the existing 33,488-square-foot site, in addition to the ground-up development of a 44,000-square-foot building.

URBIN’s second location is at 3162 Commodore Plaza in Coconut Grove, a less than five-minute walk from the newly-unveiled CocoWalk. Arquitectonica and Paredes Architects designed the exterior to integrate seamlessly with the contemporary new builds in the surrounding area. The residences will feature interior design by am studio, a boutique design collaborative committed to creating cohesive, resourceful, and oneiric spaces. The development of URBIN Coconut Grove will include the conversion of a nearly 33,000-square foot commercial building, roughly 5,000-square-foot restaurant, and 23,490-square-foot property, as well as a ground-up development.

URBIN will join the renaissance and expansion currently underway on Washington Avenue and Commodore Plaza – two streets situated in two of the city’s most thriving and in-demand districts. The sales launch of URBIN aims to reach both domestic and international investors attracted to South Florida by providing a unique live-work-well offering in the market.

For more information, please visit www.urbincondos.com or call 305.376.7274.

About URBIN

URBIN is a first-to-market, mixed-use brand with properties situated in renowned locations, offering an authentic, responsible, and flexible lifestyle when living and working in city centers. The first two locations will be in Miami Beach and Coconut Grove, Florida, with additional locations in key U.S. markets forthcoming. URBIN, developed by Location Ventures, the Miami-based real estate investment and development firm, has a vision to create places where one can live, work, and seek wellness in the heart of coveted neighborhoods. Each property will feature a membership-based platform and unite condos with all-inclusive co-working spaces, wellness amenities and programming, social activations, and lifestyle-oriented retail. URBIN features design-forward, turnkey rental residences with a select number available for purchase. Owners can enjoy their abode for personal use, for up to 90 nights per year; while away, the residence is professionally managed by the brand and available for rent through the property’s exclusive lease-back program. Exclusive sales and marketing for URBIN residences is by ONE Sotheby’s International Realty.

URBIN is backed by investors David Martin, CEO of Terra Group; Rudy Touzet, CEO of Banyan Street Capital; the Murphy family of Coastal Construction; former New York Jets and New Orleans Saints linebacker Jonathan Vilma; Gabriel Navarro, Marcel Navarro and Martin Pico of MMG Equity Partners; Marty Halpern of UnitedTranzactions; and a group of owners from Location Ventures.

About Location Ventures

Location Ventures is an integrated real estate platform that provides comprehensive investment, development, management, marketing, and sales for residential and mixed-use properties in the South Florida market and beyond. Location Ventures invests in one-of-a-kind living experiences that make the highest and best use of unique development locations. The company’s more than $600 million portfolio contains a mix of ultra-luxury single-family homes, boutique condominiums, and an urban-centered mixed-use project where young professionals live and work at one address.

About ONE Sotheby’s International Realty

ONE Sotheby’s International Realty is South Florida’s premier source for luxury real estate and development opportunities with 17 offices spanning from Miami and Key Biscayne to Palm Beach and Stuart. Since its inception in 2008, ONE SIR has recruited more than 800 of the world’s most passionate and well-connected agents, backed by a global brand with a heritage of unsurpassed quality, value and trust. ONE Sotheby’s International Realty’s direct affiliation with Sotheby’s Auction House and Sotheby’s International Realty has offered the company unparalleled, global reach – an attribute sellers reap the full benefit of as their homes receive prime exposure to a network of more than 22,000 associates in 72 countries and territories across 960 offices. In addition to its luxury brokerage division, the firm also offers a development sales division representing some of South Florida’s most successful and prestigious condo developments with a total inventory of over $3.5 billion. With a vision rooted in providing exceptional service, superior market knowledge and the latest technology, ONE Sotheby’s International Realty is dedicated to giving extraordinary lives a home to thrive. www.onesothebysrealty.com

Images via Location Ventures

The article was produced in partnership with Location Ventures

Life Time Coral Gables Opens 1.2 Million SF Live, Work, Play, Athletic Resort Mixed-Use Multifamily Development

Life Time Coral Gables has officially opened in Coral Gables, bringing a 1.2 million SF luxury athletic resort with elegant co-working and exquisite residences to The City Beautiful. Conceptualized by Life Time, the nation’s premier healthy lifestyle brand, the more than $500 million, 14-story, 1.2 million SF development seamlessly integrates where consumers live, work, play and stay as a first-of-its-kind destination centered around the company’s iconic athletic resort.

Life Time Coral Gables is now welcoming new members to the expansive destination at 237 South Dixie Highway. The development features an 80,000 SF luxury athletic resort, a 25,000 SF Life Time Work and 495 luxuriously appointed residences, including studios, one-, two- and three-bedroom, and penthouse units. Directly adjacent to Shops at Merrick Park, and minutes from downtown Coral Gables and Coconut Grove, the project’s soon-to-open retail component will feature a Trader Joe’s, locally famed Argentinian restaurant, Graziano’s and other offerings.

“I could not be more excited about the completely new concept we’re bringing to The City Beautiful—and North America—as our first combined Life Time Athletic, Life Time Work and Life Time Living destination. Never has a development been designed with such a comprehensive healthy way of life in mind, body and soul—centered around our iconic athletic resort,” says Gino Santia, director, Life Time Coral Gables. “For nearly 30 years, we have operated premier athletic resorts and, for the first time, “second home” has a new meaning as members truly can live, work, exercise and play in this amazing development offering a full healthy way of life experience.”

Life Time’s athletic resort and spa offers more than 70 classes weekly across its dedicated yoga, barre, Pilates, cycle and group exercise studios; more than 400 pieces of cardio and strength-based equipment; small group and 1:1 personal training; a Kids Academy featuring dedicated kids programming and classes; LT Recovery featuring compression, massage and physical and chiropractic therapies; an outdoor, resort-style, rooftop beach club; and, a full-service LifeSpa and fast casual LifeCafe.

The fully integrated, 25,000 SF Life Time Work provides members with elegant workspaces and flexible monthly memberships; lounge, dedicated desk and private offices; conference rooms, quiet rooms, and call booths; Herman Miller furniture, high-end, exquisite finishes throughout; copying, scanning and shredding services, unlimited Wi-Fi and more.

Life Time Living residences range from 436 SF studio units to 1,539 SF, 3-bedroom units. Penthouses are available up to 2,252 SF Resident benefits include a premier, Diamond Life Time athletic resort membership with access to all Life Time destinations throughout the U.S. and Canada, along with preferred Life Time Work access pricing. Grocery store tours, healthy meal planning and delivery from the on-site fast-casual restaurant LifeCafe, and access to a registered dietitian to stock your kitchen also are available.

Life Time Coral Gables is a collaboration between Life Time and Nolan Reynolds International (NRI), a recognized leader in real estate investment, development and hospitality operations.

Additional Life Time locations in Florida include Boca Raton and Tampa, along with locations under development in Palm Beach Gardens (mid-2022) and The Falls in Miami (opening early 2023). Life Time also owns and produces the Miami Marathon.

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Images via Life Time Coral Gables

Location Ventures Closes On South Beach Assemblage For $20 Million Where Co-Living Project Urbin Miami Beach Is Planned

The Coral Gables-based Location Ventures, led by Rishi Kapoor, has closed on the Washington Avenue assemblage where they have planned Urbin Retreat Miami Beach for $20 million. The acquisition was financed with at $14 million mortgage assumed from the seller, Fryd Properties. The assemblage includes a 10,697 SF retail property at 1260 Washington Ave. and an office building at 1234 Washington Ave.

Prior to closing, Location Ventures has had the Urbin Retreat Miami Beach project in the works since at least 2019. Urbin Retreat Miami Beach is designed by Touzet Studio was approved by Miami Beach’s Historic Preservation Board and Planning Board in August 2020. Urbin Retreat Miami Beach will be a co-living, co-working and wellness platform featuring 60 residential units for a combined 120 bedrooms, retail, co-working space, a rooftop bar and a ground floor restaurant and bar.

The Collective Reveals nArchitets-Designed Co-Living Mixed Use Building In Wynwood

The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant. The Collective currently operates co-living buildings in New York and London. The proposed building is expected to rise 12-stories and is designed by is designed by nArchitects with Corwil Architects as the architect of record.

The Collective Wynwood is proposed to have 180 residential units, 70 hotel units and 9,508 square feet of ground floor retail. The building is also expected to have 82,000 square feet of amenity spaces spread throughout every floor and includes co-working space, communal kitchens, a fitness center, gaming rooms, meeting rooms, a workshop studio, eight floor pool deck and rooftop garden.

WeWork Leaves Lincoln Road Location As Landlord Seeks $19.5 Million In Unpaid Rent

WeWork’s trouble’s due to COVID-19 continue as the landlord of their 350 Lincoln Road location has sued the co-working giant in Miami-Dade Circuit Court. SML 350 Lincoln Inc., an entity controlled by Shaul Levy and Meir Levy, alleges that WeWork breached their lease by failure to pay rent in April, May and June while occupying the 40,000 square foot space and now owes in-excess of $19.5 million in back-rent and legal fees. WeWork said in a statement that the lawsuit is without merit and will continue to work with the landlord to resolve the situation in a mutually beneficial fashion. WeWork’s 16-year lease at 350 Lincoln Road began in November 2014 and runs through October 2030.

WeWork will close the Lincoln Road location on August 14 and has also moved to consolidate its Miami Beach members to 429 Lenox Avenue. Last month we reported that Goddard Investment Group has moved to evict WeWork from the Lenox Avenue location, but the two parties were reportedly able to resolve their differences.

WeWork, which is now led by CEO Sandeep Mathrani, still has locations in Downtown Miami, Brickell and Coral Gables. Times have not been good to WeWork following its failed IPO in 2019. The coworking giant recently announced that it will being closing its first location to ever open in New York City and saw its valuation slashed from over $47 billion to $2.9 billion.

In May 2020, a group of WeWork’s members moved toward suing the co-working giant demanding that WeWork cease collecting rental fees. Many tenants had already requested rent relief, cancelled their leases or stopped paying, which put over $5.5 billion of CMBS loans backed by WeWork occupied properties at risk. Some of the CMBS loans back WeWork flagship locations in New York and San Francisco. WeWork has retained Newmark Knight Frank and JLL to try to renegotiate leases and negotiate concessions from landlords at some of their properties as the firm try to stave off a potential bankruptcy.

WeWork’s problems do not end there. Former CEO and co-founder Adam Neumann is reportedly under investigation for self-dealing by the New York State Attorney General. In addition, the Tokyo-based SoftBank led by Masayoshi Son and a special committee of WeWork board members have been locked in a legal battle after Softbank walked away from a $3 billion tender offer in April 2020 which was part of the $9.5 billion bailout package SoftBank signed with WeWork following WeWork’s failed IPO.

Goddard Investment Group Moves To Evict WeWork From South of Fifth Location

WeWork’s landlord at 429 Lenox Avenue, Goddard Investment Group, has moved to evict WeWork from their South of Fifth location at 429 Lenox Avenue in South Beach. The 43,500 SF building is fully leased by WeWork who skipped out on rent payments for April, May and June. An eviction notice reportedly alleges WeWork behind in excess of $650,000 in unpaid rent which must be paid by today or WeWork must vacate the property (July 7, 2020). WeWork first opened the South of Fifth location in early 2016 and is committed to the NNN lease until 2031. Goddard Investment Group financed 429 Lenox Ave. with a $23 million floating-rate loan issued by Granite Point Mortgage Trust, Inc. In Miami WeWork has other locations at 350 Lincoln Road, Brickell, Downtown Miami and Coral Gables.

Times have not been good to WeWork following its failed IPO in 2019. The coworking giant recently announced that it will being closing its first location to ever open in New York City and saw its valuation slashed from over $47 billion to $2.9 billion.

In May 2020, a group of WeWork’s members moved toward suing the co-working giant demanding that WeWork cease collecting rental fees. Many tenants had already requested rent relief, cancelled their leases or stopped paying, which put over $5.5 billion of CMBS loans backed by WeWork occupied properties at risk. Some of the CMBS loans back WeWork flagship locations in New York and San Francisco. WeWork has retained Newmark Knight Frank and JLL to try to renegotiate leases and negotiate concessions from landlords at some of their properties as the firm try to stave off a potential bankruptcy.

WeWork’s problems do not end there. Former CEO and co-founder Adam Neumann is reportedly under investigation for self-dealing by the New York State Attorney General. In addition, the Tokyo-based SoftBank led by Masayoshi Son and a special committee of WeWork board members have been locked in a legal battle after Softbank walked away from a $3 billion tender offer in April 2020 which was part of the $9.5 billion bailout package SoftBank signed with WeWork following WeWork’s failed IPO.

WeWork Lawsuit-Threat By Tenants Requesting Rent Relief Sends Shudders Through $5.5 Billion Of CMBS Debt

A group of WeWork’s members have moved toward suing the co-working giant in a letter sent by Walden Macht & Haran demanding that WeWork cease collecting rental fees. Many tenants have already requested rent relief, cancellation of their leases or stopped paying, which has put over $5.5 billion of CMBS loans backed by WeWork occupied properties at risk. Some of the CMBS loans back WeWork flagship locations in New York and San Francisco. WeWork, who was previously valued at $47 billion before dropping to a pre-covid valuation of $8 billion, has been working to renegotiate leases and has even skipped out to rent at some of their properties. This has in turn caused the price of bonds backed by payments from WeWork to fall drastically.

WeWork has made an effort to keep their locations open during the COVID-19 pandemic, but many of their tenants have expressed that they think WeWork should have shut their locations. Should WeWork not, Jim Walden of Walden Macht & Haran, threatened to start an arbitration process for WeWork members if the company continues to collect the fees in his letter to the company.

“State and local authorities around the country have directed businesses to cease operation and have prohibited workers, including our clients, from using their workplaces,” said Jim Walden. “As long as this pandemic prohibits our clients from using their WeWork office spaces, the purpose of their membership agreements is frustrated, thus excusing their obligation to pay membership fees.”

Tenants have accused WeWork of turning their backs on small business by continuing to collect fees. Due to WeWork’s short term lease model, the co-working giant is more at risk than the standard office landlord as many of WeWork’s tenants have elected not to renew and can be more flexible about actually going to an office as opposed to working from home. Many of WeWork’s tenants do not want to take the risk of going to their WeWork office location during the middle of the COVID-19 pandemic with 1.37 million confirmed cases in the US. Walden claims that the way the leases are structured are closer to that of gym memberships as opposed to true office leases, meaning that under New York law members are not liable for payments if they cannot physically access the space.

“Our clients have no legal obligation to pay their membership fees while the purpose of their membership agreements remains frustrated by the COVD-19 pandemic,” Walden wrote. “Ignoring this fact, WeWork continues charging these members full monthly fees and refuses to offer concessions or compromise.”

WeWork’s problems do not end there. Former CEO and co-founder Adam Neumann is reportedly under investigation for self-dealing by the New York State Attorney General. Additionally, one of WeWork’s major financial backers, the Tokyo-based SoftBank led by Masayoshi Son, walked away from a $3 billion tender offer in April 2020 which was part of the $9.5 billion bailout package SoftBank signed with WeWork in October 2019 following WeWork’s failed IPO. In May 2020 a special committee of WeWork board members filed a motion in Delaware to prevent SoftBank from disbanding the company as they purse legal action against the majority owner SoftBank Group Corp. WeWork’s special committee also represents minority shareholders including co-founder Adam Neumann. SoftBank and the SoftBank Vision Fund, which is a tech-focused venture capital fund with includes capital from the Saudi Arabian and Abu Dhabi sovereign wealth funds, Apple, Qualcomm, Foxconn and Sharp, have invested $14.25 billion into WeWork.

Avison Young Secures New, Long Term Co-Working Office Lease For Entire Floor At 800 Brickell

Avison Young negotiated a new, long-term,14,280 SF lease on behalf of CoSuite™ at 800 Brickell Avenue, a 15-story, 209,122 SF office tower in Miami’s Financial District. The tenant will take the entire fourth floor and bring the building’s occupancy to 85.4%.

Avison Young Principal and Managing Director Donna Abood, Vice President Joe Abood, and Associate Peyton Dowd represented the tenant during the lease. On the heels of the transaction, the team was retained by new ownership, Gatsby Enterprises in partnership with MasterMind Properties, to handle office leasing at 800 Brickell.

“Located at the gateway of Miami’s Financial District, this trophy office property is perfectly positioned for a co-working environment,” said Donna Abood. “Clients will enjoy the abundance of amenities in the surrounding area and ease of access to all major highways and thoroughfares.”

CoSuite, a hybrid of co-working space and executive suites, will benefit from 800 Brickell’s strategic location on the corner of Brickell Avenue and SE 8th Street granting users immediate entry to Interstate 395, Interstate 95, and the 836 Expressway.

“CoSuite fills a void in the shared office sector for individuals and companies seeking to have the flexibility, professional environment and superior amenities within open workspaces and traditional work settings,” said Tom Weber, CEO & President of CoSuite. “800 Brickell is a premium location and our second of many that we will focus on in Florida and the east coast of the United States.”

Miami’s office market recorded positive net absorption and healthy leasing activity overall during third-quarter 2019. One of the three largest class A office submarkets in terms of inventory, Brickell posted the lowest class A vacancy at 7.18%, followed by Airport/Doral (11.59%) and Downtown Miami (19.86%).