South Florida Office Prices Plunge as Incentives Surge
February 15, 2010

Incentives are part and parcel of any South Florida commercial sale, but bottom line lease rates are really moving in the region. Steven Coutts, senior vice president of national research at Studley, a tenant representation firm, said the region is likely to be a tenants' market for some time and that recovery will lag the rest of the country. For as long as the next 24 months, he said the deals will abound depending on the amount of space required, the length of the lease and tenant creditworthiness. ...

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