We’re proud to announce that our Chief Operating Officer, Matthew Brown, was featured in Commercial Property Executive‘s latest Q&A exploring the dynamics of South Florida’s office market.
In the interview, Matt shares his perspective on the strength and adaptability of the Palm Beach County market, emphasizing the shift toward more flexible, move-in-ready spaces.
“Furthermore, rental rate escalation in central business districts, driven by recent developments in areas such as West Palm Beach or recent sales of Class A office assets and substantial renovation capital plans in other CBDs, is pricing out a number of companies, prompting their relocation to suburban settings or away from prime corridors.”
He mentions the importance of remembering the power of small business.
“Properties that provide flexible layouts and smaller move-in-ready spaces—1,500 to 3,500 square feet— are well positioned to meet current market demands. We sometimes forget, but small businesses constitute the largest segment of private-sector employers in the U.S”
The piece covers:
- The continued migration of decision-makers to South Florida
- The strength of small and mid-sized business demand
- Why layout flexibility and size are key in the current market
Read the full Q&A here: It’s Always Sunny in South Florida’s Office Market
NAI/Merin Hunter Codman is a leading commercial real estate firm based in West Palm Beach, Florida, specializing in office, industrial, and retail leasing and sales, tenant representation, and investment advisory services. As the Palm Beach County affiliate of the NAI Global network, we combine local expertise with national reach to deliver results across Palm Beach and beyond. Learn more at www.mhcreal.com.
