{"id":2560,"date":"2026-07-02T12:02:25","date_gmt":"2026-07-02T12:02:25","guid":{"rendered":"https:\/\/floridamovingchronicle.com\/?p=2560"},"modified":"2026-07-02T12:02:25","modified_gmt":"2026-07-02T12:02:25","slug":"miami-has-the-most-expensive-office-rents-in-the-country-go-inside-the-trend-2","status":"publish","type":"post","link":"https:\/\/floridamovingchronicle.com\/?p=2560","title":{"rendered":"Miami has the most expensive office rents in the country. Go inside the trend"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>The average rent for office space in Miami is more expensive than in New York City or the Bay Area.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=2559\">Ken Griffin gifts $2 million to Breakthrough Miami, area mentorship nonprofit<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>A survey from the online commercial real estate marketplace LoopNet showed Miami has the highest average office rent \u2014nearly $60 a square foot \u2014 of 50 U.S. cities.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>New high-end office space, often referred to as Class A or Class A+, is driving that trend, said Ana Bozovic, the founder of Analytics Miami.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u201cThere is extreme demand for new and prime product,\u201d Bozovic said.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The real estate analyst attributed the high rents to a relatively small supply of high-end office space in Miami and high demand from businesses moving to the area or expanding their footprint. Bozovic sees it as part of a larger trend of wealthy people migrating to South Florida \u2014 bringing their money and business with them.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>Just last month, billionaire Peter Thiel set a new record for the most expensive office lease in Miami by leasing space in the 830 Brickell office tower for around $250 per square foot, Bloomberg reported. Thiel, a co-founder of PayPal and Palantir, is leasing the space for his family office. Palantir, a data analytics company, moved its headquarters to an office in Aventura earlier this year.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Companies, especially large and successful ones, are looking for higher-end offices more than ever.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>There\u2019s a stronger focus on leasing office space in a building with amenities, in part to encourage employees to return to in-person work, said Tere Blanca, chair and CEO of the Miami-based brokerage Blanca Commercial Real Estate. Blanca said Miami has had one of the highest return-to-office rates post-pandemic.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=2558\">Miami has the most expensive office rents in the country. Go inside the trend<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>An office building under construction in Bay Harbor Islands, One Kane, is offering a marina as an amenity, allowing tenants to arrive at the office by yacht. One Kane is catering to the ultra-wealthy residents of Indian Creek Village, Bal Harbour and other nearby enclaves.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The LoopNet report used office rents from the city of Miami, meaning the data does not include Miami Beach or other parts of Miami-Dade County. This likely has the effect of skewing Miami\u2019s average office rent higher in the report, Blanca said.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The Brickell, Downtown and Coconut Grove neighborhoods in the city of Miami have high concentrations of Class A and Class A+ office space, Blanca said. Rents for high-end offices in these areas often exceed $100 per square foot, she added.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>Brickell is set to get even more Class A office space in coming years.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Ken Griffin, the billionaire founder of the hedge fund Citadel, is building a tower in the neighborhood with 1.7 million square feet of office space. Roughly one-third of it will serve as the global headquarters for Citadel and Citadel Securities.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Another tower, the new regional office for Banco Santander, is also under construction nearby.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=2556\">Planning a holiday weekend car trip? Gas is up in South Florida. Check prices<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<h2>Cities with the most expensive average office rents<\/h2>\n<p><!-- --><!--]--><!--[--><!-- --><!--]--><!--[--><\/p>\n<ul>\n<li><b>Miami:<\/b> $59.66 per square foot<\/li>\n<li><b>New York:<\/b> $50.56 per square foot<\/li>\n<li><b>Washington, D.C.:<\/b> $47.95 per square foot<\/li>\n<li><b>San Francisco:<\/b> $42.66 per square foot<\/li>\n<li><b>San Jose:<\/b> $39.63 per square foot<\/li>\n<\/ul>\n<p><!-- --><!--]--><!--]--><!-- --><\/p>\n<p>This story was originally published <span>July 2, 2026 at 6:34 AM<span>.<\/span><\/span><!-- --><\/p>\n<p><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>A survey by LoopNet of 50 American cities found that Miami had the most expensive office rents, surpassing New York, Washington, D.C., and the Bay Area.<\/p>\n","protected":false},"author":1,"featured_media":2557,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/floridamovingchronicle.com\/?p=2560\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle\" \/>\n<meta property=\"og:description\" content=\"A survey by LoopNet of 50 American cities found that Miami had the most expensive office rents, surpassing New York, Washington, D.C., and the Bay Area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/floridamovingchronicle.com\/?p=2560\" \/>\n<meta property=\"og:site_name\" content=\"Florida Moving Chronicle\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-02T12:02:25+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#\\\/schema\\\/person\\\/482f60b6a0b7cc84b37966d78057552f\"},\"headline\":\"Miami has the most expensive office rents in the country. Go inside the trend\",\"datePublished\":\"2026-07-02T12:02:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560\"},\"wordCount\":558,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e8acb0029c17f08b194ac293f783f02e.jpg\",\"articleSection\":[\"Real Estate News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560\",\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560\",\"name\":\"Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e8acb0029c17f08b194ac293f783f02e.jpg\",\"datePublished\":\"2026-07-02T12:02:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#\\\/schema\\\/person\\\/482f60b6a0b7cc84b37966d78057552f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#primaryimage\",\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e8acb0029c17f08b194ac293f783f02e.jpg\",\"contentUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e8acb0029c17f08b194ac293f783f02e.jpg\",\"width\":1200,\"height\":675,\"caption\":\"Modern design and urban residential condos tower over the older office buildings as the Brickell City Centre, a $1.05 billion shopping and mixed-use project that span up to five blocks to the west of Brickell Avenue and to the south of the Miami River, in the Brickell district of Greater Downtown.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=2560#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/floridamovingchronicle.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Miami has the most expensive office rents in the country. Go inside the trend\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#website\",\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/\",\"name\":\"Florida Moving Chronicle\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#\\\/schema\\\/person\\\/482f60b6a0b7cc84b37966d78057552f\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/floridamovingchronicle.com\"],\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/floridamovingchronicle.com\/?p=2560","og_locale":"en_US","og_type":"article","og_title":"Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle","og_description":"A survey by LoopNet of 50 American cities found that Miami had the most expensive office rents, surpassing New York, Washington, D.C., and the Bay Area.","og_url":"https:\/\/floridamovingchronicle.com\/?p=2560","og_site_name":"Florida Moving Chronicle","article_published_time":"2026-07-02T12:02:25+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/floridamovingchronicle.com\/?p=2560#article","isPartOf":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560"},"author":{"name":"admin","@id":"https:\/\/floridamovingchronicle.com\/#\/schema\/person\/482f60b6a0b7cc84b37966d78057552f"},"headline":"Miami has the most expensive office rents in the country. Go inside the trend","datePublished":"2026-07-02T12:02:25+00:00","mainEntityOfPage":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560"},"wordCount":558,"commentCount":0,"image":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560#primaryimage"},"thumbnailUrl":"https:\/\/floridamovingchronicle.com\/wp-content\/uploads\/2026\/07\/e8acb0029c17f08b194ac293f783f02e.jpg","articleSection":["Real Estate News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/floridamovingchronicle.com\/?p=2560#respond"]}]},{"@type":"WebPage","@id":"https:\/\/floridamovingchronicle.com\/?p=2560","url":"https:\/\/floridamovingchronicle.com\/?p=2560","name":"Miami has the most expensive office rents in the country. Go inside the trend - Florida Moving Chronicle","isPartOf":{"@id":"https:\/\/floridamovingchronicle.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560#primaryimage"},"image":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560#primaryimage"},"thumbnailUrl":"https:\/\/floridamovingchronicle.com\/wp-content\/uploads\/2026\/07\/e8acb0029c17f08b194ac293f783f02e.jpg","datePublished":"2026-07-02T12:02:25+00:00","author":{"@id":"https:\/\/floridamovingchronicle.com\/#\/schema\/person\/482f60b6a0b7cc84b37966d78057552f"},"breadcrumb":{"@id":"https:\/\/floridamovingchronicle.com\/?p=2560#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/floridamovingchronicle.com\/?p=2560"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/floridamovingchronicle.com\/?p=2560#primaryimage","url":"https:\/\/floridamovingchronicle.com\/wp-content\/uploads\/2026\/07\/e8acb0029c17f08b194ac293f783f02e.jpg","contentUrl":"https:\/\/floridamovingchronicle.com\/wp-content\/uploads\/2026\/07\/e8acb0029c17f08b194ac293f783f02e.jpg","width":1200,"height":675,"caption":"Modern design and urban residential condos tower over the older office buildings as the Brickell City Centre, a $1.05 billion shopping and mixed-use project that span up to five blocks to the west of Brickell Avenue and to the south of the Miami River, in the Brickell district of Greater Downtown."},{"@type":"BreadcrumbList","@id":"https:\/\/floridamovingchronicle.com\/?p=2560#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/floridamovingchronicle.com\/"},{"@type":"ListItem","position":2,"name":"Miami has the most expensive office rents in the country. Go inside the trend"}]},{"@type":"WebSite","@id":"https:\/\/floridamovingchronicle.com\/#website","url":"https:\/\/floridamovingchronicle.com\/","name":"Florida Moving Chronicle","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/floridamovingchronicle.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/floridamovingchronicle.com\/#\/schema\/person\/482f60b6a0b7cc84b37966d78057552f","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/floridamovingchronicle.com"],"url":"https:\/\/floridamovingchronicle.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/posts\/2560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2560"}],"version-history":[{"count":0,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/posts\/2560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=\/wp\/v2\/media\/2557"}],"wp:attachment":[{"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/floridamovingchronicle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}