Miami Real Estate Headlines — Oct. 31, 2022October,31 2022
Miami International Airport soars to new heights with direct flights to Israel and Dublin. Class-A office rents in Miami signal the city doesn’t have enough office space to meet demand. And famed singer Diana Ross joins the star-studded list of celebs buying Miami homes. Here are your Miami real estate headlines this week:
Hello, I’m Arno De Vos, and here’s a look at the latest Miami real estate headlines:
Miami international airport soaring to new heights this week, welcoming two new additions to its direct international flight arsenal: Israel and Ireland. The next Miami reporting the new additions off to a flying start with business class seats selling out for all November and December flights.
And move over winter, Miami is just getting hotter, with commercial real estate. Bisnow reporting that a potential recession is hitting the commercial real estate sector — unless you're in south Florida. CBRE data showing class-a office rents in Miami jumped a whopping 17% year-over-year in q3, with brokers saying "The city simply doesn't have office space to meet the demand."
Adding to Miami's megastar list, architectural digest reporting, famed singer and actress Diana ross buying a $15.5-million-dollar waterfront home on San Marco island here in the magic city. The jaw-dropping property home to a five-bedroom five-bath mansion overlooking Biscayne Bay.
And that wraps up today’s headlines impacting Miami real estate. For more on these stories, head over to Miami-re-news-dot-com. My name is Arno De Vos with Cervera real estate in Miami. Hit that share button and thank you for watching.
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