Broward County posted the strongest growth in South Florida office investment in 2025, outpacing both Miami-Dade and Palm Beach on a year-over-year basis. Office sales volume in Broward jumped 93 percent to nearly $651.5 million, according to an analysis of CBRE data, helped in large part by Fort Lauderdale’s $221 million sale of Bank of America Plaza at Las Olas City Centre.
Miami-Dade still led the tri-county region in total office dollar volume, reaching about $1 billion for the year, but that figure was down almost 26 percent from 2024. One of the biggest drivers there was the $274.4 million all-cash purchase of Sabadell Financial Center in Brickell by the family office of Zara founder Amancio Ortega, a deal that lifted Miami’s fourth-quarter total to more than $653 million.
Palm Beach County also turned in a solid year, with office sales rising more than 51 percent to just under $536 million. Taken together, the numbers suggest that while Miami still commands the largest office trades in South Florida, investor momentum in 2025 spread more broadly across the region, with Broward standing out for the sharpest gain.
The broader backdrop remains mixed. Nationally, demand has been strongest for higher-quality office properties, while older buildings continue to face pressure from weaker fundamentals and conversion discussions. In South Florida, office investment peaked in 2021, but 2025’s results show that buyers are still active when well-located assets come to market.
Source: The Real Deal
