Florida People & Companies, October 23, 2026
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $20.2B across 49 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
Arcadia Real Estate Developers launched sales and leasing at Vitalis Tower, a seven-story medical and professional office development in Aventura. The tower is located at 21291 NE 28th Avenue on a 1.63-acre site, less…
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