Comments on: Q&A: Jose Juncadella Speaks to Serviced Office Trend in Miami

By: Jennifer LeClaire

Jennifer LeClaire — Tue, 14 Apr 2009 17:39:14 +0000

Jucandella scratched the tip of the iceberg here on the executive office suite front in Miami. I don’t think markets like Florida, Arizona, Nevada and California have seen the worst of it yet. The housing markets in those regions are going to see more foreclosures and may lead to rising unemployment and more new business start-ups. It will be interesting to see how the executive office suites industry performs in these key markets over the next year.

By: Melanie Jones

Melanie Jones — Tue, 14 Apr 2009 12:11:43 +0000

What’s the most interesting is how executive office suites will impact Miami’s downtown area in the years ahead. There’s three our for mega office buildings coming online in Miami in 2010, I believe. Will certain floors be relegated to serviced offices because there’s no big tenants to fill them? I guess we’ll have to wait and see.

By: Rob Zeus

Rob Zeus — Mon, 13 Apr 2009 19:09:18 +0000

I like the line about executive office suites being deemed the “solution to an empty building.” Today, it seems that phrase has broadened to be the solution for a troubled market. Executive office suites are no longer merely a filler for buildings without much occupancy. Serviced offices are becoming a force in this economy.

By: Marcus Hester

Marcus Hester — Mon, 13 Apr 2009 16:58:27 +0000

I love the Q&As you have been doing with leaders in the executive office suites industry. I also saw the one with Karen Condi about serviced offices, the growth, etc. Keep them up. It’s a great way for readers to get a quick pulse on office space trends, supply and demand, etc.

By: Jennifer LeClaire

Jennifer LeClaire — Mon, 13 Apr 2009 12:53:30 +0000

Hi Elizabeth – Yes, this is possible. We’ll reach out to other markets and see what kind of participation we can get on that front. I’m in Miami and know a lot of folks here, so this one was easy. Thanks for the suggestion.

By: Elizabeth Sanchez

Elizabeth Sanchez — Mon, 13 Apr 2009 12:50:37 +0000

This is an interesting study on the local serviced office industry market perspective from a seasoned real estate executive. Any chance you guys might do this in other markets? I think it would be valuable.

By: Bill Brookshire

Bill Brookshire — Mon, 13 Apr 2009 12:14:04 +0000

Fairchild Partners is a respected boutique commercial real estate firm in Miami, and Juncadella’s insights are right on. This guy has been in the local industry about as long as anyone, working with some of the biggest names in Miami real estate. To see that his firm is considering getting into executive office suites really says a lot.