More S. Florida office buildings being converted to condos
As the conversion of apartments to condominiums continues at a frenetic pace in South Florida, a new trend is on the horizon that looks to be just as popular with local developers. Now, office buildings are being sought out by developers planning to convert them to office condominiums.
“The office-condo revolution is enabling building owners to sell out at prices that are too good to be true,” said Scott Sime, managing director for CBRE in Miami-Dade County. “It’s stimulating the office sales market.”