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The new wave of office lease deals are likely to raise a few eyebrows.

Flash back two years.  Landlord's market.  Up.  Up.  Up....  Then the sense that it was starting to level off a bit.  At some point, the landlrod market stopped and the tenant market began.

When did it happen in Miami.  Downtonw Miami.  Let's start with renewals of existing tenants.  The Carlton Fields renewal at (the soon to be renamed) Miami Tower was an initial turning point.  Danet Linares helped Wealth Capital land Carlton Fields with a mere tenant improvement allowance and a not too steep rent increase.  $38.00 psf renewal looks like a genius move by Linares.