While South Florida 's office market has begun to cool , demand for Class A space remains strong . Major deals for high - end offices in recent months have achieved high prices , with the sale in January of 1111 The Miami-based commercial real estate firm paid about $200 per square foot for the 174,000-square-foot property known as the Kendall Summit Office Park at 11400 to 11440 North Kendall Drive. Brickell Avenue , also known as the Sabadell Financial Center , the richest this year . Demand for Class A property has come at the expense of the Class B space , according to a recent study .
While South Florida 's office market has begun to cool , demand for Class A space remains strong . Major deals for high - end offices in recent months have achieved high prices , with the sale in January of 1111 Brickell Avenue , also known as the Sabadell Financial Center , the richest this year . Demand for Class A property has come at the expense of the Class B space , according to a recent study .