Office vacancies dropping

By Paul Owers, Sun Sentinel 7:31 p.m. EDT, June 3, 2014 Office vacancies dropping

Rick Bonvie, a commercial real estate agent who focuses on eastern Fort Lauderdale, said Broward’s office market was extremely slow over the past two years. But he said activity has intensified in recent months.

During the Great Recession, landlords were unwilling to spend money to improve their properties, but now they are investing to attract tenants, Bonvie said.

“It’s been a night-and-day resurgence,” he said. “The confidence level has returned.”

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