- • While total sales volume eased 13%, buyers targeted prime office and industrial spaces.
- • International migration gains help offset domestic shifts across Miami-Dade.
- • Top Latin American buyers command a dominant share of foreign purchases.
May 2026 — Foreign capital is flowing back into Miami commercial real estate, and the timing matters. With the Federal Reserve holding its benchmark rate steady through the first half of 2026 and the dollar softening against major currencies, Latin American, European, and Middle Eastern investors are again finding reasons to invest Miami — a market that weathered the 2024 to 2025 rate cycle better than nearly every other major US metro.
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While the overall Miami-Dade commercial market saw total transaction volume ease by 13% year-over-year to $1.16 billion in 1Q26 due to broader macro constraints, institutional allocators and family offices remained aggressively focused on prime assets. Brickell and downtown office occupancy remained resilient, proving the stability of the urban core as financial services tenants — many relocated from New York and Chicago in recent years — expanded footprints rather than subleased them…