Miami is a winner in the office space slump. The metropolitan area has outperformed and is set to continue to do so, according to Capital Economics. But its triumph wasn’t enough to save Andreessen Horowitz’s "Wall Street South" office, it seems.
In May, the venture capital firm shuttered its Miami office two years after opening, Bloomberg reported on Wednesday, seemingly relinquishing its hopes of building a presence in what's become a burgeoning hub for crypto and finance. Miami has been christened the “Wall Street South” as it has evolved into a new frontier financial center with more and more companies, and the billionaires who helm them, migrating to the Sunshine State.
