Miami Mayor and presidential hopeful Francis Suarez and has long touted his city as a growing hub for tech companies, advocating for cryptocurrency expansion and personally recruiting the tech industry to Magic City. But despite talk of creating the “Silicon Valley of the South,” Miami’s tech sector hasn’t seen the booming growth the mayor and others predicted. 
Only two tech companies signed new leases in Miami-Dade County in the first half of 2023 for a combined 21K SF, according to a Bisnow analysis of leasing data from Savills, Cushman & Wakefield and Avison Young. The figures exclude expansions and renewals, and show that despite the record levels of venture…