Blog

Q3 Market View | Retail

The retail segment is undergoing large shifts as e-commerce emerges. Malls and large department stores are experiencing most changes as consumers change spending habits. Retail facilities in urban and mixed-use settings continue to experience traffic and remain resistant to change. The strengthening...

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Blog

Q3 Market View | Office

The office segment is in different cycles in South Florida’s markets. Miami experiences softening demand, with declining lease rates and increasing vacancies.  Broward’s and Palm Beach’s office market, however, is favorable with strong job growth and limited supply. Click below to view the full...

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Blog

Q3 Market View | Industrial

The industrial segment in Florida remains a hotbed of activity with vacancy rates below 4% and rising lease rates. The emerging e-commerce sector has become a driving force behind the expansion of the industrial segment, which is fueling demand for regional warehouse-distribution center and modern storage...

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Blog

Q3 Market View | Apartment

The apartment construction boom in South Florida remains unbroken, as substantial amounts of inventory are under development. Slowing rent growths and vacancy declines indicate that the market is entering a state of maturity. High construction costs and the fear of overbuilding make it difficult for...

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