Credit: Dabarti/stock.adobe.com. South Florida Office Market Sees Rapid Change Fueled by Mass Migration of Businesses
"It remains to be the most dominant sector that continues in the new-to-market sphere. I think the openness of business and business climate in South Florida has seemingly drawn in the past year, additionally our tax climate as a state, plus being a good-sized metropolis with much to offer," said JLL's Jeff Gordon.
September 13, 2021 at 06:00 AM
9 minute read
Special Reports Real Estate
South Florida's office market is rapidly changing as the COVID-19 pandemic has fueled a large migration of businesses to the region. The companies, many of which are from the Northeast, California and Midwest, are seeking to expand or relocate to take advantage of the state's tax benefits, lifestyle and prime real estate.
Many businesses are attempting to get back to "regular life," which means going back to the office. That means the office market will likely start to see more normalcy, despite thousands of Delta variant cases, according to Todd Rosenberg, managing principal and co-founder of Pebb Capital, a multi-strategy real estate and private equity investment firm in Boca Raton.
Todd Rosenberg, co-founder with Pebb Capital. This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
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