Coral Gables Second Generation Restaurant, a 4,418-square-foot retail property in Coral Gables, Florida. 2 Miami-Dade Properties Sell for Millions as Demand for Retail Space Rises
In Florida, vacancy is the tightest as employment gains outpaced the national average, and as more vacationers and flexible work options allowed more people to go out more frequently.
November 16, 2022 at 03:57 PM
3 minute read
Commercial Real Estate
As inflation increases and consumers prepare for the holidays, retail spending nationally has declined as consumers prioritize necessities amid concerns over an economic shutdown. But one sector that has kept ahead of rising prices is bars and restaurants, according to an October 2022 Retail Report from commercial real estate brokerage firm Marcus & Millichap.
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