By Melea VanOstrand | May 2, 2022
"The landlords like the security of the 10-year deals and it seems like right now, tenants, due to the competitive market, they're willing to do it to land the right deals," Dave Preston, executive managing director of retail services at Colliers in Miami.
By Melea VanOstrand | May 2, 2022
"Typically South Florida has a season of about six months where all of the snowbirds have come down from Canada, New York, and New Jersey. In light of COVID, all of those people came down, and then some more, and many of them never left," said Jaime Sturgis, Native Realty CEO.
By ALM Staff | February 15, 2022
South Florida's office market has changed drastically since the start of the COVID-19 pandemic. And as more and more financial and tech companies enter and expand in the region, that's presenting a range of challenges and opportunities for the commercial real estate market and its attorneys.
By Melea VanOstrand | February 14, 2022
"We have projects that are working around the clock, which is a very difficult task in this market," said A.J. Mueller of ORIGIN Construction, who noted the subcontractor market is "really at capacity."
By Melea VanOstrand | February 14, 2022
"The landscape is changing so quickly on a constant basis, that both landlords and tenants are taking the approach of 'wait and see what happens,'" said attorney Marko Cerenko of Kluger Kaplan in Miami.
By Melea VanOstrand | February 14, 2022
Strong leasing activity will drive more development in Miami's office market, particularly Wynwood.
By Melea VanOstrand | October 26, 2021
Is the real estate sector's love affair with South Florida in the honeymoon phase or built to last?
By Melea VanOstrand | October 25, 2021
"Everybody is looking for something to invest in right now, and investors have decided that South Florida hospitality is a good place to put some money," said Ali Lehson of Bilzin Sumberg.
By Melea VanOstrand | October 25, 2021
"We've had some amazingly successful developers, and we've had others here who have crashed and burned. I think doing your due diligence on the developer and its track record is critical,'' said Jay Sakalo, partner at Bilzin Sumberg in Miami.
By Melea VanOstrand | October 25, 2021
"If we have shutdowns or limited usage, it's going to affect rental income, and if interest rates go up, then I see that as adversely impacting price or a business if rental income is down."
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