How the Shift Away from Major Cities May Impact South Florida CRE

September 8, 2021

Major urban centers have always attracted corporate headquarters, but smaller cities are now competing for these firms The COVID-19 pandemic has changed many things in society. People are going out less, travel (while bouncing back) is curtailed, and the remote workforce is flourishing. We also saw a shift to the suburbs for many people early

Will There Be Durable Changes to the Workplace and CRE After COVID-19?

July 14, 2021

Some lessons of COVID might influence commercial real estate and offices for some time There’s hope and optimism throughout the country that we could be coming to the end of the COVID-19 pandemic. While it’s unlikely we’ll eradicate the disease, we’re getting closer to returning to normal life every day.  For example, as of this

Is South Florida Set for a Big Increase in New Construction?

June 23, 2021

The pandemic caused a downturn in new construction in 2020—and high material prices are a concern—but South Florida seems poised for a rebound. COVID-19 turned 2020 into an unprecedented year, as stay-at-home orders, lockdowns, and consumer hesitancy caused issues for many sectors of the economy. Restaurants and hotels mightily struggled because people weren't traveling, and

What CRE Developments Could Mean for Miami’s Economically Underprivileged Neighborhoods

June 16, 2021

Some of Miami’s neighborhoods could see significant investment in the coming years as corporations buy up buildings further away from the financial district South Florida is experiencing strong commercial development, with major firms like Virtu Financial, Goldman Sachs Group, and Elliott Management setting up corporate offices. This trend might be turning the area into Wall

A Look at the Post-COVID Recovery of the Hotel Industry

February 24, 2021

The pandemic is severely challenging the hotel industry, and a bounce-back could take some time. Although the pandemic is causing massive economic disruption and putting numerous sectors in trouble, perhaps no industry is experiencing more significant challenges than hospitality. Consumers aren’t traveling anywhere near pre-COVID levels despite the lift of initial travel restrictions, putting a

Is the COVID-19 Move to the Suburbs a Durable Trend?

January 6, 2021

Many Millennials no longer want to live and work in urban centers—but how much of the shift is driven by the pandemic or whether it’s a lasting trend is unclear. As Millennials start having children and wanting different things out of life, many find suburban living more appealing. This trend started before the global pandemic

The Work-From-Home Movement and Its Effect on Office Space

November 18, 2020

More people are working from home than ever before, but the trend won't make office space obsolete COVID-19 is causing challenges in all walks of life, as everything from going to the grocery store to interacting with friends is different than it was this time last year. And as coronavirus cases increase across the country

Creative Ways to Repurpose Abandoned Malls & Big-Box Stores After COVID-19

October 28, 2020

Many large retail spaces are sitting empty because of retailers going out of business, but there are novel strategies to reuse these spaces Although the struggles of shopping malls and big-box stores aren't new, as eCommerce has been cutting into their sales for years, the COVID-19 pandemic has been the final straw for many retailers.

5 Reasons Commercial Real Estate Occupiers/Tenants Benefit from Using a Tenant Rep Advisor

July 22, 2020

Lease Agreement Negotiating the new normal during the pandemic’s fallout and beyond Over the past few months, we’ve written a lot about the impact COVID-19 has had on commercial real estate. In a short span, the landscape drastically changed—from commercial real estate (CRE) prospects to rent strategies to strategies for business survival. Another area that

Millennials on the Move to the Suburbs?

July 8, 2020

The new downtown is often in suburbia Leave it to the Millennials. Regardless of the misplaced blame that generation receives, there’s no denying that they have single-handedly changed the real estate landscape as much as Boomers have. Consider the urban downtown landscape, a space that was transformed by a live/work/play lifestyle that embraces walkability and

South Florida Commercial Trend: Going Green

July 28, 2014

Green commercial building is something thatbs catching throughout the country b no surprise considering the fact that more businesses are becoming more aware of the impact that they have on the environment. Green construction is especially prominent in South Florida, where Miami is one of the top cities for green commercial buildings. According to a