2013 was a year of slow but steady growth, particularly in the commercial real estate sector. Activity remained centered around the Beaches and Southside, but there were also some projects in Downtown Jacksonville as well, creating a promising start to the new year.
Some highlights of the year in commercial real estate include:
- Office space saw a continued steady growth. B While the growth of the office leasing market may be slow in South Florida, its steady growth is a positive sign for sustainable continued growth- no danger of a burst bubble.
- One of the greatest comeback stories of 2013 was retail development. After years of stagnation, businesses are finally making use of commercial real estate space.
- Retail and community developments were planned, so we can expect more buildings to be built and leased in 2014.
Morris Southeast has years of experience matching businesses to real estate. Contact us to see how we can help meet your South Florida commercial real estate needs.
Tags: commercial real estate, commercial real estate in south florida, Commercial Real Estate Trends, South Florida commercial real estate services, South Florida office property
