Miami is perhaps the most well-known city in the state of Florida b one that has long attracted tourists from around the world and all over the United States. While many different areas in the United States are recovering for a sluggish economy, Miamib s is ahead of the curve for a variety of reasons. That means it could be a good opportunity for business owners and private investors looking into South Florida real estate for commercial gains.
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Foreign investors are spending more money on commercial real estate in Miami. When new money comes into an area youb ll see expansion and growth in the business and private sector.
- Unemployment numbers are down in the South Florida area. The national average as of April 2, 2014 was 6.7% — that number is lower at only 6.2% in the Miami area. That means more businesses are expanding and hiring.
- More growth is expected in Miami toward the tail end of 2014 with businesses expected to open and commercial developments expected to begin. Itb s an ideal time for investors and business owners to get in on the ground floor.
Contact Morris Southeast for more information about South Florida commercial real estate.
Tags: commercial real estate, commercial real estate in south florida, Commercial Real Estate Trends, miami commercial real estate, Miami office property, Miami-Dade County
