After Distraught CRE in Miami-Dade began its comeback more quickly than much of the nation. In February, the county gained jobs faster than other locales around the state. And CoStar revealed that vacancy in Miami-Dade declined for five consecutive quarters. International commerce is helping to boost the area, with imports up more than 30 percent and exports up 20 percent, according to the article.
The news is encouraging, but of course it doesnb t guarantee a strong recovery for the area. Do you think CRE in Miami will continue to bounce back quickly? Leave a comment to share your thoughts.
Tags: commercial real estate, CRE, international commerce, Miami, Miami-Dade County, Morris Southeast Group, South Florida, vacancy, values