6 Key Indicators About the Miami Commercial Real Estate Market
Miami’s commercial real estate market is very diverse due to the location as a coastal town, the cultural influence as a transportation hub between the Northern and Souther hemispheres, and the opportunities generated from various business sectors.
Additionally, there is a wealth of national and international funding pouring into the region as investing in the state continues to forecast favorably. In fact, HFF Securities recently ranked the top US CRE Investment Markets, and Miami stood in 11th place (just below Boston) with an investment score of 3.5
Miami also serves as one of the primary drivers for Florida’s commercial real estate market which shows consistent, positive signs through various metrics: economic growth, unemployment rates, vacancy rates, and foreign investments (to name a few). Many of those statistics are directly influenced by The Magic City.
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