South Florida’s reputation will help weather the storm for commercial real estate

South Florida’s reputation will help weather the storm for commercial real estate

2022-07-12T06:27:56-04:00May 21st, 2020|Economy, Invest:Insights, Invest:Insights Miami, Miami, Video|

Thanks to South Florida’s reputation and favorable tax structure commercial real estate will weather the storm caused by the coronavirus pandemic. Many international and out of state investors have taken a boots on the ground approach to their investment activity, Location Ventures CEO Rishi Kapoor told Invest: Insights. The firm saw $12 million in new sales during the outbreak of the coronavirus as investors from the Northeast look at Miami for viable commercial real estate. A potential surge in flex space is likely as social distancing measures and remote work disrupt office dynamics across businesses, Kapoor said.