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South Florida Retail Markets Show Sub-5% Vacancy

Despite oft-repeated fears of retail’s pandemic-drive demise, South Florida’s retail sector is enjoying a combination of low vacancy rates, resilient rental rates and robust leasing and investment sal

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Summary

Despite oft-repeated fears of retail’s pandemic-drive demise, South Florida’s retail sector is enjoying a combination of low vacancy rates, resilient rental rates and robust leasing and investment sales.

That’s according to market reports released Thursday by commercial real estate brokerage Colliers.

In Miami-Dade County, the retail market experienced net absorption of 378,795 square feet, driving […]

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