South Florida Commercial Real Estate Market, It’s a Steal
While booming, South Florida commercial real estate market is still considered a steal.John Bell, managing director of DTZ Rockwood's investment sales activities in Miami says, "We're still viewed as very reasonable by investors".
Since Miami doesn’t command the prices Manhattan does, many investors are seeking office and industrial deals in the region. Bell and other real estate brokers report more interest than actual inventory.
According to CB Richard Ellis, real estate investment trusts have become more aggressive, as have equity funds. As a result, current acquisitions require hard money up front and short closing periods.
Full Article....South Florida commercial Real Estate, Its a Steal!
No comments:
Post a Comment