Tagged: industrial space demand

South Florida Construction Starts Soared 43% In 2021

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There were $14.1 billion in construction starts in South Florida in 2021, up from $9.85 billion the year before. That is much faster than the national growth of 12% in construction starts. CLICK ON THE HEADLINE FOR MORE

CRE’s Growth Forecast For 2022

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According to the National Association of Realtors, commercial real estate is expected to strengthen in 2022, especially in industrial and multifamily. Bottom line: CRE’s underlying demand fundamentals should more than mitigate the impact of the slightly higher interest rates in the new year. CLICK ON THE HEADLINE FOR MORE

Three Mega-Trends Shaping Real Estate

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Law firm Akerman LLP’s annual report on CRE sees the greatest near-term impact on development coming from the aging US population and two other trends that are already forming. CLICK ON THE HEADLINE FOR MORE

Beware: Construction Costs Rising Rapidly

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Brian Sudduth, a senior vice president of Miller Construction Company, expect owners and developers will see a continual upward trend in construction costs—but that’s not all he’s predicting. CLICK ON THE HEADLINE FOR MORE