"Central Florida will remain among the most attractive retail markets in the nation," says Steven M. Ekovich, vice president/regional manager, Marcus & Millichap. The reason: Ongoing population and employment growth.

"Unlike many regions, Central Florida has the luxury of continued population growth without relying completely on job creation," Ekovich says. "While the tourism industry has experienced some difficult times, the population shifts that have tilted the country to the south will continue to fuel the region's economy."

Another retail watcher, John M. Crossman, senior vice president/retail services director, Trammell Crow Co., Orlando, tells GlobeSt.com "overall, the (retail) market is surprisingly steady."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.