MIAMI—Much of the South Florida commercial real estate talk revolves around Miami. That makes good sense with the likes of Brickell CityCentre, Miami WorldCenter and other transforming projects underway in the urban core.
But Fort Lauderdale is not going unnoticed on the radar screens of commercial real estate developers and investors. In fact, Fort Lauderdale has hit its stride.
“Beyond the basic fundamentals of a growing economy, low interest rates, and availability of debt and equity, there are a number of reasons that the commercial investment sales volume has been so strong in Fort Lauderdale, David Duckworth, vice president of Avison Young, tells GlobeSt.com. Specifically, he points out recent history.
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