IP Capital Partners is looking to take advantage of one struggling asset class and one that is surging – the office and industrial sectors.
Most notably the office space is looked at as a scary place for investors in the current landscape. Since the onset of the pandemic, the popularity of working from home has surged – hurting the office sector and driving up vacancies. In fact, tenants now need 18 percent less space, which comes out to below 160 square feet, a Moody's report found.
But South Florida and Tampa Bay, which is where IP Capital has been focusing on, might be the exception.
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