Florida continues to dominate in the retail sector as more Americans migrate to the state. Currently, it has a multitude of strong fundamentals, as revealed in a recent report by Colliers.

For example, retail vacancies in The Sunshine State are at 3.2 percent, the lowest point since 2007.

When it comes to total transaction volume, Florida generated about $3.24 billion in sales in the first six months of 2024, up 35.8 percent year-over-year.

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