Future-proofing commercial real estate properties may never be more important than now. The recent hurricanes Helene and Milton wreaked havoc on the Southeast especially West Central Florida.

From Hurricane Helene alone, Moody's RMS Event Response expects private market insured losses to range between $8 billion and $14 billion. Jefferies equity analyst Yaron Kinar for Milton and other experts expect Milton to result in $175 billion in landful losses for Tampa, and $70 billion for the Fort Meyers region, according to a note posted by CNBC.

Florida is of course seen as a popular state to move to thanks to warmer temperatures and lower taxes. It's also considered a business-friendly place to operate. But the recent events can't be ignored and everybody must consider whether Florida is a viable place to live and operate. And it appears that's already happening, as a Redfin report this month found that nearly a third of US residents between the ages of 18 and 34 said they are reconsidering where they want to move in the future after the recent hurricanes hit Florida and some Sunbelt areas.

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