According to a recent JLL report, Miami continues to show strong trends regarding flight-to-quality as both new-to-market and existing tenants seek new Class A and Trophy product space.
A solid and ultimately profitable deal with tenants dealing with marijuana products is certainly possible, but they require significant due diligence, thought, and consideration.
In a recent earnings highlight, Michael Frankel and Howard Schwimmer said that the REIT is well-positioned with extensive embedded and external growth opportunities.