Miami

Granada Shoppes, a 307,000-square-foot retail center in Naples, FL, has been acquired by Brixmor Property Group.

South Florida has long been a landing pad for Northeasterners, but new demand is flourishing in Tampa, Orlando and Jacksonville.

The advantages of strong Sun Belt markets, high-demand grocery-anchored assets and the REIT's own time-tested approach prove to be a winning investment combination.

Inevitably, the question many investors and developers are asking is, "Is this a bubble and if so, when is it going to pop?"

"My colleague once told me that I should 'always perform the job I wanted, and the job that I had,'" says Yudi Fernández Kim of Schwartz Media Strategies.

"Miami is so well-known for its diverse population, exciting attractions and beautiful beaches. But just as impressive is the flourishing business community the city has created."

"While a crisis indeed, COVID was an accelerant for the trends and shifts in our industry that were already afoot. While we cannot always anticipate change, we must work to build a business that can handle change and use it to our advantage," says Scott Meyer, CFO of PTM Partners.

"When considering relocation, we prioritized a space that allowed for continued and sustained growth and served as a physical representation of Reed Smith's reputation in the market — thriving, soaring, energetic and well-connected."