(Crystal Proenza is associate editor ofRealEstate Florida.)

BOCA RATON, FL-It seems every few weeks another report isreleased describing the softening and rising vacancies of SouthFlorida's commercial real estate market. The residential crisis hasspilled over into the commercial sector and seems to be lingering,though the story isn't doom and gloom for every submarket.

"Those companies that are around for the long term make gooddecisions in good and bad markets," says George Ledwith, vicepresident of development with Liberty Property Trust in Boca Raton.Companies such as Liberty are persevering and even prospering inSouth Florida, despite decreased activity in the market.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.