[IMGCAP(1)] (Crystal Proenza is associate editor of Real Estate Florida.)

BOCA RATON, FL-It seems every few weeks another report is released describing the softening and rising vacancies of South Florida’s commercial real estate market. The residential crisis has spilled 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 good decisions in good and bad markets,” says George Ledwith, vice president of development with Liberty Property Trust in Boca Raton. Companies such as Liberty are persevering and even prospering in South Florida, despite decreased activity in the market.

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