MIAMI—What does 2014 have in store for South Florida's industrial, multifamily, office, and retail commercial real estate markets? That depends, in part, on whom you ask. GlobeSt.com asked two local industry players for their predictions for 2014. (Stay tuned for more predictions in the days ahead.)

Lloyd Berger, founder and president of Berger Commercial Realty, tells GlobeSt.com: “In Broward and Dade counties, we are seeing a resurgence of small industrial users looking to lease and filling up space, a good sign for small business. Demand is still strong for larger industrial leases as well.

"On the sales side, there is a strong demand from intuitional and local investors for class A and class B properties, but a lack of product. If there is anyone left that wants to sell industrial property in South Florida, 2014 is the time to do it.”

Steve Hyatt, senior vice president of Berger Commercial Realty, tells GlobeSt.com: “Downtown Fort Lauderdale is seeing a surge in sales activity, primarily in multifamily, small infill retail and well-located office buildings. This past year alone, we have brokered sales totaling $24 million for six properties in the area south of Sunrise Boulevard, east of Interstate 95, and west of Federal Highway.

“Sales included the Justice Building at 524 South Andrews Avenue, adjacent to the new 730,000-square-foot Broward County judicial complex under construction, for $3.6 million, and the Broward Station office building at 111 NW 2nd Avenue, the proposed home for a new All Aboard Florida train terminal, for $7.9 million. In 2014, we're expecting to close on a 24,000-square-foot office building and two land deals. I predict sales will stay strong throughout the year in this sub-market of Broward County.”