Florida is leading the nation in a retailrecovery. Miami is particularly strong for retailers. But we ain'tseen nothing yet.
Indeed, if that’s true now—and if retail trulydoes follow rooftops—imagine what will happen as the next wave ofmultifamily and condo development comes onlineover the next few years. I call it the impending Floridaretail boom.
In the last couple of weeks alone, I’ve reported about aWalmart Neighborhood Market-anchored shoppingcenter trading for a healthy $11 million in Largo, 530 Lincoln Road hitting the market in SouthBeach, several triple net deals trading, andJones Lang LaSalle bringing three retail heavy-hitters tomarket.
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