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MIAMI—As a result of a strengthening South Florida commercial real estate economy over the last year, and in particular retail, vacancies within quality properties in prime areas are scarce and competition for space is steep. For national retailers with large footprints that are built upon consistent market penetration, the question at hand is this: Has their potential for successful expansion peaked due to low space supply?

GlobeSt.com caught up with Don DeWoody, a principal at Avison Young in West Palm Beach, to get his take on that question. DeWoody represents fast-expanding clients such as Starbucks, Panera Bread, Chase Bank, and AT&T.

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