With rapid population growth and new tax policy eliminating sales tax on commercial leases, Florida is attracting a surge of interest from both retail tenants and investors.
SRS’ Stephanie McCullough (Retail) and William Wamble (Capital Markets) weigh in on Florida’s momentum, breaking down trends in leasing, net lease demand, and the new wave of investor activity flooding the state.
Key Takeaways:
– Florida’s population growth and tax policy are fueling record investor and tenant demand
– Cap rate compression and 1031 activity are driving premium pricing for retail assets
– Limited availability is creating off-market deal flow and giving landlords the upper hand
Read more at Shopping Center Business.