L-R: Steven Hurwitz managing director with JLL, Michael A. Comras president and CEO of The Comras Company, and Mitash Kripalani, director investment services with Colliers International. Courtesy photos
Don't be fooled by all the development and growth happening in downtown Miami as big investment opportunities are in store in more suburban areas, experts said.
December 19, 2019 at 03:16 PM
1 minute read
South Florida real estate reporter
When hype about real estate growth in a certain area gets to be too much, it’s time to look elsewhere.
This seems to be how things go in real estate, and South Florida is no exception. This year big-name developers turned to somewhat forgotten and traditionally unexciting areas for new office and retail projects. And despite all the chatter about downtown redevelopment and population growth, it was the suburbs that boasted high multifamily rent growth and caught the eye of investors.
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