The Green Street Commercial Property Price Index jumped by 4.4% last month. Prices of every asset type included in the index increased. In some cases, like self-storage, industrial, and manufactured home parks, prices are hitting new highs—and are now 15-25% higher than pre-COVID marks.
The piece of land a hot ticket item for some. It’s 61 acres located near U.S. 27 and Sheridan Street in Pembroke Pines. E-commerce giant Amazon could now be the one to take over the land – if they still want it.
Watching eight emerging trends forced by the COVID-19 pandemic, local industry leaders are rethinking their answers to a range of questions, including how buildings are designed, how goods are delivered, and where and how tenants want to live.