Native Realty CEO Jaime Sturgis was quoted in a Globe St. article about retail assets outperforming others across the country.
Jaime emphasized that retail continues to outperform, especially in South Florida.
“Land is scarce in South Florida, so it is not easy to build large amounts of new retail product quickly, which creates a barrier to entry and makes existing product more valuable, especially urban core product in close proximity to significant density, which also increased substantially over the last few years,” Sturgis said.
You can read the full article here.