ComReal Coral Gables presents our Q1 2020 Market Report for Office and Retail.
Like the national market, the Gables market was at an advanced stage in the economic cycle before the coronavirus crisis onset. Now, most construction has been halted and it is likely that thousands of square feet will end up back on the market. That said, both the state and the federal government are looking at measures to support businesses in the area. The economic outlook remains uncertain as the full impact from the coronavirus crisis onset is unknown at this point. Click here to continue reading our analysis.
ComReal is continuously updating forecasts as information becomes available. We are still working hard and are available to assist you with any of your commercial sales or leasing needs. Contact us any time.