Migration Patterns Drive CRE Growth, Investments by Kevin Sanz, CCIM, MISRE

Posted on June 03, 2021

The past year of pandemic life has accelerated residential home sales, especially in warm-weather, secondary markets where buyers can find more room to roam – both indoors and out. As more people get vaccinated and re-enter society, we are seeing the impact of these demographic shifts on commercial property, where there has been an increased demand for grocery-anchored retail, restaurants and other tenants on which consumer rely for leisure and lifestyle activities. Unsurprisingly, businesses now operating with a remote workforce have also taken notice, relocating their corporate headquarters or expanded their footprint with new offices these rising markets.

With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.