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Is Miami A Good Destination For Investors?

In many ways, Miami is a paradise: nice weather, cultural diversity, excellent geographical location, low taxes, quality education, and many opportunities for businesses.

With these features, Forbes Magazine described Miami in a recent report in which the city stands out as the best place to create new businesses.

Does this recognition make Miami is a good destination for investors? Is this a good time to invest? The short answer to these two questions is: it depends on the industry in which you want to invest, how you want to do it, and in what areas.

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Doral’s Office Market Seeing Unprecedented Rental Rate Growth

A residential boom over the past few years — the population rose by 26.1% from 2010 to 2016 — has also boosted the office sector. CREC Senior Vice President Doug Okun, who supervises leasing at Lennar Corporate Center, said there is a 91% occupancy rate in the city, and that space in a Class-A building can fetch $40/SF.

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