Miami is more resilient to natural hazards than some may think
Just how vulnerable are real estate markets to natural hazards? We looked to Miami—a city associated with strong tropical storms and at the frontier of climate change—to analyze vulnerability. Going forward, CBRE Econometric Advisors will be using the power of maps to view real estate in a new dimension.
Older industrial assets will be challenged as occupier demand softens
Extraordinary industrial tenant demand amid historically tight availability has forced price-conscious tenants to older, less functional assets, but now the picture is changing. Tenants whose leases are rolling over will have abundant, amenity-laden space options, further disadvantaging older, less functional properties.