Affordable Commercial Real Estate Makes South Florida A Prime Location For Companies Worldwide
Monday, May 21 2012 @ 10:57 AM MSK
If there is one good thing that has come about after the market crash which left the South Florida region at one of its lowest points in decades, it would be the fact that numerous companies have come to find the opportunity to find affordable Florida commercial real estate properties within the region which is something that would have never been possible if it were not for today’s market conditions.
South Florida has always been one of the most exceptional regions within the United States. Its location has made it a major gateway to the country which in turn makes it one of the most ideal locations for any company who is looking to branch out into as many people as possible.
According to a recent survey, among the prime options for companies within South Florida today is Miami where all four sectors of the commercial real estate market have been known to do impressively well in the last couple of quarters.
Aside from the fact that people are now able to take advantage of finding cheaper options on today’s Florida commercial real estate market, it has also been made apparent that there are other factors which influence companies’ decisions when it comes to choosing their location and two of those factors include reasonable taxes as well as lower labor costs.
In fact, the average weekly wage within South Florida is now $870 which means that companies who are looking to find the lowest payroll costs will find it to be in their best interests to move into the world-class region where a building a workforce is not going to stand in the way of being able to achieve long-term company goals.
While the labor costs and location of the region has always been something known to companies around the world, the fact that the price of Florida commercial real estate properties have been one of the major factors which have prevented companies from pushing forward with their plans to move into the region has definitely been an issue for many. However, all that has changed because people are finally capable of being able to make the best decisions for their respective companies simply because they have the financial resources to do so.
Also, while the affordability of properties is indeed a major factor in what makes the region an ideal location for companies worldwide, the fact that Florida commercial real estate is among the best options that offer the highest value within the country will definitely be a factor that can never be denied.