‘Altering For the Higher’: Palm Seashore County Having fun with Actual Property Enhance, however COVID-19 Took Toll on Retail

Palm trees along the Intracoastal Waterway and the skyline at night in West Palm Beach, Florida. Credit: Jon Bilous/Shutterstock

Palm Beach County is in for strong 12 to 18 months, according to Colliers International's Q2 market report, which said the demand for Class A office space has increased, shopping malls have largely weathered the COVID-19 pandemic, and industrial inventory is nearly half a million square feet.

Palm Beach received one of the largest industrial shipments in a single quarter in the past five years, the report said. S.Several factors explain why the industrial market is doing so well, including the move to an e-commerce economy, the influx of migrants to Florida, tax reforms, and more investment in the industrial and multi-family sectors.


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