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.
