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Florida retailers see rents climb as demand outpaces supply

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Shopping centers’ concepts continue to evolve as developers of massive mixed-use regional projects lean heavily on entertainment features and more sophisticated dining options to entice shoppers. Although several megamalls are on the drawing boards in Florida, development in the near term is lagging behind demand, keeping occupancies and rents high.

JLL’s 2018 Fall Florida Retail Report breaks down the big-picture trends that are changing the face of retail as well as the… Read More