Darcie Lunsford |
FORT LAUDERDALE, FL– NAIOP South Florida, the Commercial Real Estate Development
Association, kicked off 2020 with its annual Economic Outlook.
Jay M. Caplin |
Panelists included: Square2 Capital Principal Jay M.
Caplin; Link Industrial Properties Managing Director of Southeast
Investments Clifton H. Coffey; Stiles Chief Investment Office and
Board Director Rocco Ferrera; Duke Realty Vice President of Leasing
and Development and NAIOP South Florida Board of Directors President Stephanie
Rodriguez; and Wells Fargo Senior Economist and Managing Director Mark
Vitner.
“There are two major areas that we should consider going into 2020,” Vitner said. “The first is the emergence of data as a currency – any purchase made online is not only an exchange of funds, but it is also an exchange of information that can be just as valuable as the financial transaction.
Clifton H. Coffey |
“There are two major areas that we should consider going into 2020,” Vitner said. “The first is the emergence of data as a currency – any purchase made online is not only an exchange of funds, but it is also an exchange of information that can be just as valuable as the financial transaction.
"The second is the worsening imbalance between housing costs and
income for most Americans. Increased cost of construction and the shortage of
housing inventory has caused property values to skyrocket.
Stephanie Rodriguez |
Panelists also gave their takes on topics ranging from GDP, the
state of the real estate cycle, the economic impact of the presidential
election, commercial real estate trends in 2020, the impact of trade wars and
tariffs, negative interest rates and more.
For upcoming NAIOP South Florida events, visit www.naiopsfl.org.
About NAIOP South Florida
NAIOP South Florida is the largest chapter of NAIOP in the state.
With more than 350 members representing constituents in Miami-Dade, Broward, Palm Beach, Martin and St. Lucie counties, the chapter is the leading commercial real estate development organization in the region.
NAIOP supports
commercial real estate professionals with advocacy, education and business
opportunities and connects its members through a powerful North American
network.
With more than 350 members representing constituents in Miami-Dade, Broward, Palm Beach, Martin and St. Lucie counties, the chapter is the leading commercial real estate development organization in the region.
Mark Vitner |
About NAIOP
NAIOP, the Commercial Real Estate Development Association, is the
leading organization for developers, owners and related professionals in
office, industrial, retail and mixed-use real estate.
NAIOP comprises 20,000
members in North America. NAIOP advances responsible commercial real estate
development and advocates for effective public policy.
CONTACT:
Samantha Van Nuys
O: 954.776.1999 ext. 115 |C:
954.648.9132
6451 North Federal Highway, Suite 1200
Fort
Lauderdale, Florida 33308
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