As we move towards mid-2022, headwinds can be felt coming off the horizon heading straight towards the commercial real estate recovery efforts.
Work from home implementation for office tenants, record high rents, rising construction costs and supply shortages, cost of funds, government regulations, wars, stock market crash, and oh – remnants of the pandemic: all threaten the commercial real estate recovery that commenced in 2021.
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Jorge Morales is President of Blue Box Real Estate, LLC – an independent commercial real estate firm in South Florida. Please visit www.blueboxre.com.