While Broward County has experienced some positive momentum, ultimately, the success of Broward County’s office real estate market will depend upon sustained employment growth and job creation, according to Transwestern’s Broward County Office Market Report 1Q2013.
Local government agencies are ramping up incentive programs to include job growth cash incentives and capital investment tax credits that are intended to attract new-to-market employers despite the ongoing uncertainty that surrounds Washington.
The good news is that as market fundamentals continue to improve in 2013 and demand for office space advances, Transwestern expects the investor pool interested in Broward to grow as well and the investment market to become more competitive than in years past.
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