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The Southeast, including Florida, Georgia, and the Carolinas, is entering its next growth cycle
January 14, 2014
Thanks to the state’s improving economy, development that was at a standstill for a few years is starting to pick up, with some significant projects slated to break ground by the end of the year, says Dan Warren, the real estate practice leader at the Charlotte office of accounting, tax, and consulting firm Elliott Davis. “There are diminishing vacancy rates in multifamily housing, Class A office, industrial, and retail space, and this trend should continue,” says Warren. “As vacancies go down and rental rates increase, confidence is building in the market.” Read more (put link to http://urbanland.uli.org/capital-markets/special-section-florida-georgia-and-the-carolinas/)