Pent-Up Optimism

Gulf Coast commercial real estate industry sees improvement ahead in the coming year after virus-related setbacks in 2020.

  • By Kevin McQuaid
  • | 6:00 a.m. January 8, 2021
COURTESY RENDERING -- The $1 billion Sarasota Quay development is among a number of Gulf Coast commercial real estate projects expected to regain traction in 2021.
COURTESY RENDERING -- The $1 billion Sarasota Quay development is among a number of Gulf Coast commercial real estate projects expected to regain traction in 2021.
  • Commercial Real Estate
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Following a year in which Gulf Coast commercial real estate values dropped in some sectors, transactions went on pause, occupancy in some quarters fell and rent collections lagged, industry participants contend 2021 will provide a significant rebound.

 

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