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South Florida

WATCH: Top commercial brokers on South Florida’s rising retail rents and evolving tenant mix

They acknowledged vacant storefronts and challenge of keeping tenants

Miami is somewhat immune to challenges that face retail across the country, a group of top brokers told a crowd at The Real Deal’s Fourth Annual Miami Real Estate Showcase & Forum in October.

Lyle Chariff, Tere Blanca, Avra Jain and Jonathon Yormak were joined by TRD’s South Florida Managing Editor Ina Cordle on a panel titled “Commercial’s Hot Pockets: From broker poaching to an evolving tenant mix, what’s making headlines in the Miami market.”

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Despite the optimism, brokers and developers said they were challenged by vacant storefronts, high rents and creating the right tenant mixes.

Check out the full video above. – Katherine Kallergis

Produced by Jhila Farzaneh.