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Florida: The New Frontier for International Business Expansion

By Commercial Brokers International

Florida’s dynamic business landscape is attracting international companies and brands at an unprecedented rate, creating exciting opportunities in the state’s commercial real estate market. As a worldwide trading hub and gateway to the Americas, Florida provides unique advantages that are drawing international investment and fueling economic growth.

Why Florida?

  1. A Thriving Economy

Florida’s economy is the fourth largest in the United States and the 14th largest globally, outperforming nations such as Indonesia and Spain. Florida offers a huge market opportunity for foreign enterprises, with a population of 22 million people and an economy worth more than a trillion dollars. (Source)

  • Strategic Location

Florida provides unmatched access to emerging markets as the main commercial gateway to Latin America and the Caribbean. The state is a great starting point for businesses wishing to reach throughout the Americas because of its advantageous geographic location and sophisticated multimodal infrastructure. (Source)

  • Business-Friendly Environment

Florida’s pro-business climate consistently ranks it among the most business-friendly states in the U.S. Key advantages include:

  • Low taxes and no income tax
  • Favorable regulations
  • Competitive costs of living and doing business
  • Skilled Workforce

Florida provides multinational businesses with a vast talent pool of highly educated, technically proficient, and culturally diverse workers, numbering 11.1 million. The state’s concentration on higher education, with 12 public universities, provides a consistent supply of skilled workers.

Florida stands out among other states for its thriving economy,
strategic location, and skilled workforce

Impact on Commercial Real Estate

The influx of international companies is having a significant impact on Florida’s commercial real estate market:

  • Office Space Demand

As more international firms establish their presence in Florida, demand for office space is likely to increase, particularly in major business hubs like Miami, Orlando, and Tampa.

  • Industrial and Logistics Growth

Florida’s role as a global trade hub is driving demand for industrial and logistics properties. International companies are seeking warehouse and distribution facilities to support their operations.

  • Retail Expansion

International brands entering the Florida market are fueling demand for retail spaces, from high-end shopping districts to mixed-use developments.

  • Technology and Innovation Centers

With Florida’s growing reputation as a center for innovation, international tech companies are likely to seek out spaces for research and development facilities.

Global businesses are rising in Florida commercial real estate market

Outlook and Opportunities

The future looks bright for Florida’s commercial real estate market, driven by international investment and remains open for business to the vast majority of international investors. The state’s economic development agencies continue to actively court foreign direct investment, offering resources and support for companies looking to establish or expand their presence in Florida.

For commercial real estate professionals, this influx of international business presents exciting opportunities. From helping companies find the perfect office location to developing state-of-the-art logistics facilities, there’s never been a better time to be in Florida’s commercial real estate market.

As Florida continues to attract global talent and investment, we can expect to see sustained growth and innovation in the commercial real estate sector. Whether you’re representing an international company looking to enter the Florida market or a developer seeking to capitalize on this trend, the Sunshine State offers a wealth of opportunities in the years to come.


If your business is looking to expand nationwide, our CRE Affiliate Network can help you smoothly extend your reach to multiple prosperous states in the country. The journey starts in Florida, and goes beyond.

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Best Practices in Buying Commercial Real Estate

Navigating the commercial real estate (CRE) market can be a rewarding venture, but it requires careful planning and execution. Whether you’re eyeing shopping centers, warehouses, or multi-family residential buildings, understanding the best practices can make your investment process smoother and more successful. Here’s a comprehensive guide to help you on your journey.

Understanding Commercial Real Estate

Commercial real estate refers to properties used primarily for business purposes and income generation. These properties include:

  • Shopping Centers and Storefronts: Retail spaces designed for various businesses.
  • Warehouses and Industrial Properties: Facilities for manufacturing, storage, and distribution.
  • Large Residential Rentals: Condominium buildings or apartment complexes with more than five units.
  • Medical Buildings: Hospitals, clinics, and other healthcare facilities.

Seven Essential Steps for Buying Commercial Real Estate

  1. Clarify Your Investment Goals: Before diving into the property market, understand why you’re investing in commercial real estate. Are you seeking income, tax benefits, or portfolio diversification? Defining your goals will provide direction and help you stay focused throughout the process.
  2. Evaluate Your Options: Commercial real estate comes in many forms, from office spaces to industrial sites. Determine which property type aligns with your investment strategy and comfort level. Each type has distinct management and operational requirements.
  3. Secure Financing Early: Obtain financing before you start searching for properties. This step will not only streamline your search but also prevent potential disappointments. Knowing your budget in advance allows for quicker decision-making and smoother transactions.
  4. Partner with Experts: Engage with experienced professionals such as commercial real estate agents or attorneys. Their expertise can guide you through the complexities of the market and ensure that your transactions are handled efficiently and legally.
  5. Find the Right Property: With your goals and financing in place, begin your property search. Stick to properties that align with your investment criteria and objectives. A great property is one that helps you achieve your investment goals, not just a good deal.
  6. Conduct Due Diligence: Thoroughly investigate each potential property. Evaluate risks, rewards, and how well the property fits your needs. Detailed analysis will help you avoid costly mistakes and ensure the property benefits your investment portfolio.
  7. Close the Deal: Once you identify a suitable property, make an offer with a contingency clause, such as an inspection contingency, to protect yourself. Ensure that all necessary insurance is in place and that all documents are reviewed before finalizing the purchase.

The Bottom Line

Investing in commercial real estate can offer significant benefits, including income potential and portfolio diversification. By following these best practices and working with knowledgeable professionals, you can navigate the CRE market with confidence and make informed decisions that align with your investment goals.

Find more wonderful Commercial Real Estate information at Forbes.com! Sonenreich, Aviva. “Council Post: Best Practices When Buying Commercial Real Estate.” Forbes, Forbes Magazine, 13 Aug. 2024, www.forbes.com/sites/forbesbusinesscouncil/2023/01/24/best-practices-when-buying-commercial-real-estate/. Accessed 21 Aug. 2024.