A recent survey conducted by Kaufman Rossin in partnership with the Business Development Board provides a clear picture of how Palm Beach County businesses are managing their commercial real estate (CRE) footprints. The findings offer insight into trends in office space, industrial facilities, and retail locations, helping to shape strategic decisions in a rapidly changing market.
Many companies report evaluating their space needs more frequently, balancing operational efficiency with cost considerations. Some businesses are expanding to accommodate growth, while others are optimizing existing space to adapt to hybrid work models and evolving market demands.
Looking Ahead: Future of Commercial Real Estate in the County
The survey also highlights the broader economic impact of these decisions on Palm Beach County. Changes in commercial real estate usage influence local employment, investment opportunities, and the development of infrastructure and services that support businesses. Understanding these trends helps policymakers and business leaders plan for sustainable growth and community development.
Looking ahead, Palm Beach County businesses continue to assess and adjust their CRE strategies in response to market shifts, workforce needs, and technological advancements. Maintaining flexible, efficient, and strategically located facilities is key to supporting long-term success and economic resilience.
Read more about the survey on the Commercia Observer >
