As coronavirus infection rates continue to increase across much of the US, coupled with vastly changing employment patterns and civil unrest, a new migration trend has emerged. What were once adamant city dwellers, have suddenly begun moving to the suburbs and rural communities as a means of hiding out from the growing health crisis. Reported The Deep Dive.
Not only has an increase in demand for suburban residential real estate increased significantly, the demand for commercial real estate in the same areas has been mirroring the trend. Many businesses have been following their employees’ pursuit of a more peaceful and safer accommodations, and as a result have been setting up satellite campuses so workers do not have to commute to the densely populated metro centers.
In South Florida, cities like Weston and Doral are on the rise.
Read More: https://thedeepdive.ca/demand-for-commercial-and-office-real-estate-in-suburban-areas-on-the-rise/