The commercial real estate market can be difficult to break into, and the investment has its risks. That’s why it’s vital to do your research before you make any big moves. One thing people are asking is: “What’s going to happen with Brevard County commercial real estate in 2018?”
Well, we don’t have a crystal ball, and we can’t predict the future with 100% certainty, but commercial real estate is as much a science as it is an art. So, there are some things we can tell you about from the Brevard County commercial real estate market in 2018. So let’s get right into it.
Here are the top trends we expect in Brevard County Commercial Real Estate for 2018:
Growth in the Job Market Will Lead to Higher Property Values
The continued growth of jobs from various companies already in the area and those relocating to Brevard County will provide continued growth for all of Brevard County in 2018. You can expect to see the most growth in the Aviation, Aerospace, Defense, Health Care, Cruise/Travel, Electronics, and Industrial sectors. Brevard County and the surrounding areas are quickly becoming high-tech hubs of industry that rival even Silicon Valley.
The diverse mixture of new jobs will stimulate construction in residential, commercial, and industrial areas, pushing lease rates and sale values higher, with demand outpacing supply. Of course, this is great news for those looking to sell or lease their commercial property. As a buyer, you will be paying more for property, but at the very least you can be certain you’re buying into a healthy and growing market.
High Quality of Life for Consumers will Make Brevard County A Great Choice for Business Expansion
There are many things enticing families to move to Brevard County including:
- Business-friendly tax and wage climate
- High quality of lifestyle
- Secure environment
- Excellent education opportunities with great public and private schools
- Easy access to amenities such as restaurants and shopping
- Vibrant artist community
- Gorgeous beaches
The growing population and healthy job market bolstered by its position at the heart of the space coast will make Brevard county a great place for businesses looking to expand their operations, even with the growing property values.
There are no certainties in real estate, but there is a method to this madness. By partnering with an experienced broker, you can put yourself in the best position to take advantage of commercial real estate trends going forward.
At Ullian Realty we’ll put our 50 plus years of combined experience, specifically in the Brevard County Space Coast commercial real estate market, to work to find you the perfect rental or purchase property. Please contact us at 321-729-9900 or firstname.lastname@example.org today to learn more. Our real estate process puts us a step ahead of the competition, and we will help you find the right rental or investment property for your needs. Whether you’re looking to invest or divest you can count on Ullian Realty to find you the best possible deal that fits your requirements.