Cushman & Wakefield Research Has Authored a Report Detailing the Hurricane Irma’s Effects on Florida’s Major Office and Industrial Markets
ORLANDO, FL, September 19, 2017 — One week ago, Hurricane Irma barreled its way through the state of Florida causing widespread devastation and displacing millions. Business interruptions caused by power outages, flooding and debris affected all major markets.
Cushman & Wakefield Research has published a report entitled Hurricane Irma’s Impact on the Sunshine State. This report details the impacts of the storm in Florida’s major office and industrial markets: Miami-Dade County, Broward County, Palm Beach County, Orlando, Tampa/St. Pete and Jacksonville.
“While most Florida businesses were back up and running by the week’s end, natural disasters like Irma, can have future implications for location decisions and how commerce is delivered,” said Florida Research Manager Chris Owen. “The state’s ability to quickly rebound and rebuild in less than a week is a testament to the preparedness and adaptability of government and the private sector working together. The process has only started, but the results can be measured in the economic vitality and resilience Florida can expect to see in the coming months.”
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Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.