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Capital markets activity in South Florida peaked in 2016/393/south-florida-10-9-17-capital-market-activity<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/banking-charts-finance.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/393/south-florida-10-9-17-capital-market-activityCapital markets activity in South Florida peaked in 2016There were a number of major deals that closed in all three markets in 2016, leading to the strongest year of capital markets activity on record in the area.
South Florida’s most notable developers continue to remain bullish on the market/240/south-florida-economy-industrial-growth<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-construction-sun.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/240/south-florida-economy-industrial-growthSouth Florida’s most notable developers continue to remain bullish on the market​South Florida’s economy has seen a dramatic improvement and industrial growth in the last several years. In fact, developers have delivered about 26.5 million square feet of industrial space in South Florida since the recession, of which 27.0 percent has occurred in the past 24-months.
Southeast remains a leader for job growth, with a spotlight on Florida/214/florida-job-growth<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-meeting-tablets.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/214/florida-job-growthSoutheast remains a leader for job growth, with a spotlight on FloridaAll four Florida metro areas* are leading the way in yearly job creation among the 15 fastest growing job markets tracked by JLL Office Research, with Orlando well ahead of the pack with a 4.0 percent gain.
Visitor spending rebounds from 2015, but long term growth is slow for international visitors/188/south-florida-7-24-2017-visitor-spending<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/retail-shopping-street.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/188/south-florida-7-24-2017-visitor-spendingVisitor spending rebounds from 2015, but long term growth is slow for international visitors​International visitor spending comprises 2/3 of overall direct visitor expenditures in Greater Miami.
Tight labor market conditions should have employers focused on workplace strategy to attract talent/155/tight-labor-market-florida<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-meeting-tablet.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/155/tight-labor-market-floridaTight labor market conditions should have employers focused on workplace strategy to attract talent​The number of unemployed people to job openings is now at its lowest levels since before the Great Recession.
Florida received the 4th most capital investment from private equity companies in 2016/128/florida-capital-investment-from-private-equity<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/banking-currency-capital-investment.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/128/florida-capital-investment-from-private-equityFlorida received the 4th most capital investment from private equity companies in 2016The state of Florida ranked fourth nationally in total capital invested and the number of companies receiving backing from private equity firms in 2016. Texas, California and Massachusetts all received significantly more investment than the rest of the country averaging $77.9 billion. Florida and New York are firmly in the second tier of states receiving significant investments averaging $40.8 between the two states.