A commercial real estate horror story

July 29, 2009

The photos speak for themselves in this blog post about the economic devastation in south Florida. Vacant storefront after vacant storefront.

Green shoots? Yeah, if you count the weeds growing in the empty parking lots and between the cracks in the building foundations. Post courtesy of Clusterstock via Bob Norman’s blog at New Times of Broward/PalmBeach counties.

One comment

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Though the premise of the story is solidly backed by vacancies throughout the state, the route the photographer took would speak more to the long term demographic downturn in the area rather than this short term economic downturn. That’s not to say that one couldn’t find similar photos elsewhere, just that the are chosen was already sliding downhill long before the economy took a nosedive.

Posted by Bob Schecter | Report as abusive