The Native Realty CEO spoke with reporter Keith Larsen about the impact of WeWork’s troubles on the South Florida commercial real estate market. Sturgis noted that investors are shying away from assets where WeWork is still a tenant.
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“But Jaime Sturgis of Fort Lauderdale-based Native Realty said investors are growing wary of WeWork.
“The assets where WeWork is a tenant will certainly depress the perceived value of what people are willing to pay,” he said.”