Demand for Offices in These Cities Is Red Hot
There's been a significant migration of people to the Sun Belt region over the years. From retirees to remote workers to job-seeking millennials, more people are moving south every day. Its warmer weather, the lower overall cost of living, and fewer government regulations, compared to larger cities in the Northern part of the country, are among the many factors drawing people to the region.
However, the population isn't the only thing migrating to the Sun Belt region. An increasing number of corporations are relocating and expanding across the area. That's driving demand for office space in leading Sun Belt markets. This trend is benefiting Cousins Properties (NYSE: CUZ), a real estate investment trust (REIT) focused on owning high-quality office buildings in that part of the country.
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Source Fool.com
