The Weekly Dirt: Palantir heads to Miami, but will the real estate impact match Citadel’s?
Palantir Technologies took to X this week to announce its move to Miami. The publicly traded AI software firm, led by CEO Alex Karp, is leasing space at Industrious, a co-working space in Aventura. Boosters of Miami real estate rejoiced, but will the move, and other recent HQ relocations to South Florida, lift up the market the way Citadel did in 2022? While demand for ultra high-end homes — $40 million and up — is strong, it can’t prop up the rest of the market. Some agents say they are seeing a trickle-down effect, while others say the opposite. “It’s […]This article originally appeared on The Real Deal. Click here to read the full story.
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