In a recent interview with CoStar’s Tony Wilbert, Peter Ripka discusses why Florida emerged as the ideal choice for RIPCO’s expansion. Ripka highlighted Florida’s significant population growth and the influx of financial firms relocating or establishing new offices in the state as key contributing factors:
“It’s really Florida where we’re looking to expand. There’s 20 million, 22 million people in Florida. And I would say the trade area in New York City, in metro New York is 18, 19 million. So we view Florida…from a population standpoint as being similar to our trade area. And there are many common owners, many common retailers.”