Miami retail is reinventing itself. That’s the subject of a new white paper from Cushman & Wakefield, authored by vice president of Retail Research for the Americas to scope out Miami’s rise as a retail behemoth on the international scene.

“No single market in the United States has seen as much growth from the upscale and luxury retail sector over the past year as Miami,” Garrick Brown said. “Though tourism and Miami’s longstanding role as a hub of Latin American finance and commerce are factors, demographic shifts are the real drivers.”