In October 2006, global distributor Exel Inc., created a deal to occupy more than 38,400 ft.? of space in a new industrial building in Cape Coral. The company, which is a sister company of industry giant DHL and is part of the Deutsche Post World Net group, is expected to move into the building at 71 Mid Cape Terrace soon.

The building was completed early last year and will be used primarily for office and warehouse space for the new company.

The new move is likely to bring new jobs to the area, something that may well bolster property prices in the area even further in the years to come. The new building and new deal suggests a new interest in the area for business owners.

Some residents are already predicting that Cape Coral will continue to grow exponentially as the business community in this new building and in other parts of the city will attract even more affluence and more residents to the area.

Investors who have been thinking about investing in Cape Coral, should consider investing soon. Once the Exel Inc business space is established and jobs in the area increase, housing prices are expected to rise.

This makes right now the ideal time to buy property.

Currently, Cape Coral real estate is plentiful and offered at good prices. However, the current trend may not continue, so getting in on the ground floor now may be the best option.

With a new business in the area, business rentals may be more in demand and the buyers and renters may have more money to spend on property in the near future as well. Investors who want to buy low-cost homes now and rent or sell them later to prosperous new residents in the area stand to make a tidy profit.

Plus, this is not the only beneficial news coming from the Cape Coral area. Only last month, improvements to the yacht club gave further evidence that the area is improving rapidly in terms of economic growth and wealth building.

Is it any wonder that experts predict that Cape Coral Florida real estate could be about to boom?