February 27, 2015

Tuesday's Daily Pulse

What you need to know about Florida today

Will Short Gorham | 9/18/2012

› Office Depot’s largest shareholder calls for changes to regain value
A New York investment company is now the largest owner of Office Depot stock and has outlined steps for the company to increase its value.

› Everyone needs an occasional dose of retail therapy
People have an emotional connection to shopping. It gives us the stuff that surrounds our lives. Every purchase makes a statement about who we are and want to be, no matter what the size of your wallet. Besides that, shopping is a matter of national importance.

› Estero back on track as Southwest Florida 'boomtown'
Estero community leaders and developers believe the local economy is on the mend, and construction there is booming.

› Southwest Florida commercial vacancy rate falls below 20%
There are emerging signs that the commercial real estate market is climbing out of the Great Recession, with the vacancy rate in Sarasota and Manatee counties falling below 20 percent for the first time in two years.

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Rising Rents
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A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. 

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Gov Scott has proposed to increase funding to education, and half of those monies will come from property taxes. The debate is: A) is Scott's proposal a tax? Or, B) is Scott just using new monies that would come in because property values are increasing?

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