April 19, 2024
Regional Snapshots
The Big Picture
Florida's commercial real estate markets are emerging from the doldrums, but don't expect much construction until growth picks up.
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Published on 9/17/2012
Regional Snapshots - Southwest
Perspectives
Kevin Fitzgerald President NAI Southwest Florida, Fort Myers
“Vacancy rates are stabilizing. Pricing is stabilizing. There appears to be activity in all sectors, both sales and leasing. Office seems...
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Published on 9/8/2012
Regional Snapshots - Tallahassee
State government, as it shrinks, has been exercising its right to terminate private sector leases to move to state-owned facilities. “Now more than ever, investors, lenders, everyone’s more concerned about...
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Published on 9/8/2012
Regional Snapshots - Jacksonville
Buoyed by its port and the Navy, Jacksonville’s economy didn’t fall as hard as other Florida cities but hasn’t come back fast either. EverBank’s incentive-supported decision this year to move...
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Published on 9/8/2012
Regional Snapshots - Orlando
In 2010, Brazil’s Megastron took Mayor Buddy Dyer’s advice — offered on a trip to that country — and went ahead with the first of four office buildings on land...
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Published on 9/8/2012
Regional Snapshots - Tampa Bay
The Tampa market is improving slowly but steadily, says Patricia Nooney, senior managing director for institutional services for Florida for CBRE, who oversees brokerage in the Tampa Bay market. With...
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Published on 9/8/2012
Regional Snapshots - Palm Beach County
Four New York area hedge funds, anticipating higher taxes, relocated to Palm Beach and West Palm Beach this year. A high vacancy rate and distressed assets continue to pressure rents...
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Published on 9/8/2012
Regional Snapshots - Broward County
In June, Atlanta-based industrial real estate company IDI purchased 42 acres in a business development that’s a quick hop to I-595 and the ports. Next year, it plans to start...
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Published on 9/8/2012
Regional Snapshots - Miami
Miami is the talk of Florida. The downtown office market still is swallowing 2 million square feet completed in the last couple years, but the absorption trend has been consistently...
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Published on 9/8/2012
