H D Litton Interior Design Building sells for $1.47 million Dougall McCorkle of Premier Commercial represented a buyer for the purchase of the H D Litton Interior Design building, a free standing professional office building located on US 41. The building is approximately 7,500 square feet and sold for $1.47 million to a local office user. The superior location…
What historical lows and what they can mean for you Friday – June 28, 2013 As we have seen over the past couple of weeks, the stock market and bond markets have been reacting wildly to the change in interest rates. If we take pause however, and let cooler heads prevail, we will realize where we…
Milan Center sells for $1.9 million We closed today on a transaction for the sale of the North Naples Milan Center, a two story office building on US 41 just north of the Mercato at Vanderbilt Beach Road in Naples, Florida. The building is approximately 12,000 square feet, and sold for $1.9 million to a local…
Over the past months, the SunTrust building has undergone extensive interior renovations. The new improvements bring this local Class A office building to the top of its class. To start, the renovated main lobby includes newly painted walls, center rug, lobby seating, and a beautiful modern hanging ceiling lamp. In addition to the main lobby, each…
Class A Office Space for Lease in The Fifth Third Bank Building on Vanderbilt Beach Road Florida Commercial Advisors is excited to announce that Dougall McCorkle, of Premier Commercial, now handles Leasing for the largest office building in the county. The Fifth Third Bank building includes 161,000 square feet of Class A office space. The…
Valuation Methods in Commercial Real Estate, Part 2 Written by Darren McCorkle Last month we talked a bit about capitalization rates (aka cap rates), a valuation method commonly used in commercial real estate. It is certainly a valuable tool, but it is far from perfect. Luckily we are not completely out of options. Internal Rate…
Leasing Opportunities in Naples, FL The Northern Trust Building The Northern Trust building is the perfect option for corporate and professional users looking to lease office space in Naples. Learn about the building by watching the video slideshow below. Dougall McCorkle, MBA Sales Associate and Commercial Specialist Premier Commerical, Inc., Licensed Real Estate Brokers…
Big Deals in Naples Notable 2012 Commercial Sales and Leasing Transactions The year 2012 saw several important commercial real estate transactions in Collier County (Naples), including the sale of the largest office building in the market, to several other important office and retail properties. See the list below of the top sales transactions in Collier…
Southwest Florida Commercial Real Estate Forecast – 2013 Steady As She Goes Two or three years ago there was serious doubt as to whether the real estate scene in Florida would ever recover from the Great Recession. For many players in the retail and investment sectors, Florida was the “F” word that should be avoided…
It’s STILL a great time to be a Buyer OR Seller The economic downturn that began in 2007 was certainly one of the worst and most pronounced ones for decades. Despite our declared emergence from the Great Recession, some folks rightfully so didn’t get that proclamation. On the other hand, the economy has solidified and seems to be running at…