2014 proved to be a solid year in the world of commercial real estate in Southwest Florida, virtually on every front: land, retail, office, industrial, falling vacancies, increasing rental rates, little new supply, shrinking land availability. 2015 will be the explanation point from the year just past! Office Market Naples Class A office market…
Interest rates for real estate are impacted by various factors with the primary factors being the global bond market and the interest rates manipulated by the Federal Reserve. Another determinant factor that drives interest rates is the spread that lenders charge their customers. That spread is the rate differentials between what lenders borrow money at…
Ok — it might be a stretch to consider UNESCO World Heritage Sites “commercial real estate”, but it’s really interesting and we feel it’s worth knowing about! Antoni Gaudi was one of the 19-20th centuries most skilled artisians and created some of the most recognizable and unique buildings on earth. He was influenced by nature…
The office market in SW Florida continues to march back to health. After several years of difficult conditions, the general office market in SW Florida is improving, at least from an investor’s point of view: higher rental rates, lower vacancy, and less concessions. For a complete third quarter 2014 report please click here. The…
We all are familiar with how technology has changed how we all conduct business, but did you know that the design tastes of office users have also change dramatically over the past few years? A trained eye can usually pick out the decade which a modern building was erected. The all glass look of the…
People travel. A LOT. Over the decades that number has exponentially increased and will continue to do so. In turn travel and airports are getting more and more high-tech, luxurious, and entertaining. Take a look at a few airports you might actually try to miss a connecting flight in. Singapore Changi Airport nj…
November 4th was a big day of the Collier County Supervisor of Elections. Not only was it election day, but it was the day that the Elections Board closed on the purchase of a new building to call their home. The County purchased a 30,000 square foot industrial/office complex at 3750 Enterprise Avenue in…
Over the decades shopping centers have evolved many times. From size, focus, style shopping centers are a reflection of society, the economic times, and the composition of the stores themselves. Ever since the first civilizations built cities and towns, the congregation of merchants peddling their goods was largely based on transportation and how people…
Dr. Gary Jackson, of the Lutgert College of Business at Florida Gulf Coast University, has released their September 2014 report on “Southwest Florida Regional Economic Indicators”. The report includes the latest facts in trends on building permits, airport activity, labor, taxable sales, housing growth, population, and more. Click here for the report.
Thank goodness for elevators, if we didn’t have them it would be a lot harder to lease the top floor of an office building. And forget about the hotel Penthouse Suites… they would be rented out at a discount instead of a premium. Here is an ode to some really unique elevators: AquaDom Berlin, Germany The…