Latest Market Conditions of Commercial Properties The commercial real estate market, at least in Naples, Flordia, probably found the bottoming of valuations in 2011. In 2012, valuations have quickly firmed up. While unrealistically deep discounts on properties are largely a thing of the past, that doesn’t mean there still aren’t good opportunities out there…it’s just that a fair degree of…
The Naples Office market is coming alive! The office market in Naples Florida, after spending several years in the doldrums is showing some signs of coming alive albeit slowly. The improvements in the market are of course largely a result of the general economic trends and consumer confidence, but also as a result of the…
Mercato is an award winner! The International Council of Shopping Centers (the ICSC) awarded special recognition in its annual design and development competition to the Naples, Florida mixed use development The Mercato. In its annual design convention held in Scottsdale Arizona, the ICSC recognizes shopping centers around the world for their individual achievements in creating…
Leasing at the Mercato Having had a lead role at the Lutgert Companies in the creation, development and leasing of the nationally recognized Mercato mixed-use project in Naples, Florida, it’s been my real pleasure to see how the property has emerged and materialized from countless renditions of site plans and layouts to what it has now become.…