Property Prices Are Now Only 1% Below Pre-Pandemic Levels

Posted on June 8th, 2021 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

The Green Street Commercial Property Price Index jumped by 4.4% last month. Prices of every asset type included in the index increased. In some cases, like self-storage, industrial, and manufactured home parks, prices are hitting new highs—and are now 15-25% higher than pre-COVID marks. CLICK ON THE HEADLINE FOR MORE

South Florida’s Outlying Markets, From Belle Glade To Treasure Coast, Heat Up

Posted on June 1st, 2021 · Posted in Industrial / Flex, Investments, Land, Retail

As commercial land grows scarce in South Florida’s urban cores and sprawling suburbs, manufacturers and distributors in search of affordable land are increasingly looking to areas on the outskirts of the region. For now, the new users are almost exclusively industrial and distribution tenants drawn by cheaper land. CLICK ON THE HEADLINE FOR MORE

Inflation Concerns Are Leading Investors To Commercial Real Estate

Posted on May 18th, 2021 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

A lot of capital is coming into commercial real estate space. Some groups on the equity side may be arriving in anticipation of inflation and see real estate investment as a way to buffer their portfolios. CLCIK ON THE HEADLINE FOR MORE

Biden’s Proposal To Cut 1031 Exchanges May Be “Tremendous Blow” To Real Estate, Say Experts

Posted on May 4th, 2021 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

The proposed change to IRS Section 1031 is part of President Biden’s $1.8 trillion American Families Plan. But some experts believe losing like-kind exchanges could be more harmful than helpful. Fewer real estate deals would be a tremendous blow to state and local governments that are already on weak financial footing due to the pandemic. CLICK ON THE HEADLINE FOR MORE

Triarch Buys Dania Beach Industrial Property For $10M

Posted on March 23rd, 2021 · Posted in Industrial / Flex, Investments, Land, Retail

Aventura-based Triarch Capital bought the two building warehouse distribution property at 950-952 and 940 Eller Drive as well as a next-door half-acre lot in an off-market deal, The sale price equates to $183 per square foot. CLICK ON THE HEADLINE FOR MORE