2023 Outlook Report: Cold Storage, Mall, Industrial Look Promising

Posted on December 27th, 2022 · Posted in Industrial / Flex, Investments, Multi-Family, Office, Retail

According to its recently released 2023 Commercial Property Outlook, Green Street has revised upward its net operating income forecast for cold storage, mall, and industrial while cutting its single-family rental estimates, Sectors with significant construction have solid demand according to the report. CLICK ON THE HEADLINE FOR MORE

More South Florida Workers Return To The Office Than Those In Other Areas

Posted on October 18th, 2022 · Posted in Investments, Office

According to a recent study from Avison Young, people are returning to the office in South Florida more than most places north of the Rio Grande. As for why South Florida offices had a higher rate of return than most parts of the U.S. and Canada has to do with the region's lifestyle and climate. CLICK ON THE HEADLINE FOR MORE

Commercial Real Estate Will Avoid Worse-Case Scenario, Survey Finds

Posted on September 6th, 2022 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

The Trepp 2022 CRE sentiment survey received several hundred replies with half of respondents in commercial real estate, and others coming “from banks, capital markets/structured finance, and academia. And it wasn’t a pile of doom and gloom. CLICK ON THE HEADLINE FOR MORE

While Markets Correct, Are Florida’s Commercial Real Estate Owners Prepared For Higher Property Tax Bills?

Posted on August 23rd, 2022 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

Despite the changing economic pressures, 2022 CRE assessments in Florida will receive a significant increase on this year’s TRIM notices in response to 2021’s sales. County appraisers value property based on the economics leading up to Jan. 1, not after. CLICK ON THE HEADLINE FOR MORE

After 25 Years, Levy Realty Advisors Completes Assemblage Of One Of The Largest Small Bay Warehouse Industrial Parks In Broward County

Posted on August 16th, 2022 · Posted in Industrial / Flex, Investments, Office, Property Management

President/Broker Alan Levy and Broker Associate Jan Stolow, the exclusive agents for the owners of the Lauderdale Lakes Industrial Park, JV, represented the Buyer in the sale and purchase of the last of the 24 buildings. The $3,250,000 acquisition of Building 24, which totals 16,135 square feet, closed on June 28 and marked the completion of a major accomplishment. CLICK ON THE HEADLINE FOR MORE