Demise Of The Flea Market: Notable Sites Targeted For Redevelopment
In the past year, current owners of three local flea markets filed applications to redevelop them into something else.
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Small Investor Opportunities Surface For Industrial
Institutional investors are putting everything on hold to see how interest rates shake out leaving those who were “boxed out” opportunities to buy in what has been one of the most competitive environments for industrial property sales in history.
Commercial Contracting Challenges Expected to Continue
A whopping 98% of general contractors surveyed by the firm indicated an increase in supplier costs and material lead times, while 75% reported increased project execution timelines.
A Strong U.S. Dollar Could Mean A Lot — And Not So Much — For Commercial Property Investment
As of July 29, the value of the dollar was outpacing the euro and the pound by 2 cents and 18 cents, respectively. That could signal an even greater investment opportunity in the U.S. among foreign buyers, though it is far from the only factor at play.
Commercial Real Estate Investor Sentiment Signals A Changing Outlook
Preliminary data from SitusAMC Insight’s second quarter 2022 institutional investor survey shows changing preferences among property segments. After so many quarters of seemingly unstoppable growth, the industrial sector is starting to show initial signs of a slowdown, even though fundamentals are still strong.
What CRE Investors Should Consider When Contemplating A Recession
Much of the risk to CRE investors will depend on asset and location.
New Lincoln Dealership Proposed In Coconut Creek
The dealership would have 29,924 square feet of showroom and office space, 49,973 square feet of automotive retail and 358 parking spaces.
Lithia Motors & Driveway Pays Combined $72.27 Million For Lehman Dealership Enterprises Real Estate Assets
Bill Lehman Jr. said the dealerships have nearly 500 employees and Lithia is keeping almost all of them.
“It’s On Fire.”: Miami Mayor Touts South Florida Economy
Miami Mayor Francis Suarez made an appearance on Fox Business where he discussed Miami’s booming economy, referring to it as “on fire,” as the city posts repeated increases in real estate sales, an influx of new jobs, and the welcoming of tech businesses from states like California and North Carolina.
Construction Starts Continued To Climb, But Slowdown May Be Looming For Specific Sectors
While the overall trend in construction starts is positive, the very aggressive stance taken by the Federal Reserve to combat inflation risks slowing momentum in construction.
About Us
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
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