Industry News

Industry News

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With US industrial vacancy at 4% and multifamily’s pipeline tightening, the data from a report shows both sectors have room for rent growth.

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Inflation, rising interest rates and remote work have left the asset class uniquely exposed to declines in valuation and vultures are beginning to circle.

Mark Hinkins

While the market is unpredictable, preparations can and should be made for difficult economic times.

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As many markets seek more affordable and market-rate rental housing, converting non-performing student housing properties to conventional multifamily has become popular among a subset of traditional multifamily owners. 

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Sperry Commercial Global Affiliates/RJ Realty is equipped to assist you with the best options.

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The Ian impact may be enough to keep Palm Beach County and Broward County real estate markets from continued decline.

renderings of a shipping container plaza in delray beach

Once the project receives final approval, it would take between 60 and 82 weeks to complete, according to a report from CPZ Architects. A plaza like the one being presented is estimated to cost about $6.7 million, according to the same report.

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The proposed Hyundai dealership would be built on a vacant lot that has remained undeveloped for more than a decade and an adjacent pottery store. The land was purchased for $10 million in January, according to Palm Beach County Property Appraiser records.

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“EV charging is going to be a destination. And people are going to be there for at least 15 or 20 minutes, which is a whole lot longer than gasoline at the pump.”

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Companies and workers are finding flex space working arrangements to allow for valuable collaboration, a better balance of office and remote work, and more options overall, and businesses appreciate the opportunity to avoid lengthy lease terms.