Commercial Real Estate: An 'amazing year'

The year 2015 will be remembered as not only the most robust since the last decade's prolonged and pronounced economic recession, but as perhaps the best across all sectors and geographic regions along Florida's Gulf Coast since the end of World War II.

From central business district office space to modern distribution centers and hotels to apartment complexes, commercial real estate was ablaze in the past year, as increased demand collided with institutional investors' desire to park capital in bricks and mortar over other types of investment vehicles.

“In sum, 2015 has been simply an amazing year,” says Larry Richey, who directs commercial real estate services firm Cushman & Wakefield's business across Florida.