Commercial Real Estate Profile: Carlton Lloyd

Carlton Lloyd
Senior Managing Director, Integra Realty Resources-Southwest Florida
Naples

Carlton Lloyd has been the managing director of Integra Realty Resources' Naples office since 2009, but he keeps tabs on Florida's commercial real estate market beyond Collier and Lee counties as a partner in the firm's Orlando and Miami offices, as well. Lloyd, who has been with Integra and its predecessor, Appraisal Research Corp., for two decades, oversees 45 employees. In addition to appraisal work, Integra offers consulting services, market studies, real estate research and valuations.

With all the growth in the retail and restaurant sectors, why hasn't more traditional strip center development occurred this cycle in and around Naples?
In Collier County in particular, there are a few reasons why there's been a dearth of development of traditional retail. There is some of that going on, I should point out. Publix is working to build a new store on Randall Boulevard here and Kite Development is putting a project together they're calling Tamiami Crossing, a power center. So there is some more traditional retail development ongoing.