The top commercial real estate deals of the year

Big transactions in Southwest Florida stand out as hardware stores, condos and hotels changed hands across the region.

By Louis Llovio
| 5:00 a.m. December 22, 2024
| 0 Free Articles Remaining!

The Hyatt Regency Clearwater Beach Resort and Spa has been sold.

Florida

With a presidential election looming and uncertainty about the future, 2024 was an interesting year for commercial real estate industry.

The year was peppered with news about major retailers — from Macy’s to Big Lots — shutting down stores but it also lacked what seemed the endless number of multifamily property sales posted in recent years.

That doesn’t mean retailers didn’t enter the market or that no apartment properties changed hands, of course. But those kinds of deals seemed to take a back seat in 2024.