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Commercial Real Estate

  • By Kevin McQuaid
  • June 22, 2018
Market Spotlight: Lee County Office

Despite solid growth for the past four years, the Lee County office market is showing signs of fatigue, with an uptick in vacancy rates, flat rental rates and negative absorption in the first quarter of 2018.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 15, 2018
TerraCap Management shifts from primarily buying to selling office assets

TerraCap Management is selling assets purchased at a discount like Tampa International Business Center and reaping profits after improvements and re-leasing

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 15, 2018
Q&A: Bruce Erhardt

Bruce Erhardt of Cushman & Wakefield reflects on four decades of land deals and changes in and around Tampa Bay

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 15, 2018
Tampa Renaissance Hotel trades for $68 million

Clearview and Oaktree Capital team up to acquire Tampa Renaissance Hotel from Braemar Hotels & Resorts Inc. for $68 million, in keeping with the Dallas company's strategy to focus on upsclae lodging

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 15, 2018
Polk County market has "strong outlook" for commercial real estate

CBC Saunders Ralston Dantzler Realty believes Polk County's commercial real estate market has a "strong outlook" going forward

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 15, 2018
Cove Apartments in Tampa sells for $96.5 million

Gamma Real Estate of New York's $96.5 million purchase of the Cove Apartments in Tampa marks the latest mega multifamily deal in the area

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 13, 2018
Foundation sells large tract for roughly $18 million

Neal Land Ventures invests roughly $18 million to acquire 300-acre tract in North Venice in Sarasota County that had been slated to become The Bridges, an affordable housing community, in 2005

  • Manatee-Sarasota
  • By Kevin McQuaid
  • June 8, 2018
Jebco Ventures set to debut Embassy Suites, start on Hampton Inn & Suites nearby in Sarasota

Sarasota developer Jebco Ventures begun by Jim Bridges in 1975 has embarked on a pair of new hotels in city's downtown that will add more than 300 new rooms to inventory

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 8, 2018
Passco Cos. bought Springs at Bee Ridge apartments for a multitude of reasons

Passco Cos. spends $77.5 million to buy Springs at Bee Ridge from Continental Properties before renaming the new 360-unit community Longitude 82

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 8, 2018
Fort Myers sale marks largest office deal in Southwest Florida in 2018

Eastlink Business Park sale for $25 million from Collier family entity to European investor marks largest office deal in Southwest Florida in 2018 to date

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 8, 2018
Commercial landlords could face big tax hike

Commercial landlords, renters and businesses could face combined $700 million property tax hike unless voters agree to extend non-homesteaded tax cap permamently

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 8, 2018
Sembler top executive 'cautiously optimistic' about future

Sembler Co. and other shopping center landlords are optimistic about the future despite fears regarding the growth of online shopping

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 6, 2018
Williams Parker moving toward new quarters

Capstone Group begun by former defense contractor Ken Solinsky follows its Sarasota investments with plans for a ground-up development that could rise 10 floors in downtown Sarasota

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 1, 2018
'Bridge' to the Future

Sasaki lays out a trio of design concepts for 53-acre sarasota city that is now home to the van wezel performing arts hall

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 1, 2018
TerraCap sells Tampa office building for $21.8 million

TerraCap Management of Estero sells Tampa's Lakeview Center for $21.8 million to Miami firm after eliminating vacancy and making improvements

  • Commercial Real Estate
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