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Commercial Real Estate

  • By Kevin McQuaid
  • January 19, 2018
Sarasota industrial inventory tightening

United Natural Foods Inc. took down an additional 40,038 square feet in Sarasota's Independent Business Center last fall, expanding on the 90,000 square feet it already had in the same park space the food distributor maintains in the massive Meridian Distribution Center off Clark Road.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • January 19, 2018
Electra America spends $850 million in 2017

Tampa-based Electra America invested $850 million last year to bolster its multifamily rental portfolio by more than 6,300 units in Florida, Georgia, North Carolina and Texas.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 19, 2018
Tax reform expected to boost CRE profits, investment

Tax Cut and Jobs Act will help investors and landlords alike.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • January 12, 2018
Twice as Nice

To cut costs and expand guests' experience, developers throughout the Gulf Coast are delving into 'dual-branded' hotels.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • January 12, 2018
Commercial Real Estate - Q&A

Ian Black, founder and CEO, Ian Black Real Estate Sarasota

  • Manatee-Sarasota
  • By Kevin McQuaid
  • January 12, 2018
Lease tax cut to save 'thousands'

t's only a two-tenths of 1% cut, but the decrease in Florida's lease tax rate could save some commercial real estate tenants thousands of dollars annually.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 12, 2018
Floridays still standing with Ovation

When the new 162-room Art Ovation Hotel held a preview event in mid-December in advance of opening early next month in downtown Sarasota, press reports left out one prominent Gulf Coast player.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • January 11, 2018
TH buys into 301 Business Center

An affiliate of investment behemoth Teachers Insurance & Annuity Association (TIAA) of America has acquired a majority stake in a new industrial development slotted for East Tampa.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • January 5, 2018
Carter Validus sheds portfolio for $750 million

Tampa-based Carter Validus Mission Critical REIT Inc. has sold a portfolio of 14 data center properties to a pair of Singapore-based real estate investment firms for $750 million, the company announced late last year.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 5, 2018
Franklin Street promotes Kersting to managing director

Tampa-based commercial real estate brokerage Franklin Street has promoted Tom Kersting, an Aon veteran who had led the company's Insurance Services division, to managing director.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 5, 2018
'More of the Same'

Heightened demand across sectors, employment growth and continued population influx bode well for the area's CRE market in 2018.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • January 5, 2018
Investor buys Sarasota's Airport Commerce Center

A New York-based investor has acquired the eight-building Airport Commerce Center flex complex in Manatee County for $10.4 million, according to county property records.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • January 5, 2018
Sembler posts strong 2017

The Sembler Cos. mirrored most Gulf Coast commercial real estate landlords in 2017 by posting “solid” growth across all its business lines.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • January 5, 2018
Cushman team sells pair of Pasco County area industrial projects

Cushman & Wakefield's Tampa-based capital markets team closed a pair of Pasco County-area industrial deals in the waning days of 2017 for a combined $69 million.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • December 29, 2017
Multifamily mania grips region (again)

For the second consecutive year, multifamily rental deals outpaced other commercial real estate classes in 2017, as investors sought to take advantage of macroeconomic trends and positive gains in population and employment throughout the region.

  • Tampa Bay-Lakeland
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