MIAMI—The medical office building came online last year and is currently vacant. M&M is betting the medical office building will benefit from several market trends.
GAINESVILLE, FL—HFF managing director Brian Kelly tells GlobeSt.com's Jennifer LeClaire why this luxury student housing community should see strong interest from institutional investors.
ORLANDO—Colliers International's Fred Beasley tells GlobeSt.com's Jennifer LeClaire why Crocker Partners bid so high for the distressed asset on Auction.com.
MIAMI—If you've been to Lincoln Road, you'll immediately recognize this building. But Blanca has her work cut out for her as this South Beach landmark is only 78% occupied.
MIAMI—Stephen Hagenbuckle, founder of the real estate private equity firm TerraCap Partners, tells GlobeSt.com's Jennifer LeClaire how he sees the housing boom impacting the commercial real estate market in the days ahead.
MIAMI—Scores of international banks have opened offices in Miami since the Florida International Bankers Association was founded in 1979. But with the flood of foreign investors acquiring condos, snapping up office buildings and developing multimillion-dollar commercial properties, 2012 has seen a flood of recent office lease transactions from the international finance sector.
TAMPA, FL—Triple-net deals are fewer and further between in Florida, especially on the drugstore front. But summertime saw a rush of triple-net trades worth noting.
The age of the tenant's market is upon us, and it does not appear the pendulum will swing back to the landlord's side any time soon. This seems especially true with Generation Y poised to make its mark on the world of work and an economy that's yet to fully recover.
The keyword on the Southeast's infrastructure scene is ports. Although roadway and railway projects are seeing some attention, ports are the critical link to commercial real estate growth in many Southeast regions.
ST. PETERSBURG, FL—The headline says plenty, but there's more to the story in South Florida. After a decline in commercial real estate foreclosures in February, South Florida activity spiked in March, according to data provided by locally based Off-Market Radar. In total, 39 CRE foreclosures above $250,000 were filed in Miami-Dade and Broward counties in March and April. March saw the highest amount of activity with 24 filings, compared to 17 in February. The figure for April—the most recent month for which data was available—dropped again, with 15 reported foreclosures.