Commercial Real Estate Market Navigating Uncharted Waters In Dealing With Coronavirus Outbreak

uncharted waters

As companies figure out how to get back on their feet, CRE brokers and property managers are helping them adapt to the possibility of staff reductions and structural business changes–the big picture will be a mixed bag of positives and negatives for owners, investors and tenants. CLICK ON THE HEADLINE FOR MORE

Landlords Are Slicing Up Vacant Big Box Stores To Get New Tenants — And It’s Working

big box retail

The demise of major department store retailers in recent years jolted big box landlords in South Florida and across the country. To fill their empty massive stores, some property owners are splitting up a big box to attract discount apparel companies. CLICK ON THE HEADLINE FOR MORE

Oakland Park Unveils The First Look At Plans To Redevelop City

oakland park

Oakland Park hopes its redevelopment efforts be completed in time for the city’s 100th birthday celebrations in the year 2029. CLICK ON THE HEADLINE FOR MORE

Investors May Find Safety In Healthcare REITs

Sector REITs are offering decent dividends compared to other “safe” investments.

Bill That Could Hurt Cities For Changing Their Zoning Moves Through Florida Legislature

rezoning

Critics say a bill that would tweak the Florida’s Bert Harris Act law and presently making its way through the state legislature could be a disaster for local governments and taxpayers, exposing them to massive financial liability and hampering their ability to adjust how properties may be used. CLICK ON THE HEADLINE FOR MORE

No Sign Of Glut As Industrial Development Tops 390M Square Feet

Any concerns of oversupply are tempered, as only 39 percent of space in new construction was available–a major factor in vacancies staying near all-time lows in 2019, according to a new report from CBRE. CLICK ON THE HEADLINE FOR MORE

West Palm Is Looking Into Stretching Its Borders In Six Locations

West Palm officials say annexing strategic parcels will square off jagged boundaries, make police and fire coverage less confused and build a healthier property tax base. CLICK ON THE HEADLINE FOR MORE

PODCAST: Why South Florida’s Commercial Real Estate Market Will Have A Strong 2020

Listen to the podcast for more insights on: Projections for the multifamily sector; Miami office sector trends that CRE experts are watching in 2020; the impact of the global trade war on the industrial sector’s growth; how landlords are adjusting to major changes in the retail landscape; the effect millennial preferences are having on the multifamily market; and the biggest CRE trend in South Florida in 2020. CLICK ON THE HEADLINE FOR MORE

The High Cost Of Low Taxes: South Carolina Town Bans All Development For 16 Months. Could The Same Happen In Florida?

Slashing taxes and taking a hands-off approach to governance attracted thousands of residents, but politicians neglected to spend money on critical infrastructure, and now the Republican-led county council has placed a 16-month moratorium on all new development.. CLICK ON THE HEADLINE FOR MORE

Florida’s New Billion-Dollar Hemp Market Is At Risk, Industry Advocates Say

According to the Hemp Industries Association of Florida, a federal proposed rule for stringent testing would result in less “CBD content” in hemp crops, making them less attractive to buyers. CLICK ON THE HEADLINE FOR MORE

High Ceilings, Flexible Floor Plans And Exposed Columns And Pipes: Why Shiny New Tech Companies Love Old Industrial Buildings

old warehouse

Technology executives say loft buildings are versatile, provide more space and character for less cost than cookie-cutter office towers, and better reflect their collaborative work culture. CLICK ON THE HEADLINE FOR MORE

The CRE Issues To Watch As Florida’s Legislature Convenes

Florida state sign

Real estate professionals from around the state talked to Bisnow about measures the Florida legislature will be considering for its 2020 session that could affect the CRE industry. CLICK ON THE HEADLINE FOR MORE