A single-tenant building occupied by Starbucks is up for grabs in Doral. The property hits the market as the inventory of net-lease properties rented by investment-grade corporate guaranteed tenants continues to decrease. My team recently has been tapped to market the building at 7840 NW 25th Street. The price tag: $3.86 million. The demand for investment properties in […]
This December marks the 10th anniversary of the Great Recession, which brought shock, pain and a surprising recovery to the South Florida real estate market — one of the hardest hit markets in the USA. South Florida – ground zero for foreclosures that devastated homeowners, CRE owners, developers and lenders – has risen from the ashes and […]
Goldman Sachs’ predictions for 2018 aren’t completely good news for the commercial real estate market. Strong momentum is likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman Sachs Group Inc. economists said in a research note, as recently reported by Bloomberg. Higher interest […]
Palm Beach County’s Riviera Beach is emerging as one of South Florida’s newest real estate submarkets for opportunistic investors. The area with the most potential is the Broadway Corridor, a district that is undergoing significant transformation fueled by public and private investment. I recently listed a six-story office building at 2001 Broadway and find the […]
As the real estate industry heads towards a “long glide path to a soft landing,” the real estate industry is changing the way it evaluates expected market performance, according to a recent report by PwC and the Urban Land Institute. The report, named Emerging Trends in Real Estate®, is the result of a survey conducted […]