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Seventy-four percent of commercial real estate executives said they were optimistic about the CRE market and overall economy over the next 12 months, according to the results of the annual State of the Market Survey released today by international law firm DLA Piper in conjunction with its 16th Global Real Estate Summit.
Industrial real estate has proven to be the bright point in an otherwise challenging real estate market. A number of CRE experts from across the country give their takes on why the asset class is so resilient, what challenges it still faces, what the near- to mid-future has in store. CLICK ON THE HEADLINE FOR MORE
Until the first quarter of 2021, industrial supply had steadily outpaced overall demand for two years, but Q1 saw that flip, with demand surpassing the supply. CLICK ON THE HEADLINE FOR MORE
E-commerce has attracted warehouse developers to an unlikely business prospect: turning old golf courses into distribution centers.
First 95 Distribution Center will be on 8.4 acres at 1200 N.W. 15th St., which is just north of Atlantic Boulevard. The aim is to complete the 141,000-square-foot warehouse with 36-foot clear height in the third quarter of 2021.
According to a new report from Cushman & Wakefield, due to the lack of available and higher priced Class A industiral product, investors are now targeting Class B, and in some cases Class C, seeking higher yields/returns—especially from those assets located near populated urban areas. CLICK ON THE HEADLINE FOR MORE
According to a new report by the industrial real estate giant, the main driving force for the industrial sector change will be the accelerated growth in e-commerce and will remain one of its prime legacies of the pandemic.
The Broward County property appraiser says the area a developer claims to own includes parts of the Hillsboro Inlet, parts of a Coast Guard station, as well several backyards of million-dollar homes on Bay Drive affecting 16 property owners.
With Palm Beach attracting many new residents and businesses, the Planning and Zoning Commission may be gearing up for a new attempt at a town code reform proposal.
The bank expects demand for commercial loans to surge in 2021 as more high-net-worth individuals and new-to-market businesses migrate to the state.
Sandwiched between Miami and Fort Lauderdale, the 30-square-mile municipality has seemed quaint and sleepy compared to its big-city neighbors despite impressive community assets. But a new wave of development is poised to transform Hollywood Beach.
In the second half of 2020, large-scale speculative construction projects or expansions at existing industrial parks were announced in multiple Florida markets.
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