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Offering a full–range of commercial real estate services we maintain deep professional and social “roots” in the markets we serve and maintain a leading edge presence in all aspects of our expertise.
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PALM BEACH: (561) 703-0888
Butters Breaks Ground On Tamarac Warehouse With $26M Loan
After securing a $26 million construction loan, Butters Construction & Development broke ground on a warehouse on a 12.55-acre site at 5601 N. Hiatus Road. Sonny’s Enterprises, a manufacturer of car wash equipment, will occupy the entire space as its headquarters and distribution facility.
Industrial Cap Rates Expected To Rise But Outlook For Seasoned Investors Remains Strong
Cap rates could rise another 50 to 100 basis points. But according to one industry expert, the industrial sector should stay a favored asset class for experienced investors, despite rising capital costs.
CRE Outlook Still Mixed Despite Apparent Inflation Slowdown
Headline CPI increased 7.7 percent over the 12 months ending in October, the smallest year-over-year increase since January of this year. Pricing is recalibrating across most property types as the expectation gap between buyers and sellers widen and lending criteria have tightened.