Blog Archives

CoStar Market Insights: Sales Activity of Existing Multifamily Properties Across Florida Focusing on Value Add Renovations to Increase Rents While New Product Continues Flying Off Shelves in South Florida

By: Danielle Grimelli and Evan Snow, CoStar Market Analytics.Looking across the Sunshine State, the Daytona Beach metro has enjoyed strong rent growth and a historically low vacancy rate that surpassed the national level starting in 2014. Strong job growth above the national average is expected to continue supporting low vacancy levels at a minimum. With […]

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Florida, Texas CRE Begin Long Recovery Effort from Back-to-Back Storms

With relief efforts under way in areas ravaged by Hurricanes Harvey and Irma, analysts are now beginning to assess the broader questions of how the back-to-back natural disasters could potentially affect U.S. economic growth, the nearterm impact of the thousands of residents and tenants displaced by the storms, and how the threat of future storms […]

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Central Florida Business Park Trades for $14.9M

Legacy Capital Partners sold the nine-building Central Florida Business Park to Canadian-based Carolyn Corporation for $ 14.9 million, or about $ 19 per square foot. The deal totals 775,864 square feet of industrial space at 5300 Recker Hwy in Winter Haven, FL, within the Polk County Industrial submarket. Fred Beasley of Beasley Real Estate Services […]

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CoStar’s People of Note (Mar. 17) – Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham, Alabama, Detroit / Grand Rapids, Chicago, New York City and Boston. TAMPA / ST. PETERSBURG Colliers […]

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Colliers International Florida Announces New Statewide Leadership

Colliers International has appoint Ryan Kratz as president of its statewide Florida market and John K. Scott as the managing director, tasked with leading the real estate management services team for Colliers International Florida. The new Florida leadership structure comes as part of Colliers’ move toward a cohesive statewide platform. Kratz most recently served as […]

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