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McDonald’s Outlines $6 Billion National Plan to Build, Renovate Restaurants

By: Paul Owers and Linda Moss McDonald’s Corp. is using its substantial real estate holdings across the United States to fend off competitors eating into its bottom line. The fast-food chain is outlining its spending plans Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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Central Florida Retail Outperforms National Trends

Spurred by highly publicized store closings of national chains like Toys R Us and Sears, the retail sector has received a lot of attention and analysis regarding its impending “apocalypse.” A quick look at central Florida’s market fundamentals, however, wouldn’t support such gloom and doom. In Tampa and Orla Tampa/St. Petersburg Commercial Real Estate News […]

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Central Florida Retail Continues to Outperform National Trends

Spurred by highly-publicized store closings of national chains like Toys R Us and Sears, the retail sector has received a lot of attention and analysis regarding its impending ‘apocalypse.’ A quick look at Central Florida’s market fundamentals, however, wouldn’t support such gloom and doom. In Tampa and Orla Tampa/St. Petersburg Commercial Real Estate News From […]

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National Apartment Rent Growth Remains Strong

Landlords continue to benefit from booming apartment demand, as U.S. apartment rent growth averaged 2.9 percent between May of 2017 and 2018. While landlords haven’t been able to push rents like it’s 2015 anymore, the country is eight years into this economic cycle and rents continue to outperform their average in the face of increased […]

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Noble Bolsters National Hospitality Portfolio with 109-Room Downtown Tampa Buy

Noble Investment Group, which specializes in acquiring extended-stay hotels affiliated with Marriott, Hyatt, Hilton and Intercontinental brands, acquired the Residence Inn by Marriot Tampa Downtown. The Atlanta-based firm acquired the 109-key hotel from Dallas-based Ashford Hospitality Trust (NYSE: AHT) for $ 24 million, or about $ 220,000 per room. Ashford originally acquired the downtown Tampa […]

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