Florida Has The Top 5 Hottest Metro Commercial Real Estate Markets
According to the National Association of Realtors’ Commercial Real Estate Metro Market Conditions Index, CRE metro markets were particularly hot in the Sun Belt and West, with Florida walking away with the top five out of 16 markets.
Self Storage Still Rising After Pandemic
While the sector formerly relied on business from major life events such as death and divorce, the uptick in interest in the wake of the pandemic has continued, two years on.
More Renters Renewing Leases As US Apartment Market Continues To Tighten
RealPage found, among metro areas it tracks, apartment-renewal increases have surged the most in places seeing the biggest spikes in new lease rents.
Blackstone’s Results Show Real Estate Remains Key Defense Against Inflation, Market Uncertainty
Value of private equity giant’s opportunistic investment portfolio appreciates 10.3%, outpacing other segments.
Southwest Florida’s Labor Force Keeps Growing — But Not Enough To Meet Demand
“I think the main hurdle we have in SW Florida from a jobs perspective is that we don’t seem to have enough skilled labor for the jobs we want,” said Tiffany Luongo, Senior Advisor with SVN | Commercial Partners. “Our area has historically been saturated with hospitality and tourism industry jobs – moving away from that, into a more educated and skilled-labor workforce takes time.”
Office Space Up For Sublease Back On The Rise
The office sublease surge showed signs of abating late last year as companies juggled hybrid work plans and signed for space, but the rise in nationwide availability was back on in the first quarter of 2021.
National Moving Company PODS Names Sarasota Top Location For Moves In United States
Sarasota had the highest ratio of move-ins verses move-outs of PODS customers from January 2021 to March 2022, beating out Dallas-Fort Worth, Nashville and Tampa, according to a news release on the PODS data.
Tesla St. Petersburg Location Moves Forward with $13 Million Land Sale
The location is situated in the Lealman Community Redevelopment Area, which was established in 2015 to revitalize Lealman and is also home to an under-construction Amazon last-mile delivery center.
10 CRE Assets Ranked By Their Ability To Withstand Inflation
Some commercial real estate assets classes are more affected by inflation than others. CrowdStreet ranked 10 asset classes from strongest to weakest according to their ability to serve as inflation hedges.