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DealQwest Retail Investment Trends – 2017 Recap

By Kane Morris-Webster, CCIM & Cynthia Shelton, CCIM, CRE Today’s political environment has been extremely volatile while at the same time the retail real estate market is showing signs of staying on course. The velocity of deals sold has decreases slightly in the state of Florida for retail Properties 30,000 square feet and up,   2017 was down 9.4% from 2016 . Publix purchasing their own …

Has Southwest Florida hit the saturation point for res...

By Frank Kupiec As is typical for Southwest Florida, restaurants come and go in a flurry. Exciting announcements of new venues coming soon bloom every summer and fall, followed by the usual spring downturn for those who can’t handle the heat. The ebbs and flows of our market have become commonplace and expected. However, over the past few years, retail rental rates have continued …

Tax Reform Impact on Commercial Real Estate

By Mike Doyle, CCIM The Tax Cuts and Jobs Act was passed at the end of 2017 and many of us are wondering what impacts the changes in the tax code will have on the commercial real estate industry. Please read the following article published by the CCIM Institute to learn how these changes will impact CRE. Contact me via email or call me …

QwestDigest – Tampa Bay, Get The Latest Updates ...

  Lock In Your Bets: 22 Commercial Real Estate Trends To Expect In 2018   Who is going to stay afloat as grocers begin to compete against Amazon-Whole Foods.. Publix and Walmart merged bricks and clicks in 2017 while Sprouts planted Florida roots.   Out with the old and in with the new. Publix finds a new home in Westshore, old Sports Authority box: …

What’s Hot?

By Mike Doyle, CCIM Though Southwest Florida was hard-hit by Hurricane Irma as the category-five storm tore through the state in early September 2017, the SWFL market remains hot, the area is recovering and deals are getting done! A few sectors are outperforming the rest, namely: industrial, office and retail. The Industrial market has been strong with rental rates and sales prices increasing. Additionally, …

Investors Scramble for FL Deals Despite Growth

By Kane Morris-Webster, CCIM, Cynthia Shelton, CCIM, CRE, Chuck Smith, CCIM & Mike Doyle, CCIM Florida is a great place to not only live and work but also invest, especially in retail. In fact, Forbes ranks Cape Coral the #1 fastest growing city, and Central Florida #2. Florida took nine spots in the top 25, with Orlando projecting to be #1 in job growth …

The Industrial Rocket Launch

By Mike Doyle, CCIM We are more than halfway through 2017, and the question is: how is the Southwest Florida industrial market performing?   With the low vacancy level and rising rents, new industrial space is being built for the first time since the recession. The largest industrial project is located in southern Lee County, close to I-75, and will provide units 4,500 square …

Management: A Small But Powerful Victory

Management: A Small But Powerful Victory By Laura Juteau With so many small businesses moving into the Orlando, Tampa and Southwest Florida markets from out-of-state many do not realize that Florida is the ONLY state that has a Business Rent Tax. Furthermore, these new residents don’t know that this tax applies to any rent and has additional charges for commercial properties, including storefronts, offices …

Growth Bolsters Southwest Florida Commercial Real Esta...

By LandQwest Commercial Southwest Florida is among the fastest-growing areas in the United States, with Forbes naming Cape Coral as the nation’s fastest-growing city. Increasing population growth accelerates the need not just for residential space, but for the essential service to support them. All sectors of commercial real estate benefit from the influx of new residents.           INDUSTRIAL Strong population …

Office Squeeze-Play

Office Squeeze-Play By Adam Palmer, CCIM 2017 has started off well for Southwest Florida, especially as it relates to the job growth that it has been reporting. Charlotte County led all of Florida in year-over-year employment growth (12.5%), while their two-doors-down neighbor, Collier County, garnered second (11.4%). Meanwhile, Lee County was #1 in the state for Education & Healthcare job growth (7.2%), and second …

LAND: THE BIG PICTURE

By Michael Price, ALC We are halfway through 2017 and local/regional markets remain strong. Land sales and pricing remain at healthy levels over the first half of the year, but where do we go from here?     OVERALL TRENDS RESIDENTIAL DEVELOPMENT Many people wonder are we entering a period of slowing growth or are we gearing up for another increase? The more common …

Success in Outparcel Sales

By Brett Low, Many in the CRE community that specialize in outparcel sales and leasing have a commonality when it comes to success. That commonality is knowing the voids that exist in each market, and how to best describe why your site is a good fit for a prospect. Mapping an area by identifying existing businesses is a helpful tool to organize a plan to …

Quick & Dirty Tips for Hurricane Preparedness

Here’s our quick & dirty checklist to help you prepare your office in the event of a hurricane.    o Move goods, equipment or furniture away from windows and skylights.    o Clear all desk and table tops of small loose objects.    o Take down all loosely secured pictures, plaques, etc.    o Box or place in desk drawers/storage cabinets any loose papers, books, …

Failing Restaurants – What’s the Deal?

I’m constantly reading in Naples Daily News and The News Press about restaurants closing. Most recently it was: Midtown (Corner of 41 and Golden Gate Parkway – Naples) Fish Crazy (Tamiami Square – North Naples) Mercato: Stage Deli Rusty Bucket Masa Taps Restaurant and Lounge SO WHAT IS THE DEAL? It’s easy to understand if a start-up, first-time operator shuts its doors. As a …

How summer planning can make for a better season

By Frank Kupiec It’s that time of year again. The dog days of summer are upon us. For those of us in the Southwest Florida hospitality industry, that could mean the start of something new; such as opening a new space or starting a new concept, or maybe it’s time to sell, while demand is still high. Whatever your plans, take advantage of the …

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