CRE newcomer finds many benefits in mentoring program

When you start a career in commercial real estate (CRE), there’s nothing like getting that first commission. One thing that can speed up the process dramatically is having mentors around to guide a newcomer through the inevitable twists and turns. The mentoring...

Economic Update | February 23, 2021

Industrial Sector  According to Real Capital Analytics, hedonic cap rates for Industrial properties held at their all-time low through Q4 2020, finishing the year at an even 6.0%. Between strengthening property fundamentals and lower benchmark interest rates,...

Economic Update | February 8, 2021

GDP According to the Bureau of Economic Analysis’ advance estimate, fourth-quarter sales grew at a seasonally and inflation-adjusted annual rate of 4.0% from the previous quarter. Despite a slowdown in improvement after the Summer’s initial snapback, Q4’s reading...

Tenant representation: a critical component of CRE

The logistics of placing a client in a commercial leasing space are complex Being a commercial real estate (CRE) advisor means more than just selling. For many of us, the work of tenant representation makes up as much as 25 percent of our work. It’s an important part...

Downtown Sarasota BB&T office building sold for $35 million

One of Sarasota’s most recognizable downtown office buildings has been sold to a Miami firm for $35 million. The nine-story, 550,000-square-foot BB&T Financial Center at 1800 Second St. in Sarasota was purchased by Tricera Capital of Miami. The sale, which closed...