Commercial Real Estate Insights

This Black Friday Could Be the Last for Many Stores

Consumers May Bombard Malls and Online Channels, But Not All Retailers Will Win As the crucial holiday shopping season gets into full gear, some retailers may concern this will be their last Black Friday. This year, probably more than any other, could be a death knell...

How Commercial Property Owners Are Adapting to a Greener World

This is likely not news to anyone in the industry, but commercial buildings have immense energy needs. This is putting a great strain on the nation’s power grids. According to the U.S. Department of Energy, the annual electricity use for commercial building space is...

New Main Plaza owner plots 10-story residential buildings

In addition to 418 dwelling units, the plans for a portion of the downtown property call for 50,700 square feet of commercial space on the ground floor.   A Connecticut-based company has filed plans with the city to build two 10-story residential buildings on the...

Q3 2019 | Market Update

Q3 2019 | Market Update

The Southwest Florida commercial real estate market continues to set records as both local and out-of-state businesses and investors continue to see long term value in the sunshine state.  Many new, major developments underway in Sarasota, Bradenton, St. Pete and...

CoStar Economy: Trade Deals Bring Relief, for Now

Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” - New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global growth...