Will Money Come Back into Gyms and Other Hard-Hit Sectors?

by | Mar 17, 2021

If sales for those assets increase, cap rates could move up. In 2020, the office and industrial sectors accounted for nearly 81% of the single-tenant net lease investment sales activity, according to the Stan Johnson Company Q4 Net Lease Market Snapshot. While...

Economic Update | February 8, 2021

by | Feb 5, 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...

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

by | Feb 2, 2021

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...

Positive signs are on the horizon for CRE

by | Nov 18, 2020

The announcement of successful vaccine trials and new concepts of employee work environments may be good news for the industry It’s no secret that the COVID-19 pandemic and accompanying lockdown have inflicted severe damage upon the world economy. That’s been true of...