Bradenton/Palmetto a robust market that could use more inventory

Many CRE sectors remain healthy as businesses migrate to the Sunshine State There’s a whole lot of demand, not enough supply.   That sums up much of the commercial real estate (CRE) market in the Florida cities of Bradenton and Palmetto. But builders and investors are...

Big Boxes Adjust to New Market Realities

Some are expanding, while others are shrinking. Right now, the big box world is a tale of two markets. Properties housing essential tenants, like grocery stores, are hot. Properties with gyms and movie theaters are struggling. Assets with investment-grade tenants are...

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

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...

CRE Gets Boost as Economy Adds 379,000 Jobs in February

Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics: Some 379,000 jobs were added to US payrolls last...