Americans’ grocery shopping habits changed significantly during the COVID-19 pandemic, forcing retailers to find new ways to provide essential goods and services. Half of U.S. consumers now say they purchase at least some of their groceries online. Will traditional grocers expire as consumers continue to shop from the comfort of their home?
The Southwest Florida commercial real estate market is white-hot, and many property owners are hoping to take advantage of high values by selling their assets. While some buildings and land will be snapped up quickly by eager buyers, other properties are likely to languish on the market for months—or even longer—with little interest from potential investors. Generally speaking, there are four reasons why your commercial property isn’t selling.
Our mobile devices have changed substantially since the “car phones” of the 1980s. Several generations of mobile technology preceded today’s smart devices, and each advancement followed a revolution in how mobile networks operate. Today, we’re on the cusp of another revolution: 5G. This new technology promises to change our workplaces, as well as the way we design, market, and monetize commercial property.
As our nation returns to normalcy with improved pandemic procedures, antiviral technologies and a rising vaccination rate, offices are once again filling with employees. Southwest Florida, in fact, is setting the pace for a resurgence in commercial office space. The commercial office property market is one indication of how our region can thrive in the face of adversity.
A well-managed property will generate rental revenue above and beyond the expenses of mortgage payments, interest, and regular upkeep. However, that doesn’t necessarily mean owning property is necessarily easy. There are seven major signals that indicate you may benefit from employing a property manager.
Commercial real estate can be a valuable asset in your investment portfolio, and your commercial property broker is an instrumental partner as you consider your investments. Although there are some significant barriers to entry, there are numerous advantages to including commercial property in your investment strategy.
With Southwest Florida’s population booming and interest rates at near historic lows, our region is once again ripe for commercial development, and investors are taking notice. Before you take the leap into commercial property investing, there are five questions you should ask yourself.
With Southwest Florida’s population booming and interest rates at near historic lows, our region is once again ripe for commercial development, and investors are taking notice. Before you take the leap into commercial property investing, there are five questions you should ask yourself.
Stay-at-home regulations, social distancing, and public apprehension have forced restaurants to shift their models significantly. Fortunately for many dining establishments, the “quick service restaurant” trend had already emerged pre-pandemic.
