The headlines in early 2024 were eye-opening for many: “Southwest Florida Braces for Population Surge as Lee County Nears One Million Residents.” This forecast stemmed from a January report by the University of Florida’s Bureau of Economic and Business Research (BEBR). The data projected that Lee, Collier, and Charlotte counties would witness some of Florida’s […]
Craft Brewing Revolutionizes Commercial Real Estate By Gary Tasman CEO & Principal Broker, Cushman & Wakefield Commercial Property Southwest Florida, LLC Anyone who has taken up the art of market watching over the last ten years may have noticed that breweries, micro-breweries and brewpubs have more than tripled the craft brewing market and placed most
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By Gary Tasman The COVID-19 pandemic has forced us all to re-evaluate the ways we conduct business, including remote work opportunities, surface sanitization, social distancing, human resources policies and indoor air quality. For those in the commercial leasing business, the concept of force majeure and how it applies to the pandemic is also being evaluated.
Your Commercial Lease Clauses and COVID-19 Read More »
If you’re like most people, you have mixed feelings about the recent rise of artificial intelligence technology. Our curiosity about AI is tempered by confusion and anxiety about its future implications. According to a recent Ipsos survey, only 36% of Americans are excited about the potential benefits of artificial intelligence, a number significantly lower than
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By Gary Tasman Rarely a week passes without a financial publication speculating about the potential for a recession. While some experts believe that the red-hot job market is far too strong to precipitate a downturn in this calendar year, others point to traditional factors such as rising interest rates, high inflation and an inverted yield
How Would a Recession Impact Southwest Florida? Read More »
By Gary Tasman When NOAA predicted a “near normal” Atlantic hurricane season for 2023, many Southwest Floridians breathed a cautious sigh of relief. However, long-time Florida residents know not to put much stock into these predictions, as a catastrophic storm can occur even in the mildest of years. Hurricane Andrew, after all, devastated South Florida
Securing Your Investment in the Eye of the Storm: Hurricane Risk Assessments Read More »
By Gary Tasman Earlier this month, the World Health Organization declared an official end to the coronavirus public health emergency. Although most traces of the pandemic have faded, its societal impact still lingers. COVID-19 has irreversibly changed the way we shop, communicate, visit the doctor, and even enjoy our meals. We are spending more time
Shifting Office Trends in a Post-Pandemic World Read More »
By Gary Tasman If you’ve ever attended a ceremonial groundbreaking for a school, restaurant, corporate headquarters or other new building, you understand the symbolism of that first turn of the dirt. The groundbreaking ceremony signifies the start of that construction project. In most cases, however, months or even years have already been spent preparing the
The Importance of Being “Shovel Ready” Read More »
By Gary Tasman Many people are surprised to learn that as commercial property brokers, our role at Cushman & Wakefield | Commercial Property Southwest Florida (CPSWFL) goes far beyond simply buying, selling, and leasing real estate. While real estate transactions are certainly our core business, we strive to offer added value to our clients. Our
Reimagining Southwest Florida: The Counselors of Real Estate Read More »
By Gary Tasman The past year has been a remarkable one in Southwest Florida, and the commercial real estate market is no exception to this trend. Record low vacancy rates, combined with a continued population surge in the region, have driven local demand for commercial property to historic levels. In contrast, high interest rates, inflation,
What do 2022’s Trophy Transactions Say About Commercial Property in Southwest Florida? Read More »
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