CPSWFL

CPSWFL Names James Kishel as Chief Operating Officer

Cushman & Wakefield | Commercial Property Southwest Florida (CPSWFL) has announced the appointment of Jamie Kishel as Chief Operating Officer, marking a significant addition to the firm’s executive leadership team. In his role as COO, Kishel will oversee the firm’s day-to-day operations across brokerage, property management, development, and facility services, driving strategic alignment and operational efficiency. His leadership will support CPSWFL’s continued growth and commitment to providing clients with industry-leading real estate solutions across the region. Kishel brings more than two decades of experience with Cushman & Wakefield, where he held several senior positions and played a key role in expanding the company’s industrial platform nationally. His expertise in organizational development, process improvement, and client service strategy has been instrumental in shaping performance-driven teams across multiple markets. “Bringing Jamie onto our leadership team reflects both the strength of our organization and our confidence in the region’s continued economic growth,” said Gary Tasman, CEO and Principal Broker at CPSWFL. “His experience, insight, and leadership will further enhance our ability to deliver exceptional results for our clients and partners.” Kishel’s relocation to Southwest Florida underscores his belief in the market’s long-term potential. As COO, he will focus on advancing operational initiatives, mentoring emerging talent, and supporting CPSWFL’s mission to provide best-in-class commercial real estate services throughout the Gulf Coast region. Kishel was recently featured in Gulfshore Business for his transition to Southwest Florida and his expanded leadership role. Read the full article here.

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Prime Downtown Fort Myers Office Building Sells Above Market Value

Prime Downtown Fort Myers Office Building Sells Above Market Value Cushman & Wakefield | Commercial Property Southwest Florida facilitates $500,000 sale at 2431 First Street   The office building at 2431 First Street in Downtown Fort Myers has sold for $500,000, above market value, in a transaction facilitated by Cushman & Wakefield | Commercial Property Southwest Florida, LLC and Senior Director Michael F. Curran. The 1,368-square-foot property, originally listed for lease, quickly drew interest thanks to its prime location along First Street, offering excellent visibility, high vehicle traffic, and strong pedestrian activity. That demand resulted in a purchase by 2431 First Street LLC, underscoring the appeal of downtown Fort Myers as a business hub. Designed for general office use, the building sits in the center of Fort Myers’ vibrant downtown corridor, making it an attractive investment and a reflection of the continued momentum in the city’s commercial real estate market. “We are thrilled to have facilitated this transaction, which reflects the robust demand for well-positioned properties in Fort Myers,” said Michael F. Curran, Senior Director at Cushman & Wakefield | Commercial Property Southwest Florida. “This sale exemplifies our ability to maximize value for our clients through tailored strategies and deep market knowledge.” The successful sale highlights Cushman & Wakefield | Commercial Property Southwest Florida’s expertise in delivering results that benefit clients and support the growth of the regional economy. For more information about this transaction, or to learn more about Commercial Property Southwest Florida, please contact Gary Tasman at gtasman@cpswfl.com or visit www.cpswfl.com. 

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North Fort Myers Parcel Sale Featured in Cape Coral Breeze

The $550,000 sale of a 7.24-acre parcel at 17501 N. Tamiami Trail in North Fort Myers, represented by Gary Tasman, CEO and Principal Broker, and Shawn Stoneburner, Senior Director of Cushman & Wakefield | Commercial Property Southwest Florida, was also covered in Cape Coral Breeze. The buyer, R.B.E. Investments of Southwest Florida Inc., is considering potential light industrial development for the site. Read the full article in Cape Coral Breeze here. 

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FDLE Breaks Ground on New Fort Myers Regional HQ

The Florida Department of Law Enforcement (FDLE) has officially broken ground on its new $36 million Regional Operations Center in Fort Myers, reinforcing the agency’s long-term commitment to public safety in Southwest Florida. Located on Oriole Road near the I-75 and Alico Road interchange, the new two-story, 64,000-square-foot facility will consolidate multiple FDLE operations, including forensic labs, digital evidence analysis, offices, and training areas, into one purpose-built location. Developed by Seagate Development Group in partnership with Easterly Government Properties, the project is expected to be completed by October 2026. FDLE has signed a 25-year lease with renewal options. Cushman & Wakefield | Commercial Property Southwest Florida represented Seagate in both the land acquisition and lease negotiations, helping to align the vision of public-sector leadership with institutional development strategy. “This wasn’t just about site selection. It was about solving a complex need with a long-term strategy,” said Gary Tasman, CEO and Principal Broker. “Our team brought together the right partners, the right location, and the right vision to ensure FDLE’s future in Southwest Florida. This project reflects the type of forward-thinking leadership and collaboration that define our firm.” “There was a lot of intention behind this deal,” added Shawn Stoneburner, Senior Director at Cushman & Wakefield. “From infrastructure and access to security and growth potential, we made sure every aspect of the site and lease supported FDLE’s mission. It’s a great example of the value Cushman & Wakefield brings when strategy and execution come together.” The new facility replaces FDLE’s current storm-damaged location at Page Field and will initially serve around 70 employees with future expansion capacity for up to 100. Read the full story on Gulfshore Business here.

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Trump 2.0: How Policy Changes Could Impact Commercial Real Estate

Cushman & Wakefield’s recent webinar, Trump 2.0: Implications for Property, provided expert analysis on how recent shifts in economic policies might influence the real estate market and overall economy. Our Global Think Tank identified several important considerations for investors and stakeholders navigating the evolving landscape, including: Economic Uncertainty and Stagflation: A short-term economic slowdown combined with higher inflation is anticipated in 2025. Rising Construction Costs: Tariffs are likely to increase construction material expenses by 5-7%, potentially benefiting existing property owners due to slower new development. Federal Employment Cuts: Reduced federal workforce expected to impact office space demand, particularly in the DC area. Interest Rate Volatility: Significant fluctuations in interest rates are expected, with a general stabilization around 4-4.5% for the 10-year Treasury. Industrial and Retail Sectors: Tariffs and weaker consumer demand could temporarily affect occupancy rates, but resilience is anticipated. Capital Markets Outlook: Short-term cautious investment climate evolving into a gradual recovery, driven by demand for stable income assets. Long-Term CRE Investment Strength: Commercial real estate remains an attractive asset class, offering diversification and protection against inflation. GSE Privatization: Possible privatization of government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac is unlikely immediately, but multifamily lending remains strong. Explore detailed insights and data shared during our expert-led session: Trump 2.0 Webinar Key Points April 2025 Presentation Slides Replay the Webinar For questions or additional insights, please connect directly with our team of experts.  

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Cushman & Wakefield’s Market Expertise Took Center Stage at ULI’s 2025 Southwest Florida Focus Real Estate Forum

Cushman & Wakefield’s Market Expertise Took Center Stage at ULI’s 2025 Southwest Florida Focus Real Estate Forum Research Analyst Eric Messer Presented on Key Market Trends, Migration Patterns, and Commercial Real Estate Outlook for Southwest Florida Fort Myers, Fla. (February 2025) – Cushman & Wakefield, a global commercial real estate services leader, took center stage at the 2025 Southwest Florida Focus Real Estate Forum, where industry leaders gained exclusive insights into the region’s evolving market. As Southwest Florida experienced dynamic economic and demographic shifts, Senior Research Manager Eric Messer presented data-backed forecasts that shaped investment strategies and commercial growth across the region. Messer’s session delivered an in-depth analysis of key market trends, economic drivers, and commercial real estate performance across all asset classes, providing attendees with a forward-looking perspective on market demand, development trends, and investment opportunities in 2025 and beyond. His insights highlighted how migration trends, evolving economic forces, and capital market shifts shaped the future of industrial, office, multifamily, and retail sectors in Southwest Florida. As the leader of Cushman & Wakefield’s Florida research team, Messer and his team provided comprehensive market intelligence, collecting, analyzing, and interpreting quarterly and annual data across office, industrial, multifamily, and retail properties. His presentation outlined how vacancy rates were expected to stabilize, capital markets were reawakening, and population growth continued to drive regional commercial development. “Southwest Florida’s real estate market was at a pivotal moment, influenced by demographic shifts, national economic forces, and evolving investor sentiment,” said Messer. “At Cushman & Wakefield, we leveraged extensive market research and real-time data to help clients anticipate trends and make informed decisions. The ULI Forum provided an excellent platform to share these insights and engage with industry leaders navigating the region’s opportunities and challenges.” According to Cushman & Wakefield’s latest research, Southwest Florida’s commercial real estate sector saw continued growth in industrial development, driven by e-commerce expansion and demand for last-mile distribution centers. The multifamily sector remained strong, with rental demand increasing alongside continued migration into the region. While office vacancy rates remained elevated in some submarkets, the flight-to-quality trend led to reinvestment in Class A properties. Retail demand also rose, particularly for mixed-use developments that incorporated live-work-play concepts. “Southwest Florida entered a new phase of economic and commercial real estate growth,” said Gary Tasman, CEO & Principal Broker of Cushman & Wakefield | Commercial Property Southwest Florida. “Businesses and investors recognized the long-term value of this market, and our data showed that key sectors—particularly industrial and multifamily—continued to thrive in 2025 and beyond. The insights Eric Messer shared at ULI’s annual forum were invaluable for those looking to make informed, strategic decisions in this evolving landscape.” The 2025 ULI Southwest Florida Focus Real Estate Forum brought together top real estate professionals, developers, and industry experts to discuss growth trends, housing solutions, and commercial real estate strategies. This year’s forum featured key insights into Lee and Collier County’s economic development, the Housing Coalition’s strategies for expanding housing access, and emerging trends in real estate for 2025. To view Eric Messer’s Presentation on Southwest Florida and Commercial Real Estates 2025 Economic Outlook click here. As a leader in commercial real estate research and advisory services, Cushman & Wakefield | Commercial Property Southwest Florida provides clients with actionable insights and strategic guidance across all property sectors. The firm’s deep understanding of market dynamics ensured clients were equipped to capitalize on emerging opportunities and navigate evolving trends in Southwest Florida and beyond. This year’s forum was made possible through the generous support of sponsors, including Cushman & Wakefield Commercial Property Southwest Florida, Christopher Alan Homes, M/I Homes, and Owen-Ames-Kimball Company.

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Trump 2.0 & Implications for Property

Are you Wondering about the Trump Administration’s Potential Impact on Real Estate Markets? The recent election of Donald Trump as the 47th President of the United States signals potential shifts in economic and property landscapes. With Republicans controlling both Congress and the White House, policy changes could span regulatory, fiscal, trade, and immigration areas, influencing commercial real estate (CRE) markets. Key positives include reduced market volatility, fiscal stimulus boosting corporate profits, financial deregulation, and policies favoring housing supply and CRE investment. Additionally, anticipated federal mandates for office returns may revive office space utilization in key markets. Conversely, negatives such as potential inflationary shocks from tariffs, restrictive immigration policies, and interest rate volatility pose challenges to sustained growth. While immediate impacts on CRE are limited, long-term effects will depend on the scope and execution of policy changes. Industry experts recommend focusing on macroeconomic trends and maintaining strategic, long-term investment perspectives. For more insights on CRE trends under the new administration For expert insights and further inquiries, contact Cushman & Wakefield | Commercial Property Southwest Florida by calling 239.489.3600 or email us at info@cpswfl.com for more information! Read The Full Article Here

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Six Critical Questions Part 5:Has Southwest Florida’s Wave of Multifamily Construction Reached its Peak?

Southwest Florida’s housing market is evolving, and multifamily construction trends are at a pivotal point. In Part 5 of our Emerging Trends in Commercial Real Estate series, Cushman & Wakefield’s | Commercial Property Southwest Florida CEO, Gary Tasman explores; 📉 The 62% drop in multifamily construction starts and the reasons behind it. 🏠 Ongoing housing shortages and the region’s affordability challenges. 📊 Future predictions: Why this slowdown is only temporary, with a rebound expected by 2026. Understand what these changes mean for developers and investors looking to navigate the current market and prepare for the next wave of opportunities. 📍 Watch now for expert insights and actionable takeaways. ➡️ Read the full article: https://bit.ly/MultiFamilyDevelopmentSWFL For expert insights and further inquiries, contact Cushman & Wakefield | Commercial Property Southwest Florida. 📞 Call us at 239.489.3600 or email us at info@cpswfl.com for more information!

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Six Critical Questions Part 4: What Are the Hottest Corridors in Southwest Florida?

In the fourth installment of our series, we dive into the hottest commercial corridors in Southwest Florida! Discover key insights that every investor and developer needs to know. Key Topics Covered: Punta Gorda Airport: Exciting expansion plans and projected growth of 4 million square feet of commercial space by 2026. Burnt Store Corridor: Explore 14 new developments, including the Hudson Creek project, which aims to create 13,000 housing units and 1,100 jobs. Pine Island Road: A significant shift from retail to multifamily developments with over 5,000 apartments on the horizon. Fort Myers River District: Upcoming luxury apartments, entertainment venues, and pedestrian parks to enhance urban living. Skyplex: Lee County’s largest economic initiative with plans for 8.15 million square feet of development and 21,000 jobs. Alico Road: A booming mixed-use logistics hub that will support 60,000 jobs in five years. East Collier County: The transformation of communities and future commercial projects that promise growth. 👉 Don’t miss out! If you’re an investor looking for the next big opportunity, this video is for you! For expert insights and further inquiries, contact Cushman & Wakefield | Commercial Property Southwest Florida. 📞 Call us at 239.489.3600 or email us at info@cpswfl.com for more information!

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Six Critical Questions Part 2: What Impact Will Interest Rates Have on Commercial Real Estate?

🔍 What Impact Will Interest Rates Have on Commercial Real Estate?   Join Gary Tasman, CEO & Principal Broker of Cushman and Wakefield Commercial Property Southwest Florida, as he shares his strategic thought leadership on the factors influencing the commercial real estate market in Southwest Florida in part 2 of our video series on Emerging Trends in SWFL.   Over the past year, we’ve seen a significant deceleration in transaction volume due to rising construction costs, land scarcity, increased insurance premiums, and, notably, higher interest rates. To learn more about emerging trends in commercial real estate in SWFL follow this link; https://bit.ly/InterestRatesCPSWFL

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