Debartolo and Christian Tyler Properties Buy Corus Assets

Investors including DeBartolo recently paid $25.4 million for the $69 million Corus Bank mortgage on the Palms of Monterrey apartment complex in Fort Myers and $30 million for the Georgetown apartments off West Shore Boulevard in Tampa that sold for $125 million at the height of the boom in 2005. Excerpt from Gulf Coast Business Review […]

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Canadian REIT Looks to US Market for Commercial Real Estate Investments

Canadians and Brits have long been significant investors in US real estate and Florida is one of their most sought after markets.  We posted on here recently about the pick up in activity many of us have seen in regards to inquiries about real estate investments from international buyers.  We are headed to the Overseas […]

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Retail Vacancy in Tampa Reaches Reaches Highest Rate in Decade

Source: Tampa Bay Business Journal and Marcus & Millichap Moderating fundamentals, tighter underwriting and rising cap rates have kept many investors on the sidelines, the report said. Retail sales have fallen sharply due to a decline in employment, states the report. Specifically, a loss of 33,000 jobs in the Tampa Bay area in the first […]

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Finding Solutions for Your Vacant Commercial Real Estate Is No Joke

If you are like me, your friends clutter your mailbox with jokes, chain mail and “must read” inspirational messages.  Frankly, I have neither the time nor the energy to read these emails that have no relevance to the business that I need to conduct throughout the day.  The emails will end up rolling quickly in to the […]

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Is Tampa Commercial Real Estate Market in REALLY Bad Shape?

Excerpt from the Tampa Tribune: …..All told, Tampa ranks 46th out of 65 metro areas by highest rate of distressed commercial property, factoring in the size of each market. Las Vegas ranked first, with an estimated 32 percent of its commercial properties in some type of distress, followed by Detroit, at 24 percent. Most-distressed commercial […]

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Property Taxes: How Does Tampa Bay Area Stack Up?

The Tax Foundation is a  Washington DC based think tank that collects data and publishes research studies on tax policies at the federal and state levels. The group is most famous for its annual calculation of Tax Freedom Day for the United States, which it has produced since the early 1970s.  The Foundation’s mission is […]

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Net Lease Commercial Advisory Adds Tampa Native to Team

Net Lease Commercial Advisory   www.roireal.estate 813-514-1070 fax: 813-354-2338 For Immediate Release NET LEASE COMMERCIAL ADVISORY GROWS TAMPA OFFICE WITH NEW HIRE DAVID M. WILLIAMS TAMPA, FLORIDA –Net Lease Commercial Advisory is pleased to announce that David M. Williams, former Business Director of Synergy Properties has joined the firm’s commercial real estate team as a […]

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