Category Archives: Commercial Retail Lease
Luxury Brands Increasing Retail Leasing
Most news stories will tell you that commercial spaces are empty, which is why employers are mandating that workers return to the office. But retail spaces are filling up, especially when it comes to luxury brands. Between 2022 and 2023, luxury brands have seen record growth in the United States. Luxury groups such as… Read More »
How Bed Bath & Beyond Closings Will Affect Florida Landlords
Landlords only make money when their properties are being leased. So when a company shuts its doors for good, they may be concerned about the future. Who will take over and for what price? This is how Florida landlords likely felt when they heard the news that popular retailer Bed Bath & Beyond filed… Read More »
COVID Pandemic Leads To New Commercial Real Estate Trend
It has been over a year now since the coronavirus made its way to the United States. This virus caused a global pandemic, forcing lockdowns, masks, and even business shutdowns. Many business owners were able to avoid bankruptcy and closures by changing their course. They offered different ways of shopping, curbside pickups, and takeout… Read More »
Commercial Real Estate Market to See Changes Due to COVID-19
Our way of life has been changing dramatically in the past month. With the coronavirus rapidly spreading throughout the United States, lawmakers are ordering residents to shelter in place. People must stay at home unless they need to run important errands. Employees should work from home whenever possible. Nonessential businesses are shut down. Schools… Read More »
Historic Building in Orlando to Be Renovated Into Retail, Restaurant Space
Many older buildings are often repurposed and turned into businesses that attract new people into the area. Some of these are historic buildings and in order to be redeveloped, there needs to be approval from the city council or other local agencies. Commercial and retail leasing is alive and well in large cities all… Read More »
Commercial Retail Leasing Strong in South Florida
Brick and mortar stores often cannot compete with the convenience and pricing of online retailers. As a result, even many top retailers have had to close down in recent years. A dozen retailers went bankrupt in 2018, including Mattress Firm, Rockport, Brookstone, Nine West and Claire’s. However, this has not stopped commercial retail leasing… Read More »
Weather Impacting Florida Real Estate Market
In many places, the economy is good and the real estate market is booming. Houses are selling for half a million dollars or more. If you’re looking to buy commercial real estate in Florida, though, be warned: the weather may be working against you. Entrepreneurs are flocking to South Florida to take advantage of… Read More »
Why South Florida is a Great Location for Retail Developments
Retail leasing is a great way for businessmen and women to make money, especially if they can secure a high-profile client. However, stiff competition, poor location and the wrong retail clients can make it difficult for landlords to get ahead in the retail game. Retail is a highly competitive industry. Stores cannot make enough… Read More »
Business Leases Help Bring New Life to Deserted Malls
With online shopping dominating the retail space, stores like Amazon.com are causing brick and mortar stores to go out of business. While malls filled with stores do still exist in Florida and many parts of the country, many stores are shutting down, leaving these empty retail spaces deserted. The future of malls is changing,… Read More »
Florida’s Commercial Real Estate Industry Third in the Nation
If you’re looking for a great place to invest in commercial real estate, consider Florida. Florida ranks third in the nation for money contributed to the state’s economy, at $189.4 billion in 2017. Only Texas and California contributed more. Florida also ranked third for spending on commercial real estate, at just under $100 billion…. Read More »