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Coronavirus casts shadow over commercial real estate

Trade war hangovers, election year jitters and the COVID-19 coronavirus outbreak that sent shockwaves through the equity markets and predictions of an ugly global slowdown: Welcome to 2020. The verdict

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How online retail affects local property use

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text]2019 was another brutal year for many of the mighty tenants of retail real estate: Bed Bath & Beyond, Pier One, Sears,

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Architects react to shaky industry index

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] Venerable South Florida architect Bruce Retzsch has a standing joke about being in the architecture business: “We are always 90 days

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Rethinking the Benefits of Opportunity Zone Investment

Longer holding requirements, the continual drip of federal guidelines, and a lack of tax savings have left many would-be investors sitting out of tax-sheltering opportunity zones. A year after the

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WeWork’s woes spark worry

The fallout from coworking trailblazer WeWork’s IPO wipeout and management kerfuffle is sending a wave of worry across the office landscape. WeWork dropped a proverbial bomb on landlords across its

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Can region escape industrial slowdown?

The nation’s supercharged industrial real estate sector appears to be braking from its breakneck growth, after taking a battering from a prolonged government shutdown, an escalating trade war, a slowing

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Busy Subcontractors Pushing Prices Skyward Call it the downside of an upturn.

South Florida construction prices are hitting record levels and commercial real estate developers, landlords and occupiers haven’t felt this type of wallet wallop since the last building boom of the

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What the rise in sublets means

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] The email subject lines shout: “Below market rent. Plug and play. Quality opportunity. Ocean views. Prestigious downtown address.” No, they are

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Broward sees flurry of new office projects

OK, so, it is not a bona fide building boom, but it is a mounting wave washing over parts of Broward County’s new-inventory-starved office market. It is hitting when the

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Move to cut business rent tax continues

The 2019 Florida legislative session is setting up to be busy for bills affecting the commercial real estate sector. Topping the industry’s priority pile again this year is further reducing

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Subleasing could be a leading indicator

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] As 2018 drew to a close, Caroline Fleischer, managing principal of tenant representation firm Cresa, received a spate of sublets. It

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Exploring the State of International Trade

Start holding your breath again. Florida’s trade-oriented economy remains in the crosshairs, with rhetoric heating up again over trade wars, tariffs and this year’s required congressional ratification of the new

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New board for NAIOP NAIOP South Florida, a commercial real estate development organization, has announced the following officers and executive committee for its 2019 board of directors: • President: Butters Realty & Management executive vice president and office leasing director Darcie Lunsford. (Left). • President-elect: Duke Realty vice president Stephanie Rodriguez. • Secretary: Legacy Bank of Florida senior vice president of commercial lending Patricia Bedley. • Treasurer: Raymond James Financial adviser Marc Kopelman.