Recent headlines about the redevelopment of Westshore Plaza in Tampa reflects a broader trend happening across the country. Once vibrant hubs of shopping and social activity, malls like Westshore are struggling to adapt to the evolving retail landscape. For...
If you’re in the market for a new commercial leasing company for your property, there are certain qualities that you should look for in order to ensure you’re getting the best service possible. We’ve outlined some of the key attributes to consider when choosing a...
In a recent blog, we covered how to benchmark the performance of your commercial real estate asset against its peers. But what about benchmarking your management and operations staff? How do they perform relative to their peers in the industry? To assess this, owners...
If you’re not benchmarking your returns, how do you know how well your asset is performing against its peers? Benchmarking simply means comparing the returns of your investment to another broader index or investment. For example, did your brokers stock picks...
Owning commercial real estate is one thing; managing it is another thing altogether. Owners often don’t have the time or the resources to effectively manage their own commercial real estate asset(s). Improper management can lead to loss of revenue and property...
The traditional office isn’t going anywhere. In the earlier stages of the pandemic, there was a real concern that everyone’s love affair with the work from home concept was going to devastate the commercial real estate market. Well, that love affair has been...
Adaptive reuse is a relatively new trend in real estate that has begun to boom in recent years. It is the process of renovating a building and giving it a new purpose. We have seen quite a few adaptive reuse projects popping up in Tampa, FL over the past decade. There...
Choosing the right property manager or leasing agent can have a dramatic impact on the performance of an investment. Property managers perform a wide array of critical functions including providing services to tenants, reporting to the owner, maintaining the asset,...
There have been countless reports of the effect that e-commerce has on the industrial demand of our country. We looked at 3 factors that contribute to that and found the link between e-commerce and industrial demand may be vastly overstated. The increase in online...
The Tampa Bay area landscape is changing. With supply in commercial real estate space dwindling, we are finally seeing the shift to development in the area. Below, we outline some of the major projects that are shaping the real estate industry in our area: Water...