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CRE News 10.28.26

Industrial Construction Recovery Faces Higher Costs and Longer Approvals Industrial construction is gaining momentum in 2026, but developers face a tougher test than finding demand. Power shortages, rising costs, and local opposition are complicating projects just as groundbreakings have a chance to reach their highest level since the record set in 2022.

For investors, the recovery comes with a caveat: a growing construction pipeline doesn't mean building is getting easier.

CRE News 10.20.26

Fort Myers retail building sells for $3.7 millionPrivate investor buys property from Gulf Coast Motorcycles of Fort MyersA private investor has acquired a one-story retail building at 17080 Pharmacy Road in Fort Myers, Florida, from Gulf Coast Motorcycles of Fort Myers for $3.7 million, or about $249 per square foot.

CRE News 10.05.26

EoS Fitness building in Fort Myers, Florida, sells for $14.2 millionBarclay Group completes built-to-suit sale of fully leased retail propertyEquity Management Partners has acquired a freestanding retail building at 10560 Colonial Blvd. in Fort Myers, Florida, from Barclay Group for about $14.2 million.

CRE News 09.29.26

Tenant Retention Takes Center Stage in Small-Bay IndustrialFor years, small-bay industrial owners have benefited from a simple equation: strong demand from local businesses, limited new supply, and a steady ability to reset rents as leases rolled over.

CRE News 09.21.26

Tampa, Florida; Columbus, Ohio; rank as strongest small-bay industrial markets  An updated analysis of the nation's largest industrial markets found that demand for small bay industrial space remains remarkably durable in select markets despite broader weakness across the sector.

CRE News 09.18.26

The 10-year Treasury hits 5%. Here's what it could mean for Tampa investment sales The 10-year Treasury yield hit 5% on Sept. 14, reaching its highest level since 2007. Because the benchmark serves as the foundation for many commercial real estate loan rates, the move has renewed questions about whether borrowing costs could slow investment activity in Tampa Bay.

CRE News 08.19.26

AmeriLife renews and expands at Clearwater, Florida, office campus Insurance company now leases nearly 120,000 square feet

AmeriLife, a Clearwater, Florida-based national insurance and retirement solutions company, has renewed its lease at AmeriLife Place II, the three-story office building at 2650 McCormick Drive in Clearwater.

CRE News 08.17.26

Sarasota, Florida, stands out as large-scale retail development gains momentum

Large-scale retail development remains relatively uncommon across much of Florida as rising construction costs and limited available sites continue to constrain new projects.

CRE News 07.23.26

Fishermen's Village in Charlotte County sells for $43M

Two real estate investment firms — one based in Punta Gorda, the other in Miami — have acquired Fishermen’s Village in Charlotte County. Harborview Capital Group and Torose Equities purchased the 22.8-acre property for $43 million, according to a statement.

CRE News 07.14.26

Banks push past era of office loan weakness as commercial property lending

Two of the largest U.S. banks, Wells Fargo and Bank of America, offered new evidence that business remains solid for their commercial-mortgage customers as the industry moves beyond the post-pandemic era of struggling office loans.

CRE News 07.11.26

Sarasota ranks No. 2 among best U.S. cities for office investing

Investors looking to buy office properties, buildings and spaces may benefit from looking in Sarasota in 2026, as the city was ranked No. 2 in “The Best Cities for Office Investing in 2026” by LoopNet.

CRE News 06.09.26

Industrial Vacancy in Southwest Florida To Recover as Record Construction Slows

Industrial in Southwest Florida has gotten off to a rough start of the year on the heels of the holiday season demand waning, causing move-outs.

In the first quarter, CBRE reported that the market saw -110,000 square feet of negative absorption after two straight three-month periods of positive demand.

CRE News 05.18.26

Largo industrial buildings sell for $23.5

Bromley Industrial Partners, a Tampa real estate investment firm, has bought a two-building, 200,000-square-foot industrial complex in Pinellas County.

The company paid $23.5 million for the property at 14450 and 14480 62nd St. N. in Largo.

CRE News 05.05.26

$15B Michigan credit union expands in region with Hillsborough branch

Lake Michigan Credit Union has opened its 23rd branch in Florida — this time in Hillsborough County’s Valrico community.

LMCU’s new Valrico branch, at 3467 Lithia Pinecrest Road, announced its grand opening May 1 and is the bank’s 75th branch overall.

CRE News 04.19.26

Goodwill to take over former Tervis headquarters in Venice

Goodwill Industries-Manasota has signed a lease to take over the former Tervis headquarters for a 54,189-square-foot Sustainability & Logistics Center.

The property, located next to MITER Brands, formerly known as PGT, is at 201 Triple Diamond Blvd.

CRE News 03.27.26

Shallow-Bay Warehouse Demand Outpaces Supply, Driving Strong Rent Gains

Demand for shallow-bay warehouses — industrial properties under 50,000 square feet with clear heights between 14 and 28 feet — continues to outstrip supply, sending asking rents more than 50% higher since 2010, according to CBRE research.

CRE News 03.23.26

Why Appraisal Services Are in High Demand Now

As institutional investors reassess portfolios and adjust asset allocations, they are also spurring fresh demand for appraisal and risk management services.

The growing interest is creating new reporting demands and an increased need for valuation services, Eric Durden, newly appointed head of value and risk advisory in JLL's value and risk advisory business, told GlobeSt.com

As the CRE market begins to stabilize, price discovery becomes important as investors consider acquisitions and lenders consider whether an appraisal justifies a loan, noted Becci Curry, another recent hire who is global head of strategy and quality management within the same business.

CRE News 02.22.26

The second life of America’s shuttered pharmacies

The U.S. pharmacy sector is undergoing one of the most significant contractions in modern retail history, reshaping corners, intersections and neighborhood stores nationwide.

Since 2022, the unwinding of pandemic-driven demand and long-standing structural pressures has led to thousands of drugstore closings from the sector’s three primary operators.

CRE News 02.20.26

Port Charlotte industrial portfolio gets nearly $4 million refinancing

The owner of an industrial portfolio in Port Charlotte has refinanced the properties for $3.7 million.

The portfolio spans 56,600 square feet and is at 7410 Sawyer Circle and 24050, 24100 and 24150 Tiseo Blvd.

CRE News 01.22.26

What to watch in Tampa Bay, Florida’s industrial market in 2026

Tampa Bay’s industrial market enters 2026 on a distinctly different footing than it did last year.

The vacancy rate has climbed to 7.3%, the highest in a decade, and annual absorption hit a 10-year low in 2025. Rent growth slowed to just 2.9%, the weakest annual rate since 2015. Despite these headwinds, Tampa Bay continues to outperform many U.S. markets, particularly in the small-bay segment.