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.
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.
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.
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.
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.
$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.
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.
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.
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.
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.
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.
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.
Day care chain looks to add eight locations between Pasco and Fort Myers
Day care chain looks to add eight locations between Pasco and Fort Myers (Heading)
The Learning Experience, a chain of day care centers, plans to add eight locations across the region in the next two years.
What to watch in Tampa Bay, Florida’s office market in 2026
The Tampa Bay office sector enters 2026 after its strongest leasing year in a decade. The market recorded approximately 7.3 million square feet of leasing activity in 2025, surpassing seven million square feet for the first time since 2013.
This surge, concentrated in four- and five-star properties, pushed availability in top-tier buildings down to 14.9%, the lowest in five years.
Tampa Bay, Florida’s office vacancies concentrated in aging suburban buildings
Tampa Bay’s office vacancy is increasingly concentrated in a small subset of aging buildings located in outer suburban areas, underscoring the market’s ongoing flight to quality.
Tampa Bay, Florida’s small-bay industrial market reclaims leasing dominance
Leasing activity shifts back to smaller buildings as demand for large buildings slows
After several years of headline-grabbing mega leases, Tampa Bay’s industrial market is returning to its roots.
Why it's taking longer to build new office space
Pandemic-era disruptions and market pressures stretch timelines for small and large buildings
The time required to bring new office space to the market has increased dramatically in the U.S. in recent years, with both construction periods and project delays rising sharply since the onset of the pandemic.
Medical Office Deliveries Decline Amid Rising Investor Interest
New medical office space falls short of decade average
The construction of medical office buildings is entering a period of notable contraction. According to Marcus & Millichap’s national report on medical office assets for the first half of 2025, total completions are set to fall a million square feet below the average 11 million square feet seen over the last decade.
Consumers temper their pessimism as a tariff deadline nears
Sentiment improves for the third straight month
A buoyant stock market and a temporary pause in tariff tension helped temper American consumers' pessimism last month, according to a handful of data releases.
Tampa Bay manufacturers dispute report of sector's demise
Reports, articles, and more signaling the demise of the U.S. manufacturing sector have sprouted up for various reasons dating back to at least the 1980s. The culprits change — Japan, China, Mexico, and more have been in the queue — depending on the politics and economics of the day, with the latest one being President Trump’s tariff policy.