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By John Milsaps - May 27th 2020
The COVID-19 pandemic hit the United States like a ton of bricks. The hardest hit cities closed down for months with many local governments imposing stay-at-home and shelter-in-place orders. Non-essential office workers were asked to work from home leaving empty buildings across the country. As the country starts reopening and companies begin phased return-to-the-office initiatives, it’s now time for office building owners to start preparing the facilities for the return of people to the site. Many owners are asking themselves, […]
By Support imedia - May 6th 2020
Office property sales in the time of coronavirus will undoubtedly see changes as the office property landscape shifts and adjusts to our new reality. Some changes will come as a result of the approximate two-month closure of the economy while others will be prompted by new behaviors that took shape and took hold during the pandemic. In particular, I foresee that the work from home and social distancing practices will have the greatest impact on the office landscape. To help provide […]
By John Milsaps - March 30th 2020
In these challenging times when demands on the healthcare industry are higher than ever, some medical professionals and practices may need access to funds. If you own your commercial property, a sale-leaseback may be just what the doctor ordered. A sale-leaseback is when a property owner, who is also an operator, such as a doctor or dentist, sells their property but continues to operate their business in the building by leasing back the property from the new owner. The arrangement […]
By John Milsaps - March 30th 2020
Over the last few years, we’ve been enjoying a boom in the commercial real estate markets, and here in Tampa, the benefits of a strong and rapidly flourishing economy. In the midst of this bustling economy and strong growth for office property owners, we were blindsided by an unprecedented crisis. I’ve been getting inquiries from many office property owners with questions on what is the best strategy under these circumstances. The truth is, there is no clear answer. Each case […]
John Milsaps has spent the past decade dedicated to his role as a commercial real estate professional who specializes in landlord representation and seller representation. Working as a senior advisor with SVN Florida Advisors, he has consistently proven both his commitment to his clients, as well as his extensive knowledge of varying commercial space transactions. His familiarity and understanding of the Tampa bay business community only furthers his ability to connect business owners to the right strategic partners or buyers, whether local or nationwide....