3 Workplace & Office Trends & H...
The workforce and workplace are evolving. Business owners, office market investors, and property owners are encountering population, demographic, and labor force shifts that are altering the workforce and thus workplace environment. To remain competitive as a workplace and office property, business and property owners can adapt to these market trends without making big investments. Let’s take a ...
Continue Reading
Office Space Sold in December, 2018
Sales activity increased month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 48 transactions recorded in December, up from 36 in November. Deals totaled 1,204,674sf of office space and the Average Transaction Value for the month was $3,503,598 while the Average Price per Square Foot decreased to $158.10. Sales volume for the month was $168,172,700. Address City Zip Acres...
Continue Reading
How to Finance the Purchase of Your Comme...
Whether you’re looking to purchase a commercial office space for your own business needs or as an investment, the initial process of securing funding may seem a daunting task at first. That being said, it truly doesn’t have to feel that way. Just as in residential real estate, there are a plethora of viable financing options available to buyers in the commercial real estate market. You j...
Continue Reading
How Does a Commercial Real Estate Agent G...
How Does a Commercial Real Estate Agent Get Paid? In the commercial real estate market, there seems to be a lot of confusion and around the question of “how does a commercial real estate agent get paid?” This question is applicable when the commercial agent is working with a client, whether you are talking about property sales or leases. On top of that, you may be asking yourself wh...
Continue Reading
3 Trends to Look Out For in Medical Offic...
There are many trends sweeping across the healthcare industry which will directly impact the medical office space. Existing structures may have to be redesigned to meet the sector’s changing needs while properties in the design stages will begin incorporating emerging trends into their design concepts. Three trends that I predict will impact physical office space for private practices are the ad...
Continue Reading
How to Optimize Square Footage in Your Me...
A New Year means a new opportunity to give your medical office space the feel and look you really want it to have. With so much going on in a medical office, it’s no wonder that it can sometimes feel like there just isn’t enough room to handle it all. That being said, there are lots of simple ways that you can capitalize off of the space that you do have to make your office feel bigger, ru...
Continue Reading
Office Space Sold in November, 2018
Sales activity decreased month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 36 transactions recorded in November, down from 51 in October. Deals totaled 244,482sf of office space and the Average Transaction Value for the month was $1,541,964 while the Average Price per Square Foot decreased to $257.80. Sales volume for the month was $55,510,700. Address City Zip Acres S...
Continue Reading
Cost-Effective Green Improvements You Can...
More and more businesses are starting to understand the multiple benefits of going green. For those companies that haven’t yet explored the many green options available for commercial office space, now is the perfect time to do so. Not only will many of these small changes lessen the ecological footprint of your business, but they can also help to reduce overhead costs. Some of these impro...
Continue Reading
Understanding the Growing Need for Medica...
With 2019 approaching, many investors are setting intentions to expand their investment portfolios in the New Year. If this sounds like you, the medical office space sector is certainly one that you will want to keep within your sights. According to Transwestern, the demand for medical office space is projected to far surpass the supply in 2019, making now the right time to dive headfirst into...
Continue Reading
3 Things Office Building Owners Should Do...
For those of you that didn’t read my blog post in my last e-newsletter, here is a link. It’s a good pre-curser to this post! With 2018 almost in the rearview, it’s time to look forward to 2019. If you’ve read last month’s post, you’ve already gotten a sense of leases that are coming due, made repairs, gotten in touch with your tenants, checked your expenses, considered a refresh, and e...
Continue Reading
Office Space Sold in October, 2018
Sales activity doubled month over month in the Tri-county area (Hillsborough, Pinellas, Pasco) with 51 transactions recorded in October, up from 26 the month before. Deals totaled 291,148sf of office space and the Average Transaction Value for the month was $1,264,886 while the Average Price per Square Foot increased to $337.73. Sales volume for the month was $64,509,200, representing a month-ov...
Continue Reading
5 Things Commercial Office Property Owner...
As a commercial and medical office property owner, you have a lot on your plate. Many of you run your own practice or business in addition to owning the property and let’s face it, you don’t get a lot of time to take care of all of the little things that sometimes need done. Now is the perfect time to take stock and start checking things off in preparation for a clean-slate and a great start t...
Continue Reading
