Sperry Van Ness | SouthLand Commercial Real Estate » Down Economy

Office space demand is paving way for higher lease rates in Tallahassee

Carlton Dean, CCIM | Senior Investment Real Estate Advisor — Tue, 29 Mar 2011 18:13:31 +0000

Some 3 msf of Tallahassee office space is leased by the state of Florida.

The Tallahassee office market consists of approximately 6.8 msf of private sector office space (buildings 20,000sf or greater), 3 msf of which is leased by the state of Florida. The state owns and occupies an additional 5 msf [...]

Latest CIRE Magazine now available!

SouthLand Commercial — Tue, 15 Mar 2011 19:22:59 +0000

Head over to our main site and check out the March / April edition of Commercial Investment Real Estate Magazine.

In this issue:

Buyers Are Back! — Investors step into the light -cautiously. A Healthy Disposition — Medical office properties continue to outperform the office sector in many markets. The GSA Way [...]

The Collateral Damage of Job Loss

SouthLand Commercial — Thu, 28 Oct 2010 20:05:14 +0000

By Miguel de Arcos. Originally at svnfloridablog.com

I often speak about the importance of job creation and job retention as the main catalyst for economic recovery here in the US. Jobs not only create flow of money, but having a job gives a person a sense of purpose and self-esteem which can help [...]

Short Sales are now the Norm in Commercial Real Estate

SouthLand Commercial — Thu, 09 Sep 2010 18:16:32 +0000

By Miguel de Arcos Originally at: http://svnfloridablog.com/

In the not too distant past, a commercial real estate short sale was unheard of. It was an exception to a long-standing trend that almost all commercial real estate was sold for more than it was purchased for or at least for more than the current [...]

Creative Solutions in a Frozen Market

SouthLand Commercial — Wed, 04 Aug 2010 18:37:55 +0000

Originally by Miguel de Arcos

I am asked almost daily the same question, “How’s business?” Whether it’s a peer, client, friend or someone I just met, once they know I am in commercial real estate I instantly become their barometer for the economy. Some genuinely want to know, but most are looking for [...]

Crazy Commercial Real Estate Market Endures

SouthLand Commercial — Tue, 03 Aug 2010 18:30:44 +0000

By Mark Alexander, CCIM Originally at svnfloridablog.com

Many years from now our kids may read stories about the “Great Recession” of 2009 to 2010 (and counting). With luck, they will only recall the ice cream being good and the beach being hot. But the rest of us here in SW Florida won’t soon [...]

Midsummer Proof That Private Jobs Beats Government Jobs

SouthLand Commercial — Wed, 14 Jul 2010 19:22:58 +0000

Economist Dr. Sam Chandon

Originally by: Miguel de Arcos

Borrowing from Chief Economist Dr. Sam Chandon’s Midsummer Employment Outlook we are finally generating the proof to the notion we have been shouting from the rooftops for close to a year now; The stimulus money spent on job creation was spent incorrectly! ” [...]

Tallahassee: Florida’s 3rd Lowest Unemployment 8.6%

Carlton Dean, CCIM | Senior Investment Real Estate Advisor — Mon, 05 Apr 2010 13:36:44 +0000

Being active in the commercial real estate brokerage arena in Northwest Florida, I was thrilled to read the statistics that Tallahassee has the third lowest unemployment rate in Florida. Click here to read the full story on UrbanTallahassee.com.

Florida’s seasonally adjusted unemployment rate for February 2010 is 12.2 percent. This represents 1,126,000 [...]

The Advisor Magazine — Issue 2

SouthLand Commercial — Wed, 06 Jan 2010 20:47:51 +0000

In this issue:

Top Markets to Watch —An exclusive market sector report compiled by Sperry Van Ness. Survival of the Fittest —The sooner the property market reaches a stage of acceptance, the better. Bargaining at the Office —Excess office space has created a climate of bargaining in the market. After Capitalism —Will [...]

Finding The Bottom vs. Finding Value

Carlton Dean, CCIM | Senior Investment Real Estate Advisor — Tue, 05 Jan 2010 23:01:45 +0000

Arriving at a decision on the best strategy for how to successfully navigate the commercial real estate market during these challenging economic times is vexing to many an investor. Do I, or don’t I? That is the conundrum facing most commercial real estate investors in today’s market. Do I, or don’t I liquidate [...]