U.K.-based real estate services firm Savills Plc found itself in the news two weeks ago and not for a good reason. The company, which also has offices in the U.S.,
Accelerated Demand for Industrial Space Is Driving a Boom in Spec Development
Accelerating demand for industrial space is driving a boom in speculative construction in the sector by investors and developers across the board. As Amazon, Fedex, DHL, UPS and a number of other
Eight Ways 1031 Exchange Changes Could Make Economic Waves
In recent months, the political spotlight has once again turned to a 100-year-old tax policy: the 1031 exchange. Often referred to as a “loophole” by detractors, a 1031 exchange, in simplest
Apartment Rents Reach Record High, Led By Small And Midsized Markets
One of the legacies of the receding coronavirus pandemic looks to be a nationwide spike in apartment rents. In June, asking rents were up 2%, according to RealPage data, with average monthly rent
Miami Beach Now Leads South Florida Office Rent Growth
Asking rents for Class A office space in Miami Beach have rebounded to $56.66 per square foot. Miami has emerged as one of the largest fintech hubs in the country,
Florida CRE Gets Long-Sought Tax Break On Commercial Leases
Florida is trading one state tax for another as Gov. Ron DeSantis has signed a bill implementing a 6% sales tax on products purchased from out-of-state, online-only retailers and reducing