Insights

Reimagining CRE | Secondary Markets, Remote Work, & Investment Trends The landscape of commercial real estate is in a constant state of flux, influenced by a myriad of factors such as economic trends, workforce dynamics, and evolving consumer habits. The volatile economic environment has affected both markets and submarkets throughout the country. Recently, the industry […]

The Different Types of Self-Storage Facilities Self-storage is a trusted source for homeowners, renters, businesses, college students, and more. With so many different consumers and needs, the types of self-storage facilities have grown immensely since their inception. These niche subsectors go beyond standard self-storage units to provide specialized storage options for various consumer needs and […]

Pinellas County, FL Multifamily Market Report Pinellas County Market Overview Pinellas County, located on the west coast of Florida, is a vibrant and diverse community known for its stunning beaches and cultural attractions. With a population of over 961,000, it is the seventh most populous county in the state. The submarkets included in the following […]

Tampa, Florida Industrial Market Report Market Overview The Tampa industrial market is the second largest in Florida, with 212 million square feet located along central Florida’s I-4 Corridor. With access to Port Tampa Bay, the largest container port in Florida, two international airports, three primary roadways, and the CSX terminal, the area has become a […]

What is a Triple Net Lease? A triple net lease, abbreviated as NNN lease, is a lease agreement in the commercial real estate industry where the tenant assumes significant financial responsibilities beyond the base rent, including property taxes, insurance, and maintenance costs. These leases typically include lower base rents since the tenant is responsible for […]

Data Centers Update The insurgence of data centers in the commercial real estate industry came rapidly and tenaciously. As the world increasingly digitizes, investors continue to look to them as a secure and profitable investment option. In 2023, high-interest rates and a volatile market affected almost all asset classes, pushing sales volume down and cap […]

State-by-State Cannabis Report U.S. health officials have recommended a loosening of restrictions on marijuana, potentially paving the way for an expansion of the national cannabis market. A high-ranking Department of Health and Human Services official penned a letter urging the Drug Enforcement Agency to reclassify marijuana as a Schedule III drug under the Controlled Substances […]

September FOMC Meeting Notes After pausing rate hikes in September, the Fed indicated that one more hike should be expected before year-end. The target interest rate stayed at 5.25%-5.5%, the highest in decades.   In the released minutes of September’s meeting, much of the conversation was spotted with uncertainty. The majority did agree that more […]

Tampa, FL Hospitality Market Report Market Overview In H1 2023, Tampa’s hospitality market experienced a notable increase in RevPAR, primarily driven by a rise in ADR. The group segment has been the main driver of growth this year, while transient leisure travel has seen a slowdown. Economic concerns and a possible recession in the later […]