by grsgrouptest | Jan 30, 2017 | Blog
South Florida didn’t seem like a strong market anymore during the recession. Construction on high-end condos had abated, with many structures left unfinished scattered around Miami. That has changed, and now the market has improved tremendously because of revitalized...
by grsgrouptest | Jan 24, 2017 | Blog
Colliers had some good news with its fourth-quarter reports on two sectors of the Phoenix commercial real estate market: retail and industrial. Vacancy rates for both property types are apparently decreasing. On the retail front, Colliers says Phoenix retail vacancy...
by grsgrouptest | Jan 18, 2017 | Blog
Last week I attended a Richmond Real Estate Group event, where the keynote speaker was John Jung, a senior managing director at BB&T Capital Markets, whose presentation was entitled “Making America’s Economy Great Again.” He told us what we might expect in the...
by grsgrouptest | Jan 13, 2017 | Blog
Consolidation in the retail industry was as pronounced as ever over the last 12 months. The latest mega deal that we’re absorbing is the proposed sale of 865 Rite Aid pharmacies by Walgreens Boots Alliance to Fred’s Inc. for $950 million. This is part of a larger...
by grsgrouptest | Dec 14, 2016 | Blog
The lodging sector of commercial real estate, which enjoyed a pretty strong run right after the recession, is finally cooling off. A lack of supply that the hotel industry faced for several years has been fulfilled in many areas, and now demand is starting to taper...
