Mill Graves’ Post

Did you know that the Dean's Team Blog is a Great Source of Information on Chicago's Happenings, its Neighborhoods, its Restaurants, its Real Estate, and Other Topics as well, which can be found at https://buff.ly/4ckvtWh.

The #hospitality and #retail market in #SouthFlorida is thriving. Increased development and investment in these sectors have positioned the market to be a top-tier opportunity for both domestic and international investors. For Commercial Observer's South Florida Multifamily & Mixed-Use Forum 'Hospitality & Retail: What Disruption and Innovation is Impacting the Market?' Panel — Nicholas Falcone (Rentyl Resorts), Benjamin Mandell (Tricera Capital), Jessica Goldman Srebnick (Goldman Properties), Cassie Resnick (Mast Capital) and Max Gross (Commercial Observer) discussed the latest developments in the region, the changing landscape and the impact of population on the market. According to Resnick, "We are creating new opportunities — South Florida remains strong and I think there is a lot of value in the land here." 📸 : Commercial Observer #CommercialRealEstate #COSouthFlorida

We launched our latest findings taken from the 2024 edition of The Definitive Guide to Retail & Leisure Parks yesterday. For those that missed it, please follow the link to watch the 20 minute webinar. https://lnkd.in/e7G5m6cp Key Highlights include:- Realty Income Corporation continue their dominance of the Out of Town sector.   Curson Sowerby Partners LLP remain the leading Letting Agent for all Retail Warehousing.   Morgan Williams are the top Letting Agent for Retail Parks for the first time.    Savills continue to be the stand out leaders in our Managing Agent tables.   PureGym are the highest increasing retailer of 2023.   wilko were the biggest decreaser - albeit they're opening new stores this weekend!   The vacancy rate fell YoY to 5.8% at Q4 2023 and has already fallen to 5.6% at Q1 2024. Thank you everyone who helped contribute to the research! #retail #retailinsights #retailparks #outoftown #retailindustry #webinar #vacancyrate #definitiveguide #vacancyrates

Friday Fire 🔥 #inthenews San Antonio is hitting new heights with a record 95% retail space occupancy! This marks the highest level since the pandemic, reflecting the city's booming commercial real estate market. Anthony Merritt, Vice President of SRS Real Estate Partners, highlights that the surge is due to high demand and limited new construction, driven by escalating construction costs. As businesses flock to available #retail spaces, the tight market may influence cost dynamics for both retailers and consumers. With San Antonio ranked among the top ten cities for retail business growth, this trend is a testament to the city's vibrant economic landscape. San Antonio Retail Team: Webb Sellers, Drew Allen San Antonio Capital Markets Team: Cathy Nabours, Kyle Shaffer San Antonio Industrial Team: Anthony Merritt, Garrett Fomby, Andrew B. For more details, check out the full story: https://lnkd.in/g3gkTz5D #SRSIndustrial #SRS #SRSRealEstatePartners #CRE #Industrial #RetailGrowth #SanAntonio #CommercialRealEstate #MarketTrends SRS Capital Markets

It may interest NZ retailers to know that rental property investors are the only businesses in New Zealand that do not pay commercial property tax.  Way?  Yes way.   Property investors are quite open about the fact they are operating a business since they deduct the interest and declare the revenue in their tax returns every year.  However councils continue to only charge them private residential rates which are upto four times lower that what your members pay?  This is unfair and can be fixed through a council vote.  This change could mean lower lease/rent for retailers across the country.

With a little over 4 months remaining in 2024 South Florida is still on target to deliver 14,000 apartments by years end. 😳 But will this streak continue? Read more in our latest Florida Retail Recap with welcoming commentary by Mark Gilbert. https://rb.gy/svuq54 #cre #retail #retailnews #cushwake #betterneversettles #retailinvestmentadvisors

🏢 In the dynamic theater of commerce, commercial real estate serves as the stage where aspirations take center spotlight. From bustling storefronts to towering corporate headquarters, it is the canvas upon which ambitions come to life. Each property, a chapter in the unfolding drama of success, beckons businesses to step into the limelight and showcase their potential. Embrace the strategic setting of commercial real estate as the catalyst for turning ambitions into reality. #CommercialRealEstate #AmbitionUnleashed 🌟

📣📣 Give the people what they want! February 2024 Edition out now! 📣📣 The most important Carolina Retail Real Estate news this month. Curated by your very own Experts, bringing you retail at the speed of culture. The latest articles. Expert deals. Everything you need to know about new concepts coming to your community. Receive future editions right to your inbox. Sign up today! 🔗 https://lnkd.in/eiEi3aef #ConceptstoCommunity #CRE #Retail #CommercialRealEstate #February #Newsletter

📣📣 Give the people what they want! February 2024 Edition out now! 📣📣 The most important Carolina Retail Real Estate news this month. Curated by your very own Experts, bringing you retail at the speed of culture. The latest articles. Expert deals. Everything you need to know about new concepts coming to your community. Receive future editions right to your inbox. Sign up today! 🔗 https://lnkd.in/ecMciJ-m #ConceptstoCommunity #CRE #Retail #CommercialRealEstate #February #Newsletter

Keon Truth , John Francis Rodiles, Bryan LaBar, Brett Bayless represented The Mogharebi Group at last week’s Connect CRE Los Angeles conference. Of the six panels, The 'Industry Leaders: a View From the Top' panel, in particular, made a variety of compelling points about the current state of the #CRE market. Mentioning key topics such as velocity, affordability, and polarizing values, the panel echoed John Rodiles’ own market observations, as he puts it “we are simultaneously experiencing both a buyer's and a seller's market”. Additionally, there was a notable emphasis on the geographical location of commercial real estate investments. For example, typical multifamily buildings (without specialized amenities / layouts) are trading at aggressive cap rates, often due to their prime location, whereas  luxury buildings down the street might transact at lower cap rates. For the full event recap, visit: https://lnkd.in/gZeU6qaC