Morgan Rae Ltd.’s Post

💡Why is this good news for Tampa Bay? 💡 What’s does it say about our new commercial real estate developments & the future of commercial real estate? —-> “The data found economic diversity — including entertainment, restaurants, retail and tourism — is playing a huge role in the post-pandemic urban recovery. 1. We have all 4 in our Downtown Tampa & St Petersburg 2. Our new developments are including these aspects 3. Diversity is key in commercial real estate #downtownrecovery #downtowntampa #downtownstpetersburg

RMA team members were honored to participate in the Grand Opening event for Mayla Pompano, and I was delighted to join leadership from Broward County and the City of Pompano Beach along with the developers, Grover Corlew, for the ribbon cutting ceremony. Mayla Pompano marks a significant milestone in Pompano Beach's redevelopment. Strategically situation between US 1 and the Intracoastal, this luxury residential community is a testament to the visionary leadership of the City and its CRA. This once overlooked area is now thriving thanks to the Grand Opening of the first market rate rental project within the East CRA District boundaries. Mayla Pompano is adjacent to two Grover Corlew owned and managed Class A office complexes, a commercial mixed-use project currently undergoing a $25 million dollar redevelopment, which includes exterior and office renovations and the addition of ground floor retail, restaurants and plaza areas to complement the Mayla Pompano lifestyle-oriented community. Enabled by the East CRA District's strategic use of tax increment financing, Mayla Pompano is poised to not only revitalize the neighborhood but also contribute substantially to the local economy. It is estimated the project will generate tax increment of $944,577 in year one (1) and cumulatively generate $19,022,918 in year twenty (20).  #pompanobeach #redevelopment #economicdevelopment #luxuryresidential #newdevelopment

McGuireWoods London partner Callum Hassall provided insights on Manchester’s emergence as a leading regional office market in a Nov. 21 article in Institutional Real Estate, Inc. https://lnkd.in/gCm2_3KM #ukrealestate #realestate #landuse

RMA was honored to participate in the Grand Opening event of Mayla Pompano with @KimBriesemeister joining leadership from Broward County and the City of Pompano Beach, along with the developers, Grover Corlew, for the ribbon cutting ceremony. Mayla Pompano marks a significant milestone in Pompano Beach's redevelopment. Strategically situation between US 1 and the Intracoastal, this luxury residential community is a testament to the visionary leadership of the City and its CRA. This once overlooked area is now thriving thanks to the Grand Opening of the first market rate rental project within the East CRA District boundaries. Mayla Pompano is adjacent to two Grover Corlew owned and managed Class A office complexes, a commercial mixed-use project currently undergoing a $25 million dollar redevelopment, which includes exterior and office renovations and the addition of ground floor retail, restaurants and plaza areas to complement the Mayla Pompano lifestyle-oriented community. Enabled by the East CRA District's strategic use of tax increment financing, Mayla Pompano is poised to not only revitalize the neighborhood but also contribute substantially to the local economy. It is estimated the project will generate tax increment of $944,577 in year one (1) and cumulatively generate $19,022,918 in year twenty (20).  #pompanobeach #redevelopment #economicdevelopment #luxuryresidential #newdevelopment

Urban Real Estate expands with 16th office Urban Real Estate has opened its 16th office in Aberglasslyn, further expanding the company’s presence in one of the fastest-growing residential areas in the Hunter region. Trent Brewer, Director of Residential Sales at Urban Real Estate, comments, "Aberglasslyn will play a pivotal role in Urban’s continued growth story. The Hunter region along the New England Highway from Thornton to Branxton and Huntlee to Waterford is rapidly expanding and we plan to gain a stronger foothold in this area. "Our aim is simple - to provide unparalleled real estate services, helping our clients navigate the property market with confidence and achieving the best results for them," added Trent Brewer. Read more on The Real Estate Conversation - https://lnkd.in/gZeGrUEF Jessica Hurst Lewis Elliott Bronlyn Davis Breanna Maloney Carmen Grima Christopher Lowry Simon Hagarty Samuel Bortolazzo Thuong Chamberlain #realestatenews #realestatecareers #realestateagents #realestateagency #realestate #realestatebusiness #realestatenews #hunterregion

Interesting article in the South Florida Business Journal regarding a development in Boca Raton. "Boca Raton has among the highest income levels in South Florida and it’s home to many of the region’s largest companies, such as ODP Corp., ADT, Geo Group and ModMed. That has created more demand for housing. As business owners relocate to the city and drive up housing prices, that could also lead to demand for office space as they move their companies here. Penn-Florida is also building the Mandarin Oriental Hotel and Residences in downtown Boca Raton."

As Florida’s growth shifts from traditional hotspots to vibrant places like the Treasure Coast and The Villages, innovative redevelopment is essential. The opportunity to adapt and thrive in this evolving landscape is immense, which leads us to explore how to transform B and C office spaces into multifamily housing to meet rising demands. South Florida's expansion has now extended beyond the tri-county area, with remarkable growth spreading into thriving locales in the southwest coast. We’re also seeing significant investor interest and development in areas like Sarasota and Naples. Discover more about these trends and opportunities. Check out the video for more insights! #Colliers #AccelerateFlorida #AccelerateSuccess

Historically, Floridians have focused on the primary markets when talking about #CRE, but more recently, we've witnessed incredible growth in emerging markets across the state. In this video, I chat with Matt Siegel and Alexander Evans about this evolution and the dynamic expansion underway in the state. #AccelerateFlorida

Our Advisors at SVN CAG are experts in their respective fields. The knowledge they possess helps their buyers and sellers effectively navigate the market and all of the intricacies that are involved in getting the deal done.

San Pedro's Transformation: A Lucrative Opportunity for Property Owners & Investors San Pedro, a historic waterfront district in Los Angeles, is undergoing a remarkable transformation! This former industrial hub is evolving into a thriving mixed-use community, attracting residents and businesses, and creating a desirable lifestyle. This shift presents a wealth of opportunities for property owners and investors: Soaring Demand: The surge in housing development and influx of residents create a booming market for rentals and potential property value appreciation. Diversified Tenant Pool: The mix of residential, commercial, and potentially educational areas will attract a wide range of tenants, from young professionals to families. Sustainable Future: San Pedro's focus on walkability, green spaces, and a revitalized waterfront creates a highly desirable living environment, particularly for eco-conscious tenants. Are you a property owner in San Pedro looking to capitalize on this exciting transformation? Partnering with a reputable property management company can help you navigate the evolving market and maximize your profits. #SanPedroRealEstate #CaliforniaInvestment #PropertyManagement #RealEstate #California