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Commercial properties: Building, corner parcel included in sale of Bella Villa Shops in Fort Myers
Griffin Bonita Springs Properties purchased the Bella Villa Shops at 8850 Salrose Lane in Fort Myers for $1.7 million from SunTrust Bank.
ARMOUR Residential REIT, Inc. Announces Public Offering of 22,000,000 Shares of Common Stock
VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc. (NYSE Amex:ARR.WS) ("ARMOUR" or the "Company") announced today that it is commencing an underwritten public offering of 22,000,000 ...
Tips in Searching For the Best Florida Commercial Real Estate
Investing in real estate is really a serious undertaking. In a buyer’s market, it is really tempting to dive on the real estate market and join other investor in hunting for the best property.
Edmond needs more big speculative office buildings, developer says
Edmond needs additional large office buildings with flex space into which growing companies can grow, built on a speculative basis, according to the commercial manager for Edmond development firm Turner
Rise in office space take-up focuses on prime locations
Take-up of office space in Dublin rose by 25% during 2011, reaching twice the levels achieved in 2009.
Don't rush into REITs
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.