Florida commercial real estate market is
showing signs of recovery after a brief quiet period following two recent
hurricanes that struck the Sunny State. Commercial real estate for arcades and
shopping malls is seeing a metamorphosis in order to adapt to the needs of the
current-day shopper. Generally, real estate prices in Florida have consistently
been showing an upward trend for the past couple of months. Florida commercial
real estate re-sales are on the rise as well. The most eager of real estate
buyers come from minority groups such as Latin Americans and Asians. Open-air
commercial real estate is a new concept in Florida that is recently taking
charge. Shopping centers are the typical applications of this real estate
concept. Open-air shopping centers are a variation on group retailing. Hence,
shopping centers constitute a core segment of the Florida commercial real
estate sector. Enclosed malls are slowly relinquishing their dominance to
open-air centers because of the distinguishing feature that open-air centers
offer more retail space than traditional walled malls. Commercial real estate
for shopping is thus manifesting novel trends. Adaptation is the key to
survival in the commercial real estate business in Florida. Redevelopment of
the commercial property is the most practical action that the property owners
should do. Convenience and ambience are top factors that current-day shoppers
consider.
For those who are looking for a commercial
property in Florida, recognizing the type of business to venture into as well
as the choice of desired location are two important things to consider. There
exists a wide variety of commercial property types that clients might be
interested in, from retail establishments to office spaces.
Commercial real estate properties are
generally classified into two major categories, namely retail properties and
investment properties. The category of retail properties covers shopping malls
and shopping centers, chain store locations, franchise sites, retail shops and
locations, and showrooms. The category of investment properties includes
commercial rental properties, residential developments, net leased properties,
office spaces, and business parks.
The categories for commercial real estate
locations are high-tech property areas which include those for medical
laboratories, research and development parks, and call centers; land brokerages,
which cover sites allotted for industrial parks, waterfront properties, land
tracts, and resort properties; hotel and resort property category, which are
exemplified by locations for hotels, motels, stadiums, convention centers and
theme parks sites; and industrial and distribution property locations for
warehouses, airports and factories.
Despite high prices, Florida is generally an
attractive place where one could start up a business. Florida offers a lot of
potential sites to situate enterprises, and all of these have a high chance of
creating substantial returns. Some areas that could stir your interest are
Martin, Miami-Dade, Broward, St.Lucie and Palm Beach Counties in South Florida;
Sarasota and Manatee Counties in Sarasota; Hillsborough, Pasco and Pinellas
Counties in Tampa Bay; Fort Myers and Cape Coral area in Southwest Florida;
Orange, Seminole, Lake, Polk, Osceola and West Volusia Counties in
Orlando/Central Florida; Leon, Franklin, Jefferson and Wakulla Counties in the
Tallahassee area; and Duval, Clay, Putnam and Nassau Counties in
Jacksonville/Northeast Florida.
About The Author :-
Florida’s first and only statewide, full service medical
real estate company. A highly focused and specialized team of investment,
marketing, leasing and management professionals at your full disposal so you
can focus on what matters most. Physicians, hospital administrators, healthcare executives,
landlords and investors can depend on FMS for expert guidance in all real
estate matters. Call one of our advisors today for a free analysis of
your situation.
Address :-
Florida Medspace
Pompano Beach, FL 33065
Telephone: (954)346-8200
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