Is a manufacturing rebound in sight? Orlando believes that the small companies will not only bring jobs to Central Florida, but also keep the jobs here as well.
Richard Burnett | Orlando Sentinel
After years of lab work, Dan Rini is finally setting up a factory to make high-tech, air-conditioned uniforms for the military. But unlike many U.S. factories of recent decades, it’s not in China, India or, for that matter, South Carolina or Alabama.
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Did the December slow down affect the overall growth of 2011? Read more to find out what happenened with each sector.
Randyl Drummer | CoStar
Powered by continuing gains in apartments and growing momentum in the office sector, the CoStar Commercial Repeat Sale Indices (CCRSI) National Composite Index ended 2011 significantly above its cyclical low last March, despite a relatively flat fourth quarter for pricing.
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Slowing banks are becoming more confident in the commercial real estate market. Find out more about the types of deals that are getting done and how banks are helping.
In what appears to be a sign of things to come, U.S. Bank recently closed on an $18 million construction loan for NoBe Bay, a 98-unit waterfront condominium project.
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With Tampa’s vacancy rate going down, one of the largest factors appears to be tenant demand, which should increase even more in the coming months. Read on for more information on the Tampa market.
Florida Real Estate Journal
Along with the national economy, the Tampa Bay Metropolitan Statistical Area’s economy continued to strengthen over the third quarter of 2011.
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Read more about the strength in the Panama City market by clicking on the article below.
Chris Segal | News Herald
While the downturn in residential real estate sales grabs most of the public’s attention, driving past rows of empty commercial properties along thoroughfares like U.S. 98 serves as a reminder that the commercial real estate market also has seen tough times.
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ORLANDO, Fla. – Aug. 12, 2011
The “2011 Florida Commercial Market Watch”, released by Florida Realtors, finds tempered optimism in the six cities tracked by NAR researchers, with job creation leading most markets.”Job growth creates demand for commercial space, and the (national) economy should be adding between 1.5 million and 2 million jobs annually both this year and in 2012, with the unemployment rate falling to 8.0 percent by the end of next year,” says Lawrence Yun, NAR chief economist.
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