Are Downtown Property Values Returning to 1999? - May 2010
Prior to 2000, downtown Sarasota high-rise land values ranged from $20-$30 per square foot depending on location and the “highest and best use” was office, retail and restaurant.
News
The Sky is Not Falling on Commercial Real Estate - May 2010
In the early 1990’s the commercial real estate market was truly devastated.
Where to Invest in a Down Market - May 2010
If one believes in Sarasota commercial real estate you must recognize that low values today present buying opportunities.
Bright Spots in a Dim Market - Summer 2008
With so much negative news surrounding real estate; lost construction jobs, reduced property values, diminished tax revenues and abandoned construction sites one might think that all development has stopped dead in its tracks.
Time to Buy - Summer 2008
Recall the mantra “buy low and sell high.”
Impact of Development - Summer 2008
The near stop in the development industry is painting a broad ugly brush across the Sarasota/Manatee economy.
The Office Market - Summer 2008
The downtown Sarasota office market still boasts a respectable vacancy rate of around 8%.