South Florida's CRE market has established itself as one of the strongest globally, offering consistent returns and a secure investment environment for both international and domestic investors. Currently ranked #8 in fiscal stability and economy nationwide by US News & World Report, Florida boasts a robust financial foundation that underpins…
Commercial real estate (CRE) is a multifaceted industry encompassing properties solely dedicated to business purposes. Unlike residential real estate, which predominantly comprises homes, CRE includes diverse assets like shopping malls, medical offices, and senior living communities. Understanding the fundamentals of CRE is paramount for various stakeholders, from brokers to investors…
With a rapidly expanding population, Florida's commercial real estate (CRE) market is evolving into a vital component for home builders and investors alike. This growth is propelled by a combination of factors, including a robust economy, population surges, and the state's strategic positioning as a gateway for international trade. To…
Business owners in Florida have reason to celebrate come June 1, 2024, as the state's business rent tax is set to see a significant reduction. Thanks to the implementation of the 2021 Wayfair legislation, which adopted economic nexus concepts related to remote sellers and marketplaces, Florida's business rent tax rate…
The South Florida office market is experiencing a shift as developers respond to evolving workplace trends post-pandemic. Amidst the competition for top buildings in Miami-Dade, Broward, and Palm Beach Counties, developers are enhancing amenities like wellness rooms and restaurants to meet the demand of tenants. According to Moody’s Analytics, national…
South Florida's real estate market has always danced to its own tune, often defying national trends. While commercial real estate woes may loom large in other parts of the country, experts see South Florida as relatively immune to the same challenges. Janet Yellen, U.S. Treasury Secretary, may have highlighted nationwide…
Cohen Commercial proudly announces Pink Steak's feature in Forbes' recent article, solidifying its reputation as a standout dining destination in West Palm Beach. Recognized as "The popular new kid in town among West Palm Beach restaurants," Pink Steak has captured the attention of food enthusiasts nationwide with its modern steakhouse…
For centuries, the commercial real estate (CRE) industry has stood as a cornerstone of the global economy, rooted in tradition and expertise. However, as the world hurtles into the digital age, the CRE sector has found itself at a crossroads, grappling with the need to adapt to rapid technological advancements.…
Deciding between commercial and residential real estate investment is akin to choosing between two distinct paths, each with its own set of rewards and challenges. However, savvy investors understand the importance of weighing the pros and cons before making a definitive choice. In this article, we delve into the undeniable…
Miami's Coconut Grove neighborhood welcomes a new era with the completion of Grove Central, a groundbreaking mixed-use complex developed by Terra and Grass River Property. Nestled at 2800 Southwest 27th Terrace, this transit-oriented development seamlessly integrates residential living, commercial spaces, and public transit, setting a new standard in urban planning.…
