By Melea VanOstrand | July 20, 2023
"Overall, there is a significant demand from business owners and individuals seeking their own office spaces," said Studnicky. "The advantages of private ownership include capital appreciation belonging to the owner rather than the landlord."
By Lisa Willis | July 12, 2023
"The share of apartments being priced using revenue management software is as high as 79%," Florida attorney Michael Criden said.
Daily Business Review | Commentary
By Raul Valero and Michael Marcus | July 12, 2023
Shopping centers are similar commercial hubs, but the key difference is that they are enclosed or partially enclosed areas with parking in front, where retail locations surround a central walkway.
Daily Business Review | Commentary
By Jessica Zelitt | May 15, 2023
On April 13, Florida Gov. Ron DeSantis signed Senate Bill 360 into law. This legislation alters the time period for bringing forward construction defect lawsuits, as well as modifies the current private right of action against a contractor for violation of the Florida Building Code.
Daily Business Review | Analysis
By Melea VanOstrand | April 24, 2023
"There's a pent-up demand for handmade, local, fresh styles and designers that may not have stores but only can be found in these markets," said Andy Hellinger, co-principal of Urban-X Group, the developer behind River Landing.
By Melea VanOstrand | April 24, 2023
"You have these different areas where large-scale, modern warehouses are just not practical to use a theme for some of these users, however, the space works very well when you have a small business that's trying to just start out and they need a little bit of retail or business space," said Louis Archambault of Saul Ewing Arnstein & Lehr in Miami.
By Melea VanOstrand | April 24, 2023
"All of their sales, even the Old Navy and Gap, are showing signs of increased sales," said Andy Hellinger, Co-Principal of Urban-X Group, the developer behind River Landing. "We're seeing other retailers that want to be around them, especially in the service sector."
By Melea VanOstrand | April 21, 2023
"This return to the workplace is only going to further fuel demand. We are also seeing more financial and law firms come into the market, and their service providers tend to follow. It's a positive domino effect that is driving incredible growth," said Christina Crespi, executive director of the Miami Downtown Authority.
Daily Business Review | Commentary
By David Itskovitch, Raul Valero and Nick Carbo | April 20, 2023
One of the primary—and most discussed—economic impacts of the COVID-19 pandemic was the emergence of remote work and resulting decline in demand for commercial office space. While that general trend has been true for most of the United States, South Florida on the other hand, has been a beneficiary of the socio-economic trends brought about by the pandemic and has emerged as one of the premier markets for commercial office space in the country.
By Melea VanOstrand | April 11, 2023
"The association is doing what it has to do, not only for Florida law, but also to make its building safe and to make the board of directors discharge their fiduciary duty to all of the condominium residents," said Steven Davis of Haber Law in Miami.
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