News

Retail Rents Could Increase by 4 Percent in 2016

Retail properties are still recovering from the last economic downturn. The sector has posted positive net absorption rates three times since the recovery got underway in 2010, while balancing that out with vacancy rates that have dropped steadily. The result: asking...

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Lighthouse Realty Services Welcomes New Associate

Gretchen Krise joined Lighthouse Realty Services as a commercial real estate sales associate. She brings a strong research background, extensive network and relationships, and real estate transaction experience. Gretchen focuses on multi-channel sourcing strategy,...

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5 Predictions About the South Florida Economy

Written by Emon Reiser- Reporter, South Florida Business Journal South Florida is catching a tailwind from a stronger U.S. economy, according to PNC Financial Services Group's third quarter Southeast Market Outlook. The report offered an optimistic forecast of the...

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Pieology and Wok Box to Enter Florida Market

Originally posted here, on the South Florida Business Journal by Emon Reiser, July 22, 2015 Franchises from California to Canada are seeking space to expand in the tri-county area. Pieology, based in Rancho Santo Margarita, California, will open its first store in...

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Coconut Creek Retail Center Sold for $10M to National REIT

An affiliate of a national real estate investment trust bought West Creek Plaza in Coconut Creek for $10.225 million. Westcreek Plaza LLC, a local company managed by Mario Bernard, sold the 40,175-square-foot retail center at 4800 W. Hillsboro Blvd. to Westcreek Plaza...

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