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The Wall Street Journal (WSJ) recently highlighted the struggles faced by New York’s commercial real estate sector, where tumbling property valuations are pushing some of the city’s wealthiest ...
The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. Last fall, Julie Whelan, CBRE’s global head of ...
The company has developed more than 30 million square feet of commercial real estate space over the past 30 years. It also owns more than 2,500 acres of developable land statewide, and manages or leases more than 13 million square feet of commercial property. [1] The Flagler company is a wholly-owned subsidiary of Florida East Coast Industries.
There have been several signs in the past couple of years that commercial real estate was headed toward a major downfall. Office vacancy rates reached a 30-year high around 18% in 2023. Companies ...
Palm Coast Home Realty was the resale real estate marketing division of ITT Community Development Corp., the initial developer of Palm Coast, a 15,000-home community halfway between St. Augustine and Daytona Beach. [2] In 2017, the company merged with All Florida Realty, offering services to Melbourne, Port St. Lucie, Vero Beach, and Port ...
Florida East Coast Industries (FECI) is Florida's oldest and largest commercial real estate, transportation, and infrastructure holding company. Based in Coral Gables , FECI is the direct lineal descendant of the various companies founded by pioneering American businessman Henry M. Flagler .
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
Flagler, a real estate development company, owns some 19,000 acres of property and more than 50 office and industrial buildings in Jacksonville, Orlando, Fort Lauderdale, and Miami. Its parent company, Fortress Investment Group , also owns Florida East Coast Railway , which provides freight service on tracks running through coastal communities ...