The demographic landscape is undergoing a seismic shift as baby boomers reach retirement age—often called the “Silver Tsunami.” As of the 2020 census, one in six people in the United States was 65 or older. The aging population grew from 2010 to 2020 at the fastest rate in over 100 years, nearly five times faster
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Avison Young, a real estate services provider, based in Miami, has appointed Lisa Jesmer as market leader for Florida. Jesmer will take on the added leadership, and focus, of driving growth for the firm in Florida, expanding business development throughout the state and recruiting talent in all geographies, service lines and sectors. She joined the
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American Structurepoint, a full-service architecture and engineering consulting firm, has signed a 9,485-square-foot office lease at 1 N Dale Mabry Hwy, in Tampa. The firm is currently located in the Cypress Center, in Tampa, and will double its footprint in the market with this move. Joanne LeBlanc, of Colliers, represented the tenant. CBRE represented the
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The city of Tampa is set to host the Urban Land Institute – Florida Summit, on April 4 and April 5, at the JW Marriott Water Street Tampa. The annual event serves as a gathering for professionals in real estate, construction and land use, across the state, to discuss industry-related issues in Florida. ULI said
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Hillsborough | Manatee | Sarasota Real estate is a fascinating industry to follow, especially with the robust activity in the Tampa Bay region. There are a lot of moving parts to projects; timelines get pushed back, construction can completely come to a halt, financing can fall through, etc. While I find real estate incredibly interesting,
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The Jafri Journal and Contractors, Closers & Connections have agreed to a strategic partnership, to expand market reach through events. Jafri Journal and CCC plans to facilitate events in 15 markets, in the United States, in cities like Atlanta, Tampa, Orlando, Phoenix, Miami, Greenville, Dallas and more. The partnership will also help Jafri Journal take
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Paradise Ventures, a St. Petersburg-based commercial real estate firm, has announced plans for improvements to the Keene Plaza Shopping Center, in Largo. The development plans include the demolition of approximately 35,500 square feet of existing retail space, at the northeast leg of the center, to make room for two new retailers. Sprouts Farmers Market and
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Trepp Developments has signed a partner to offer virtual concierge services for SOTA Residents & Hotel, in Sarasota. LIVunLtd, a global luxury brand specializing in all facets of service, has been contracted as the residential virtual concierge for the property. With a focus on service for the 35 residents living above the boutique HOTEL SOTA,
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Graphite Real Estate acquired Holiday Centre, a 67,035 square foot neighborhood retail center, located at 4637 – 4701 Sunray Drive, in Holiday, for $9.9 million. The Publix-anchored shopping center was 98% leased at the time of sale and has retail tenants including a Planet Fitness, Bright Now Dental and Publix Liquors. Ari Ravi, of RIPCO
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A waterfront site, on Clearwater Beach, has been acquired by BH3 Management and U.S. Development with plans for a condominium project. The three-acre site, at 551 Gulf Boulevard, was purchased for $24.75 million. Plans for the development include a pair of nine-story buildings with 86 luxury residences, a resort-style pool deck and a 270-foot-wide private
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Kolter Urban, a Palm Beach real estate development and investment firm, completed Saltaire. Located at 300 1st Street South, in Downtown St. Petersburg, the luxury tower is 35 stories high and has 192 residences overlooking the city’s arts and bayfront district. Smith & Associates Real Estate led sales for Saltaire, which launched in the third
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LD&D, a Miami-based real estate investment, development and design firm, will brand its $200 million mixed-use project, in downtown Tampa, as Cass Square. The development will include a luxury multifamily tower named DoMo, retail and an Element by Westin hotel, in partnership with Dynamic Group, for its hospitality component. LD&D acquired the two-acre parcel for
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