Globest Sectors

In a deal that establishes its second South Florida campus, Florida Vocational Institute has signed a lease at 3502-3560 Enterprise Way and will occupy 29,849 square feet of space.

“The sale of Peninsula Office Park's remaining six buildings exemplifies our approach to recycling capital to further focus on strategic holdings in our core markets."

Cap rates overall have seen an up-tick, but at a manageable pace, while core assets continue to trade at historically aggressive pricing

But experts say deeper changes are also necessary for real change.

Wills Wharf will comprise over 325,000 square feet of class A office, retail, and hotel space.

But is the space ready for Blackstone and other institutional investors?

The Kuwait-based investment firm continues to build a portfolio in US secondary markets.

Office users throughout the region have created a lot of demand for such services.