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Coldwell Banker Commercial Saunders Ralston Dantzler Realty (CBCSRD) released a market report on qualified sales data for the first quarter of 2018. The report provides a comprehensive look at commercial real estate values in Polk County and covers the industrial, office, retail and multi-family property sectors.
The publication includes a list of the Top 10 sales from the quarter overall and by sector. A review of the market shows that there is optimism about the national, state and local economy. Polk County is positioned well for growth in manufacturing and distribution, and Lakeland’s expected job growth will boost the multi-family sector’s rents and occupancy rates. Retail property sales in the county remain strong, while the office market is still in a slow recovery.
“Based on population and job growth trends,” said Gary Ralston, managing partner of CBCSRD. “We expect residential retail, commercial and warehouse real estate demand and prices to grow faster than office and general industrial.”
To download a copy of the CBCSRD Market Report, visit srdcommercial.com/marketreport.
About SVN | Saunders Ralston Dantzler Real Estate
SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with over $3.1 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land, including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, valuation, business brokerage, and advisory and counseling services for office, retail, industrial, and multifamily properties. Our firm also features an auction company, forestry division, international partnerships, hunting lease management, and extensive expertise in conservation easements. Located at the center of Florida’s I-4 corridor, we provide proven leadership and collaborative expertise backed by the strength of the SVN® global platform. To learn more, visit SVNsaunders.com.
