The effects of the coronavirus outbreak on the tri-county area commercial market remain unclear. Prior to the coronavirus outbreak, the tri-county area had strong economic momentum, and the current report largely reflects the environment before the pandemic. It is too early to provide a quantitative assessment or forecast of the ultimate [...]

State of the Market

The tri-county area commercial market posted strong market fundamentals through 2019 for all property types. Looking back at the year and similar to 2017 and 2018, the largest commercial sales in the market involved multi-family properties. Overall office rents increased throughout the year. New industrial/flex [...]

The tri-county area commercial market posted strong fundamentals through the first half of 2019 for all property types. Looking back at the quarter, one of the largest commercial sales in the market involved a downtown Sarasota multi-family property. Bluerock Real Estate acquired The Desota, a 10-story luxury apartment building built in [...]

The tri-county area commercial market began the year trending positive with strong market fundamentals for all property types. Looking back at the quarter, one of the largest commercial sales in the market involved a downtown Sarasota retail property. New York Life Real Estate Investors acquired The Shoppes at Sarasota Row, a [...]

While we realize the premise of What's New SRQ is to share all the great additions to our area, we can't express how excited we are for more and more businesses to join the ranks. Discover what Baltimore-based company is making a move as well as two new restaurants poised to hit the [...]

The Sarasota area continues to grow and thrive in exciting ways. Read on to discover and more!

A Dar-Winning New Restaurant

Local Chef, Darwin Santa Maria, will be opening his newest venture this month. Dubbed “Darwin Evolutionary Cuisine”, the restaurant will serve up the Chef’s signature ceviche, skirt steak with chimichurri sauce, [...]