In Q1, overall sales in South West Florida decreased 38% compared to the prior year. Over the last 12 months, the price per square foot for office property is down 33%, multifamily is down 30%, industrial is down 63% and retail is down 31%.
Data from LoopNet's Q1 2010 Investment Market Reports
Mike Rivera
239-770-6257
Mike Rivera Ferrer and Associates
Wednesday, May 19, 2010
Southwest Florida (Naples) Commercial real estate snapshot
Labels:
(Naples),
bank owned,
bulk sales,
Commercial,
debt,
distressed,
Florida,
Notes,
real estate,
REO,
Southwest
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