Michael Feuerman, Esq., SIOR, CCIM

S. Fla. Commercial Tenant Rep Broker. Helping office and industrial tenants since 1999 to negotiate leases, and purchase/sale contracts.

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Some CRE purchasers are re-trading purchase prices due to rising interest rates, and some lenders are backing out of financing those deals. This will drive property prices down if it continues.
https://t.co/UJdShqlOUU via @WSJ

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

I'm very happy to have completed a lease renewal and expansion to 15,000 SF for the world HQ of Atlas Ocean Voyages in Downtown Fort Lauderdale. Be sure to check their amazing cruises! https://t.co/U7cM5k4F32

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Ken Griffin donates $3 billion to bring Carnegie Mellon University to Miami. He's doing more than developing real estate. He's improving the area for the long term. https://t.co/uZcW87M2ZU

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

I'm looking forward to attending the SIOR Global Fall conference in NYC next month. As always, I will be spending time with colleagues who have become close friends, sharpening the skills that I use daily as a CRE broker, and making new contacts. #SIOR

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Hurricane impact construction can make life easier for office tenants in the event of a serious storm. It's one of many critical factors to consider when choosing a location. https://t.co/DlzlPxhzkt via @SFBJNews

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Miami leads the pack in return-to-office stats . Miami is just -11.5% (behind the same time period in 2019, pre-Covid). The national average is -31.2%. Sunbelt markets + NYC outperformed most markets. https://t.co/6g71gI72wQ

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Spirit Airlines bankruptcy auction of their 615,595 sf HQ campus finds stalking-horse bidder for $88 million. Boston-based investment firm makes the offer. Auction to be held 8/11/26.
https://t.co/gSyvByabni

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

The Fed held rates steady today, but with dissenting votes wanting to increase. Commercial real estate owners should watch this carefully - stubborn inflation could lead to a rate increase, driving up mortgage and cap rates.
https://t.co/tnoR8N8mFu via @WSJ

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

@LordXsg 16

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Ken Griffin/Citadel buy and agree to relo historic cottage in Brickell, to clear way for massive office development. He's very committed to Miami, and we can thank Chicago and NYC.
https://t.co/CZKwfAL3SL

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Medical office buildings are attracting tenants - and investors - at an increasing rate as demand outpaces supply. This is no surprise, given the medical needs of an aging Baby Boomer population.
https://t.co/M8KCJvSm23

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Google founders, Page and SergeyBrin, purchase homes in S. FL, then Google reportedly expands their Miami office space from 10k to 45k sf. Similar to what Palantir (sf leased TBD) and Citadel did. Is FL benefiting from those fleeing wealth taxation?

https://t.co/8m9RHPIxKs

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

https://t.co/IXsc00VRbo
S. Fla. is now more expensive than NYC. Housing, insurance, dining, and other costs have skyrocketed as the wealthy move in and middle and lower classes move out. Businesses will suffer from employee loss if they don't significantly raise salaries.

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Spirit Airlines' South Florida HQ Scheduled For July Auction- includes 180k sf new office bldg, housing, training areas. Broward County may be bidding. https://t.co/rzvlvYyo9L

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Fidelity requires 5-days/week in-office. A "pick six" for the office market as Fidelity's plans to downsize turn to expansion.
https://t.co/JqgrhrY6uX

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Industrial demand will exceed supply by early 2027, per Costar. The window is closing for industrial tenants to strike good deals. Renew early to take advantage of market conditions.
https://t.co/3tzDemLfeG

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

The cost of living in Florida is driving out working class and middle class residents, as wealthy residents of other states continue to move in.

https://t.co/beOU65QSOw

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

To be sure, not all office buildings are being sold at a loss. But some are. This will allow owner/occupiers better optionsto buy an office building instead of leasing. There are opportunities out there!

https://t.co/2IHZJfreNP

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Maine is poised to freeze large data-center construction, fearing overuse of electricity. Why not focus on clean, renewable power sources instead? https://t.co/zx3Kk1tz0y via @WSJ

[Michael Feuerman, Esq., SIOR, CCIM @FLTenantRep]

Broward Health may take 12 properties by eminent domain for expansion. Eminent domain allows government agencies to acquire property under certain circumstances, but they still have to pay the owners a fair price. This one seems fairly complicated.

https://t.co/RmDh2TVGne