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Need a Vacation to Sunny Cuba?

Morris South East Group was very excited to hear today that thanks to a recent move by the U.S Customs and Border Protection, folks in the Fort Myers area will now be able to fly directly to Cuba through Southwest Florida International, according to a recent article in the Ft. Myers News Press.

The article notes that this move makes the airport one of only 15 nationwide able to handle such flights but that there isnbt an airline designated to handle the routes just yet. Until then, Airport Director Bob Ball says, Charter planes will be the likely mode of transportation to the tropical destination and even then, direct traffic to Cuba will still remain highly restricted.

The Southwest Florida Airport serves the greater Southwest Florida area, including Fort Myers, Fort Myers Beach, Cape Coral, Sanibel, Captiva, Lehigh Acres,B Greater Naples, Marco Island and the everglades, Charlotte Harbor and the Gulf Islands as well as other points along Southwest Florida’s Gulf Coast.

As if you needed another reason to relocate to south Florida! To stay up-to-date on the latest business news and trends in this area, check back with us regularly.

Photo Credit: Southwest Florida International

Positive CRE News Generated This Week

A number of commercial real estate articles that have come out this week reflect positivity and optimism for the CRE industry. Here are a few articles of note to check out that just might put a spring in your step:

bDonbt Just Take Our Word for It, Upside to CRE Market Has Begunb
CoStar Group shares forecasts from four different CRE analysts, and each of them bcast conditions with a fairly sunny outlook,b as CoStar describes.

bOptimism Abounds for CRE Market in Second Halfb
This REIT.com article points to factors such as positive job growth expectations as cause for optimism over what will happen with CRE in the latter half of this year.

bCommercial Real Estate Market is Rebounding in Certain Segmentsb
The BullRealty.com blog looks to main names from the National Association of Real Estate Editors speaking on the bCommercial Real Estate Showb for state-of-the-industry news.

Is all of this positive news making your own outlook a little more optimistic?

An Unexpected Price of Allowing Telecommuting

As a commercial real estate company specializing in office property, webve been interested in watching how technology is changing the current workplace. Telecommuting is a huge business trend lately, as technology gives people the ability to work from homebor from nearly any place, for that matter. Naturally, this trend has been leading companies to opt for smaller office spaces since employees donbt need to be in the office all the time.

Some employees donbt even have to be in the office at all, allowing them to telecommute from another state. Sounds great for employers, right? But it may not be. According to a recent article in The Wall Street Journal, employers with out-of-state workers telecommuting may be responsible for paying a state corporate tax.

The article details a recent case involving a New Jersey company with an employee in Maryland and explains how that case may relate to other businesses and other states as well. We suggest you read it. It gives an interesting look at the whole issue of telecommuting.

Image: Michal Marcol / FreeDigitalPhotos.net

How the U.S. Can Bolster Job Creation

Webve been saying for a while now that commercial real estate recovery depends in large part on job creation and lowering the unemployment rate. Well, Jeff Immelt and Ken Chenault, two members of the President’s Jobs and Competitiveness Council, wrote an interesting article for The Wall Street Journal earlier this week on bHow Webre Meeting the Job Creation Challenge.b

They outline five suggestions for aiding job creation in the short term, including:

  1. Training workers for what real-life jobs need employees to be able to do.
  2. Making the permitting process more efficient to boost construction and infrastructure projects.
  3. Increasing travel and tourism to the U.S.
  4. Helping small businesses get loans.
  5. Having construction workers tackle energy efficiency in commercial buildings.

The council will also be working on developing longer-term strategies to really boost job creation in the U.S. Read the Wall Street Journal article to learn more about the five points above and the councilbs plans moving forward.

Image: renjith krishnan / FreeDigitalPhotos.net

Morris Southeast Group Extends and Expands Warehouse Lease

Earlier this month, Morris Southeast Group/CORFAC International extended and expanded the Greenfield World Trade warehouse lease in Weston, Florida, representing Greenfield for the fourth time now.

Greenfield extended its lease by 30 months and expanded by 16,650 feetbnow occupying a whole 61,000-square-foot building at 3355 Enterprise Avenue in the Meridian Business Campus. Ken Morris, SIOR of Morris Southeast Group/CORFAC International, represented Greenfield in this lease extension and expansion.

Greenfield distributes food service and preparation equipment, representing more than 30 high-quality commercial restaurant equipment manufacturers. The Meridian Business Campus in Weston comprises 16 buildingsbabout 1.5 million square feetbnear I-75 and has tenants including Edybs Ice Cream, United Stationers and more.

You can learn more about this news from our press release and find out more about Morris Southeast Group on our website.

Why Choose South Florida Office Property?

There are so many reasons. At Morris Southeast Group, we offer commercial real estate services in South Florida and specialize in office property, so itbs no surprise we think this is a great area for your business.

But you donbt only have to take it from us. Miami-Dadebs economic development partnership, The Beacon Council, offers a list of the top 10 reasons to choose Miami. Their No. 1 reason:

bMore than 100 international consulates, trade offices, and bi-national chambers of commerce that support the worldwide flow of goods and services.b

You may also find this list of Florida and Miami-Dade incentive programs helpful in your decision. If youbre searching for South Florida office property or need owner representation, tenant representation, corporate services or investment sales help, visit the Morris Southeast Group website to learn more about us, and feel free to contact us.

A Look at Microwork and the Changing Workplace

The bnormalb workplace has been changing rapidly, due in large part to new technology. The use of microworkers is one trend thatbs not new, but thatbs definitely taking a larger hold lately in the business world. Businessweek describes microwork as a trend that:

buses the Internet to access workers around the world for short-term projects that pay a few bucks to hundreds of dollars per hour. The tasks might require a few minutes or a few days to complete.b

Businesses are saving money and their employeesb valuable time by hiring microworkers, a trend thatbs helpful to companies but potentially harmful to the U.S. job market since micro-outsourcing is also an option. Additionally, because these microworkers can complete most of the work remotely, the trend impacts commercial real estate as wellbspace requirements shrink as remote work grows.

You can learn more about microwork, also called crowdsourcing and the human cloud, from Businessweek. Has your company used microworkers on a task-by-task basis?

Image via liberatemedia.com

Industrial CRE Market Shows Progress

The industrial commercial real estate sector is showing great recovery, as evidenced by leasing at pre-recession levels and a decreasing industrial property supply, according to PR Log and based on an interview with Cushman & Wakefieldbs Jim Dieter. Industrial leasing in the first quarter was the highest itbs been since 2007.

The improving economy and especially a growth in U.S. manufacturing have contributed to the positive progress in the industrial market. Despite skyrocketing energy costs and high unemployment, Dieter expects the positive industrial trends to continue, according to the PR Log.

Webre very glad to see this good news for the industrial market. At Morris Southeast Group, we specialize in industrial properties and offer a variety of commercial real estate services. Contact us at 866-930-1426 for your South Florida CRE needs.


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