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More Offices are Offering a Variety of Open Spaces

Do you recall reading our

The main concepts of open work spaces that take into account the many different ways that people work include:

  • Buzz b conversational noise and commotion b is good. P
  • Private offices and expressions of hierarchy are of debatable value.
  • Less space per worker may be inevitable for cost-effectiveness, but it can enhance the working environment, not degrade it.
  • Daylight, lots of it, is indispensable.
  • Chance encounters yield creative energy and mobility is essential.

To read the entire article for inspiration on your future office’s design visit The New York Times, and when you’re ready to begin searching for office or industrial space in South Florida contact Morris Southeast Group at 866-930-1426.

Source: The New York Times

Miami-to-Orlando Service Rail Will Benefit Businesses

Have you heard news of Florida East Coast Industries planning a project to develop a Miami-to-Orlando passenger train service? The $1 billion dollar project would use the right of way that runs through the downtown areas of the South Florida coastal cities creating a three-hour commute. While the service rail will benefit those who commute between Miami and Orlando on a regular basis, it will also benefit the business community in particular. Once it’s up and operating the passenger rail will…

  • Create jobs and grow Florida’s economy: Nearly 6,000 direct jobs will be needed to construct the system, and more than 1,000 additional jobs to operate and maintain it.
  • Drive new investments along the route
  • Stabilize the office sector
  • Allow businesses in Miami and Orlando to interact more efficiently

What are your thoughts on the service rail? Let us know what you think and if you are interested in investing in office or industrial property in close proximity of the rail call Morris Southeast Group at 866-930-1426.

Source: South Florida Business Journal

Luxury, Mixed-Use Development Receives New Design

Do you remember hearing news the Resorts World Miami would soon begin building on the former Miami Herald site? Even though the hopes of a casino coming to Miami has been put on hold they are moving forward with their $3 billion plans that include a new design.

The revised design of 13.9-acre site will include a 5-start hotel, condominiums, waterfront restaurants and related amenities. According to the co-founder of the architecture firm that is creating the new design, the purpose of the redesign is to “bring to life one of Miamibs most underutilized pieces of waterfront land after decades of inactivity.” The new design will transform the site which has long been viewed as “dilapidated” and “inaccessible” into a pedestrian-friendly focal point of downtown. Additional plans for the design include an 800 foot-long, 50 foot-wide waterfront promenade with a view corridor and landscaped green space, as well as preserved vistas between the Omni district and Biscayne Bay.

Source: GlobeSt.com

Image: Miami New Times Blog

9 Keys to Consider Before Investing in Commercial Real Estate

Do you think it may be time to invest in commercial real estate for the betterment of your business? If so be sure to consider the nine keys to consider before investing…

  1. Define and understand your needs. Make sure the decision to buy a building fits in with your business plan.
  2. Allow flexibility for growth or contraction.
  3. Evaluate the opportunity as an investment as well as how the property fits your needs. Do a lease vs. buy analysis as a part of your financial analysis.
  4. Know the market and your alternatives.
  5. Do space planning and costing prior to removing conditions to purchase.
  6. Evaluate your opportunity costs. Is the investment return comparable to the additional return you could get from investing the money in your business?
  7. Have an exit strategy. Know how you will divest yourself should the need arise.
  8. Obtain the services of a professional to avoid costly mistakes and to make sure your decisions are sound.
  9. Remember that location is an extremely important key for appreciation and resale.

Contact Morris Southeast Group for your commercial real estate service needs in South Florida; we specialize in office and industrial properties.

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Miami Leads All United States CRE Markets

A few days ago we shared news that all of the

The National Association of REALTORS predicts Miami commercial vacancy rates in the first quarter will be lower than the national average in all top four sectors. Office, industrial, retail and multifamily will all have lower vacancy rates compared to the average of the other 73 markets tracked in the February Commercial Real Estate Outlook. Particularly significant is the prediction that Miami will have an impressive 7.6 percent rate, which is more than four points below the national average of 11.7 percent for industrial. Only Orange County and Los Angeles are predicted to have lower vacancy rates. Retail, too, in Miami is forecasted more than 4.5 points lower at 7.3 percent, compared to the national rate of 11.9 percent.

If you are looking to invest in the best commercial real estate market in the nation contact Morris Southeast Group at 866-930-1426.

Source: Yahoo! News

 

Consider an Open Floor Plan for Your New Office Space

Are you currently looking to move your staff to a new office building with a better floor plan to help your company’s day-to-day operations flow better? If so you many want to consider a space that features an open floor plan, or one that you can renovate to your liking.

Open floor plans have gained popularity over the last few years due to all of the benefits that come along with it. To begin they are more economical; they provide you with the option to place more employees in an office and they allow you to trim the costs of heating, cooling and lighting. In addition to being more economical they also allow for easy collaborationB and the exchange of information between team members and upper level managers.

Does it sound like an office with an open floor plan would be best for your business? For help finding the perfect South Florida office with an open floor plan contact Morris Southeast Group at 866-930-1426.

Image from Glass Door

Browse the Morris Southeast Group Property Listings

Are you currently looking for commercial real estate property in South Florida? If so did you know that you can browse the property listings we have available? We suggest you visit our website morrissegroup.comB where you can look through all the properties we have for sale and lease.

Depending on your preferences you can look at an abbreviated list of all our properties at once or perform a more specific search detailing the market, submarket, city, zipcode and etc. And once you settle on a property that you would like more information on you can simply click on its address and you can find its description as well as exterior and interior pictures. The description of the building will also provide you with details on the units available in the building, including the area of space, occupancy, lease length, use, and rent by square foot.

If you find yourself with questions about any of our properties after searching through the listings please give us a call at 866-930-1426; we look forward to assisting you with our services!

All U.S. CRE Markets Showing Signs of Improvements

Last month we shared news that the South Florida CRE market was rebounding with the help of international trade, and according to the recent Commercial Real Estate Market survey from the National Association of Realtors all U.S. CRE markets are improving. One of the major reasons for the improvement is being attributed to sustained job creation, which in turn is increasing the demand for space.

The National Association of Realtors also predicts that within the next yearB vacancy rates will decline 0.4% in the office sector, 0.8% in industrial real estate, 0.9% in the retail sector and 0.2% in the multifamily rental market.

If you are interested in investing in commercial real estate in the South Florida area contact Morris Southeast Group at 866-930-1426.

Source: Property Wire

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2012 Technology Trends for the Office World

As information technology continues to develop the business world is seeing theB rise of new office technology trends. Keeping these trends in mind and findingB ways to make them work for you will give you an edge in your business.

Smartphones are rapidly shouldering aside the traditional cellular phone, leadingB to a significant decrease in the prevalence of traditional cell phones in business.B This is due to the dramatically greater functionality of smartphones, including aB number of useful business applications. For instance, cloud-based printing allowsB a user to connect to a printer from a smartphone or tablet computer via theB Internet, enabling the user to manage important printing jobs such as adjustingB brochures, customizing business cards, or completing documents, while on theB road.

A smartphone can make you safer on the road, as well as more productive. InB addition to the GPS apps that many people already use, newer apps such asB iOnRoad expand the smartphone’s versatility in your vehicle, using the cameraB as a collision avoidance tool to keep you safer on the way to view a property.

If you are looking to expand your business Morris Southeast Group can help youB find the commercial real estate you need.

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