LAKELAND, FL, July 30, 2018 — Coldwell Banker Commercial Saunders Ralston Dantzler Realty (CBCSRD) released a market report on qualified sales data for the first quarter of 2018. The report provides a comprehensive look at commercial real estate values in Polk County and covers the industrial, office, retail and multi-family property sectors.
The publication includes a list of the Top 10 sales from the quarter overall and by sector. A review of the market shows that there is optimism about the national, state and local economy. Polk County is positioned well for growth in manufacturing and distribution, and Lakeland’s expected job growth will boost the multi-family sector’s rents and occupancy rates. Retail property sales in the county remain strong, while the office market is still in a slow recovery.
“Based on population and job growth trends,” said Gary Ralston, managing partner of CBCSRD. “We expect residential retail, commercial and warehouse real estate demand and prices to grow faster than office and general industrial.”
To download a copy of the CBCSRD Market Report, visit srdcommercial.com/marketreport.
Heather Celoria, Marketing Manager
HCeloria@SRDcommercial.com | 863.272.7151
Coldwell Banker Commercial Saunders Ralston Dantzler Realty (CBCSRD) is located at the center of Florida’s I-4 corridor. With intimate knowledge of local markets, a recognized national brand and global reach through Coldwell Banker Commercial offices worldwide, CBCSRD offers proven leadership and collaborative expertise. Founded by three highly-recognized CCIM-designated Florida brokers, the company brings together experts in all aspects of real estate. We provide services to land and commercial clients through both CBCSRD and our land brokerage, Coldwell Banker Commercial Saunders Real Estate. For more information, please visit SRDcommercial.com.