New Location for Kosher On Wheels

Kosher on wheels, purveyor of Kosher foods and cooking products has expanded its operation. Kosher On Wheels has now added a location in the Port Orange Industrial Park. The 3,000 SF location will primarily be used to service accounts in the northeast central Florida area, from Jacksonville to Brevard county, and eastward toward the East Orland area. Tim Davis acted as the sole leasing agent for this transaction. For more information on Kosher on Wheels, visit them on the web at Kosher On Wheels

</font>

warehouse industrial space lease purchase rent office Daytona Beach realtor realator commercial real estate Daytona Beach, FL, real estate, listings, business buying, commercial property selling, Realtor, land for sale, industrial property, real estate agent, broker, relocation, land, commercial, retail, warehouse, showroom, lease to own, property, use, properties, multiple listing service, mls, moving Tim Davis GG Galloway

Brambeir’s Daytona Beach Expansion

News Release –

Daytona Beach FL – Brambier’s Windows and Walls has added a new location in the greater Daytona Beach Area. They have finalized a lease of 4000 SF of industrial flex space in the Port Orange Industrial Park, located off of Samms Ave in Port Orange. Brambier’s has three locations, in North Miami Beach, Buford Georgia, and now a new larger location in the Daytona Beach Area. The lease was facilitated by Scott Harter of CBC Benchmark as the sole broker. For more information about space available in this complex, contact Scott Harter at sharter@cbcbenchmark.com. Find our more out Brambier’s at  www.brambiers.com.

warehouse industrial space lease purchase rent office Daytona Beach realtor realator commercial real estate Daytona Beach, FL, real estate, listings, business buying, commercial property selling, Realtor, land for sale, industrial property, real estate agent, broker, relocation, land, commercial, retail, warehouse, showroom, lease to own, property, use, properties, multiple listing service, mls, moving Tim Davis GG Galloway

1Q 2009 – Commercial Rental Rates Continue Downward

U.S. office rents declined at the steepest rate in seven years during the first quarter of 2009, according to research firm Reis Inc.

“It’s really sobering to see that even though we’re technically at the beginning of this downturn, the magnitudes of the declines, the fact that they’re registering historic levels, is really sobering,” says Victor Calanog, Reis director of research.

So far, commercial property values have decreased 22 percent from their peak in 2007, according to J.P. Morgan. Nationwide, rents, minus discounts to tenants, have fallen 3.2 percent, compared to the first quarter of 2008. The vacancy rate rose 15.2 percent in the first quarter.

Reis predicts that surplus space will reach 47.7 million square feet by the end of 2009, but some commercial property experts are saying that number is too low. Many economists expect a recovery in this sector by early 2010.

Keywords: warehouse industrial space lease purchase rent office Daytona Beach realtor realator commercial real estate Daytona Beach, FL, real estate, listings, business buying, commercial property selling, Realtor, land for sale, industrial property, real estate agent, broker, relocation, land, commercial, retail, warehouse, showroom, lease to own, property, use, properties, multiple listing service, mls, moving