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Commercial Real Estate News for Tuesday, Dec. 27

Welcome back, we hope you had a wonderful holiday weekend! Enjoy these three articles on the state of the Brazil’s commercial real estate, a new retail company focused on tech and a review of Jacksonville’s largest office property sales.

Brazil Commercial Real Estate Prices and Lease Values Fall in Nov.

Brazil’s commercial real estate market continues to contract in the midst of the country’s recession. In November, commercial property prices dropped 0.45 percent, for a total of 3.18 percent year-to-date.

Unusual Retail Concept Puts New Spin on Tech Retailing

A retail start-up is looking at new ways to boost tech start-ups. b8ta allows shoppers to test out the newest gadgets in an hands-on environment. ┬áBeginning in Palo Alto, they’ve since expanded to the Santa Monica and Seattle markets.

2016 in Review: Office Transactions and Leases

As the year comes to a close, BizJournals looks back on the largest office property sales in Jacksonville. Highlights in the commercial real estate market include a $195 million sale in Deerwood Park and the $54.3 million sale of The Ameris Tower.