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’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.
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. Beginning in Palo Alto, they’ve since expanded to the Santa Monica and Seattle markets.
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.