CommercialDeb.com

Commercial Real Estate in Punta Gorda and Port Charlotte Sees Price Rise Due to Increasing Activity

 

Punta Gorda, FL -- (SBWIRE) -- 02/05/2014 -- The year 2013 had seen a sudden demand in commercial property in Charlotte County due to the immense projects planned and initiated in the area, however the confirmation of an increasing price rise was still questionable. The start of 2014 has seen the continuation of the trend and many financial experts and real estate professionals are suggesting that this is the best time to invest in commercial properties in Charlotte County especially in Punta Gorda and Port Charlotte area as the bullish trend will continue on for upcoming years.

According to the sales and leases trends shared by LoopNet®, in the commercial real estate of the Charlotte County there has been a steady surge in median sale prices of office property and industrial property since late 2012. The retail property sale prices have followed suit with slight corrections in the middle of 2013. The lease trends of all 3 types of commercial properties have been stable since the start of 2013 with slight price increases.

Since the 2008 economic crisis, the prices of the properties in the Charlotte County had steadily declined and many projects were delayed or even cancelled. Now, the county is again witnessing increased commercial construction, such as office and retail spaces. The county is aiming to become one of the leading commercial and residential hubs in Florida via its innovative projects promoting economic and social development through green initiatives.

With nearly 1 and a half years of bullish markets in commercial real estate in Punta Gorda and Port Charlotte and especially a surge in the sale prices has made investing in commercial properties in the county very promising.

The Charlotte County government continues to plan and initiate projects that will further attract businesses and has shown aggressive infrastructure developments after recovering from the setbacks of the economic crisis. The upcoming years will offer more investment opportunities in the county with great returns.

About CommercialDeb.com
CommercialDeb.com is the online platform of Deborah McMullen one of the highly experienced commercial real estate agents of the international real estate brokerage firm KW Commercial. Over her extensive career Deborah McMullen, http://www.commercialdeb.com/, has focused on representing commercial properties in the Charlotte County. By successfully providing primely located offices to numerous new & expanding businesses and representing many buyers & sellers of investment real estate, Deborah is now considered the premier specialist commercial real estate agent in Punta Gorda and Port Charlotte.

For more information about Commercial Real Estate in Punta Gorda and Port Charlotte, or to schedule a meeting or interview with Deborah McMullen of commercialdeb.com, please call at (941) 661-8662 or email to deborah@commercialdeb.com.