Going Strong

A quarter century ago, the Tampa area’s commercial real estate brokerage community was mostly a loose confederation of agents who did deals together but lacked any greater cohesion. Bob Zegota and a core group of experienced agents decided to change all that. Together, they formed the Florida Gulfcoast Commercial Association of Realtors (FGCAR) to promote greater unity and best practices for clients, and to establish a mentoring program for young brokers. Read...

FGCAR WELCOMES 2017 BOARD OF DIRECTORS

Thursday, January 19 – FGCAR celebrated the installment of the 2017 Board of Directors with a presentation from Larry Feldman, Feldman Equities. The audience was able to learn more about Park Tower and his Riverwalk development which will break ground in 2017. Our members saw renderings of what the site will look like and the visionary style of the project… Everyone agreed this tower will change Tampa. This will be part of the whole vision for the Riverwalk and the heart of the city that has been discussed for ten years. The 2017 Board of Directors is lead by President Brian Andrus, President Elect Steven Klein, Treasurer Wendy Giffin. Other board members are Erik Anderson, Sage Andress, Larry Gilbert, Carol Kinnard, Tom...

FGCAR Urges Decisive Action as Retail Presence Shrinks

A recent June 2017 report from Credit Suisse estimates that between 20% and 25% of the nation’s shopping malls will close in the next five years as shoppers’ habits continue to shift from in-store to online buying. Traditional mall anchors such as Macy’s, J.C. Penney, and Sears have announced widespread store closings in recent months, and a number of niche clothiers like American Apparel and BCBG Max Azria have filed for bankruptcy. The report estimates that around 8,640 stores will close by the end of the year.1 These problems will be particularly acute in retail-intensive areas like shopping streets and malls. Read...