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National hotel chain debuts new brand concept in Tampa

National hotel chain debuts new brand concept in Tampa | Business Observer | Business Observer (businessobserverfl.com) North Carolina hotel company, chasing population growth, makes Florida the focus of its new brand and expansion. by:  Louis Llovio   Tampa Bay Editor When opening a hotel in Florida, particularly when it is a national hotelier unveiling a new brand concept intended to boost the company to bigger heights, it is not too much to ask for a little sunshine, is it? This is the Sunshine State, after all. The capital of tourism. Why else would you show off a new property if not to capitalize on the idea of fun and sun? That’s probably what Extended Stay America was thinking when it decided to hold an official ribbon cutting for its new, and ballyhooed, Premier Suites brand in Tampa. Instead, the 60 or so soaked executives and dignitaries who showed up on a gray, rainy Tuesday morning in early August might as well have been in Seattle
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Meet the man behind the proposed Gas Worx neighborhood in Tampa FL

Meet the man behind the proposed Gas Worx neighborhood (fox13news.com)   TAMPA, Fla.  -  A dilapidated warehouse and industrial district on the southern edge of   Ybor City   is slated for drastic change. It will be a new neighborhood firmly rooted in the history of old Ybor City. "There are few places in America, let alone in Florida, where you can see genuine history, authenticity, and just that great character," said Graham Tyrrell, senior vice president of Kettler Inc. T yrell represents the master developer of   a planned 50-acre project that’s known, for now, as Gas Worx . The mixed-use development of residential, office and retail would fill in the area between Ybor City and the Channel District. An old warehouse will become a focal point o
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Amazon Air Opens Facility Near Cincinnati, Hotel Occupancy Falls, North Texas May Get Electric Vehicle Plant

  Amazon Air Opens Cargo Facility The air cargo arm of online retailing giant Amazon officially opened its $1.5 billion facility in the Cincinnati area. The Seattle-based company announced Wednesday that it kicked off operations for its Amazon Air hub at the Cincinnati/Northern Kentucky International Airport. It will serve as the central hub for the company’s air cargo network. Four years in the making, the hub contains an 800,000-square-foot sorting operation on a 600-acre campus that has seven buildings in all. Eventually, the operation will employ 2,000 people. The air cargo hub marks another step in a quest to have its own delivery service, which puts it in competition with UPS, FedEx and the U.S. Postal Service. Amazon Air’s new facility is 100 miles from UPS’ central hub at the airport in Louisville, Kentucky. In addition to the air cargo facility, Amazon announced six new buildings in Florida to increase its investment in the state to $18 billion. A new 630,000-square-foot f...
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A Different MODEL. A success story all the same.

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  Dr. Phillips Charities combines traditional philanthropy and commercial real estate development to fund Central Florida non-profits Florida Trend August 2021
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LinkedIn: Tampa Bay lands in top 10 for tech worker relocations

  LinkedIn now has proof that technology workers across the nation really are moving to the Tampa Bay region in droves. The website released its top 10 cities for tech employees based on migration patterns, with the Tampa Bay region landing at the No. 6 spot. The Bay area had roughly 128 employees per every 10,000 LinkedIn users relocate to the region between May 2020 and April 2021. Tampa Bay lands in top 10 for tech worker relocations - Tampa Bay Business Journal (bizjournals.com) Enjoy!
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Guest column: Financial impacts of people migrating to Florida

  It’s estimated that between April 2020 and April 2021 Florida’s population grew by 1.38%, or about 298,000 people.
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CoStar Money: Retail CMBS Loan Distress Comes in All Shapes and Sizes

  By   Mark Heschmeyer CoStar News June 10, 2021 | 10:46 A.M. Nearly 18% of the square footage in U.S. malls and shopping centers tied to loans on the commercial mortgage-backed securities market was behind in payments or transferred to special servicing as of mid-May, according to data collected by CoStar. That’s more than 1,000 properties where borrowers are working to pay back their debt while the pandemic poses economic challenges for brick-and-mortar stores. Delinquent and specially serviced retail CMBS loans were shown to back more than 140 million square feet of property. Combining CMBS reporting data with .... https://product.costar.com/home/news/shared/491435960?utm_source=newsletter&utm_medium=email&utm_campaign=money&utm_content=p1&t=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJjb250YWN0SWQiOiIxOTUzNjY0IiwiY3VsdHVyZUNvZGUiOiJlbi1VUyIsImlhdCI6MTYyMzM0NDY4Nn0.JQ21xCMqG0rvMLl1uGlKHXvL99iQ4fsngU4xpIoSPw0
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