Florida’s proposed property tax amendment promises relief for property owners, but the bigger question is how local services, infrastructure, and commercial real estate markets will be funded if the tax base is reduced.

The Space Coast commercial real estate market remains active, with Brevard County’s 2026 data pointing to a more selective and sector-specific environment. Retail continues to dominate the local CRE landscape by size, transaction activity, and investor interest. Industrial remains tight, office is performing better than many larger metro office markets, and multifamily is working through the effects of elevated apartment deliveries.

Using the Mueller Framework to Put Today’s Market in Context Many commercial real estate investors rely on the market cycle framework developed by Dr. Glenn Mueller to understand how property markets evolve over time. Rather than focusing on short-term market headlines, the Mueller framework evaluates the interaction between supply growth, demand growth, occupancy levels, and rental rate trends to identify where a market or property type sits within a recurring four-phase cyc

Key Metrics Owners Are Watching (Median-Based) Brevard County commercial real estate fundamentals continue to reflect a selective but generally stable environment heading into 2026. While pricing and performance vary meaningfully by asset type and property quality, recent transactions suggest that well-located assets with durable demand drivers remain liquid, even as buyers apply greater discipline to underwriting. The metrics below focus on median pricing and current operati

As transaction activity shows signs of life, proposed tax reforms could reshape the long-term landscape. As Central Florida moves toward 2026, commercial real estate fundamentals are beginning to show signs of stabilization and selective opportunity. Transaction activity has started to thaw as interest rates appear closer to a ceiling than a floor, and pricing expectations between buyers and sellers are gradually converging. Industrial, neighborhood retail, and certain specia

Brevard County's commercial real estate landscape continues to evolve, With office and industrial sectors presenting distinct opportunities for property owners, this market summary highlights current trends and dynamics. In the office market, vacancy rates have dipped slightly to 6%, with demand largely concentrated in medical and 3-Star assets. Higher-tier buildings are capturing the lion’s share of leasing activity and commanding stronger rental escalations, while older, lo

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SperryCGA Multifamily Listings - November 2023

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Sperry Commercial Global Affiliates – Flint Brokers & Associates facilitated the acquisition of two retail investments in Florida after...