Monday Market Update

From the Desk of Amy Calandrino: 

Happy Monday, everyone! I’m thrilled to kick off the week with some updates that have a significant impact both locally and nationally.

Beyond Commercial Update: We had a fantastic Q3 with Amy alone closing 8 deals, which means we’re down to just 4 active listings. That’s a good problem to have! 🎉 If you or someone you know needs help navigating the commercial real estate landscape, here’s a refresher on [what we do](https://beyondcommercial.com/what-we-do/).

Orlando Insight: For those of you curious about how Universal’s new Epic Universe will connect to other parks, they’ve revealed plans for a dedicated transportation system! This move should help alleviate traffic concerns around I-Drive, making it easier for guests to hop between parks without adding to congestion. It’s a promising development for local tourism and the businesses that support it. You can read more about it [here](https://www.clickorlando.com/news/local/2024/09/23/what-will-transportation-be-like-when-epic-universe-opens/).

National Market News: On a broader scale, commercial real estate deals are facing increased costs due to rising interest rates and operational expenses, such as insurance and property taxes. This is impacting how deals are structured and could affect property values, particularly in the office sector. Understanding these changes is crucial for investors and property owners alike. For a deeper dive into these trends, check out the full article [here](https://www.ccim.com/insights/commercial-connections/summer-2024/rising-cost-deal).

Whether you’re looking to buy, sell, or just curious about what’s happening in the market, it’s a dynamic time in commercial real estate. As always, Beyond Commercial is here to help you navigate these changes and seize opportunities. Let’s make Q4 even stronger!