Real Estate is Local – Just Look at the SRQ Office Market

When it comes to commercial real estate, national headlines don’t always tell the full story. Take office vacancy rates for example:

While the national office market shows a 14.1% vacancy rate, our local markets tell a very different story. The national vacancy rate is 2.52 times higher than our local rate.  Strong demand and limited supply in Sarasota and Lakewood Ranch are keeping vacancy rates well below the national average.

This highlights a key principle: real estate is local. Understanding regional nuances is critical whether you’re leasing, investing, or developing.

Local expertise isn’t just a nice-to-have—it’s the difference between opportunity and risk.