News

FLORIDA’S POPULATION CONTINUES TO GROW

Florida’s permanent population increased by more than 2.8 million (17.6%) to 18.8 million between 2000 and 2010, making it the third largest increase among the states of the union. This was one the findings of an analysis of U.S. Census Bureau data prepared by the Bureau of Economic and Business Research of the University of Florida.

The study projects an annual growth rate of 252,000 for the current decade, 255,000 the following decade, decreasing to 220,000 the decade after that. According to Stan Smith, the bureau’s director, Florida’s growth rate has decelerated due to the recession, but “as the economy recovers, population growth will increase as well.”

For the Tampa Metropolitan Statistical Area (MSA), which includes Hillsborough, Pinellas, Pasco and Hernando Counties, the bureau has projected, from census data, various interesting and different growth rates, as follows:

COUNTY	2015	2020	2030	2040
Hillsborough	1,325,300	1,439,000	1,652,700	1,836,700
Pinellas	915,600	914,400	912,100	910,300
Pasco	514,300	570,600	677,800	772,400
Hernando	190,800	211,200	250,100	284,500

Source: The St. Petersburg Times, June 14, 2011 Tampa edition

RESOURCE REALTY GROUP WELCOMES MFS TO TAMPA

TAMPA, Fla. (October 5, 2011) – MFS (Morris Flamingo Stephan), one of the leading beauty supplies distributor and manufacturer, has relocated its operations from Danville, IL to 90,000 SF in the 500 S. Falkenburg Rd. industrial facility, in Tampa. Ed Melo, President of Resource Realty Group, represented the tenant, and Jason Aprile, with the Ross Realty Group, Inc., represented the landlord.

“We thoroughly researched the local market until we found the facility meeting all of the requirements of MFS”, commented Ed Melo. MSF considered several other cities for relocation, and with our input, Tampa was selected. The functional and convenient 500 S Falkenburg facility should meet MSF’s needs for the near future, and the capable labor force and convenient transportation facilities available in our area will surely contribute to its continued success.

About Resource Realty Group

The Resource Realty Group has provided Commercial & Industrial Real Estate Brokerage, Management, and Consulting services to local and national businesses and owners since 1981. Based in Tampa, FL., our regional firm covers much of the state.

RESOURCE REALTY GROUP BRINGS KTC METALS TO TAMPA

TAMPA, Fla. (June 22, 2011) – KTC Metals, a leading supplier of extruded aluminum building products in South Florida, has established a Tampa Bay Regional Distribution Office at the 5300 Adamo Drive Distribution Center, in Tampa. Ed Melo, President of Resource Realty Group, Inc. structured the long term lease for the 41,000 square foot office/showroom/distribution space at the Center.

KTC supplies a full line of aluminum extrusions and products generally used in the construction of outdoor leisure facilities (pool cages and screened rooms) for homes and buildings, as well doors and windows for the home. “Having experienced fast growth in the South Florida market, we detected the great potential of the Tampa Bay Region and determined our need to be there,” commented Arnaldo Aguilera, Founding General Manager of KTC. With a complete selection of shapes and colors in stock, KTC is now open for business. “We selected the Center because of its functionality and clear height, and for its central and very accessible East Tampa location,” commented Gary Martin, Tampa General Manager.

RESOURCE REALTY GROUP NEGOTIATES SALE OF 18,600 SF TAMPA FACILITY

TAMPA, Fla. (January 15, 2011) – Antinori Retherford Properties, LLP of Tampa, has just acquired the 18,600 SF exceptional distribution building owned by the Plumley Revocable Trust (former headquarters of the Gulf Central Corp. of Tampa) located within the US 301 Industrial Park, at 7819 Professional Place, Tampa, FL 33637. Ed Melo, President of Resource Realty Group, Inc. represented the Seller and Richard Schofield, key member of Keller Williams Tampa, represented the Buyer.

After conducting an analysis of the market, Resource prepared a comprehensive marketing plan for the Property and successfully implemented it in spite of the difficult commercial real estate market prevailing in our area. “We are very pleased with our results, having been able to sell the Property at close to the listing price, overcoming the headwinds of our difficult market”, commented Ed Melo.

RESOURCE REALTY GROUP NEGOTIATES ACQUISITION OF WACO’S NEW JACKSONVILLE FLORIDA FACILITIES

TAMPA, Fla. (Dec. 15, 2008) – WACO Associates, Inc., the first national filter distributor in the U.S., headquartered in Norristown, PA with locations coast to coast including Puerto Rico, has closed on a 17,930 SF new Northeast Florida Regional Distribution Center, in Jacksonville, through the efforts of Resource Realty Group, Inc., a regional firm specializing in commercial and industrial real estate since 1981.

Resource recently spearheaded the design-build procurement of WACO’s Tampa Regional Distribution Center. WACO was so impressed with Resource’s performance that they entrusted us with the task of negotiating the acquisition of new Northeast Florida distribution facilities.

The task undertaken by Resource included analyzing the market, locating available properties that could meet WACO’s requirements, recommending the best choices, determining relative value, and negotiating the acquisition.

“We are very pleased of being selected by WACO, once again, to fill their Florida real estate needs and of satisfying those needs with great performance and high client satisfaction”, commented Ed Melo.