Commercial Market Recovering- “From a jobs perspective, we really haven’t fully recovered from the recession,” said Sarasota commercial broker John Harshman. “Office space houses jobs.” Many businesses have relocated to other offices, taking advantage of lower rents and better deals, but those movements don’t lower the vacancy rate, he said. Quoted from a Herald Tribune article dated 12/1/15 - Click here to read the entire article.
November/December 2015 BIZ 941 Article
Main Plaza Redevelopment Plans-"It's a tremendous redevelopment opportunity," said downtown commercial broker John Harshman. "However, it's also a very complicated redevelopment opportunity. It's going to take some serious redevelopment experience to develop it." Quoted from Herald Tribune article dated 11/14/15 - Click here to read the entire article.
Business Observer - Commerial Real Estate Profile 9/4/15Gateway Center Sells for $37 Million- Sarasota commercial broker John Harshman, who was the co-operating broker in the deal, said the 250,000-square-foot, Class A suburban office center is nearly 90 percent leased. “This is a high-quality, extremely attractive property in a very good location,” Harshman said. “For any buyer of a property like this in a market as dynamic as Sarasota, it's a great acquisition.” Quoted from Herald Tribune article dated 05/19/15 - Click here to read the entire article.
Business Observer - East of Downtown Poised for Growth 4/23/15
Pineapple Square Developer Taking Bids for Sale- “The question is whether the market can absorb that much project right now,” says John Harshman, president of Harshman & Co. Inc., a Sarasota-based commercial real estate brokerage firm. “Retail downtown, in particular, has slowed from its pace of two years ago, when some good tenants moved in. Now, some significant spaces downtown remain vacant, and we’ve not seen the attention from national retailers we once had.” Quoted from Sarasota Oberserver article dated 04/16/15 - Click here to read the entire article.
No Big Project Yet for Main Street Site- "It was a great acquisition for him," said John Harshman, president of commercial real estate brokerage firm Harshman & Co. Inc. "With downtown zoning, he could do residential, office or a mix of the two. There are a lot of possibilities." Quoted from Herald Tribune article dated 02/27/15 - Click here to read the entire article.
Restaurants and Shops Following Condos Downtown- "Downtown Sarasota has always been an entertainment district, with a blend of restaurants, nightclubs and theaters," said John Harshman, president of Sarasota commercial real estate brokerage firm Harshman & Co. Inc. and the former chairman of the Downtown Sarasota Alliance. Quoted from Herald Tribune article dated 12/29/14 - Click here to read the entire article.
Townhome Developer Buys Acre Next to Sarasota's Renaissance Tower- Townhomes are a good choice for the land, said John Harshman, president of Harshman & Co. Inc., a Sarasota commercial real estate brokerage firm. "It's consistent with what was originally contained in the Renaissance master plan," Harshman said. "The original master plan showed a series of live/work townhomes fronting Cocoanut Avenue and a portion of Boulevard of the Arts, at the time a major step the city took to encourage the redevelopment of the Rosemary District." The new townhome plan also will fit nicely with other proposed developments in the area, Harshman said. "I think it makes a lot of sense, and it will offer a different product to our market," he said. "We're likely going to have a fair number of apartments in the relatively near future downtown, and there are some condos coming on line, so townhomes will be a welcomed product for downtown." Quoted from Herald Tribune article dated 12/10/14 - Click here to read the entire article.