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St. Petersburg market keeps growing!

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When Saglo invested in St. Petersburg with the purchase of Central Plaza, we analyzed the market and realized that this is one of the best places to invest in the Tampa area. Now, we can see how others agreed and are also putting their efforts for the growth of this beautiful city. Val Pak has […]

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Ruth’s Chris will open next year in St. Petersburg

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St. Petersburg, FL keeps growing and Ruth’s Hospitality Group Inc. knows it well! A new Ruth’s Chris restaurant will open on March 2015 in the Pinellas County’s city. The opening of this upscale dining option in the area proves that the market keeps growing in the Tampa Bay area. More details at: http://www.bizjournals.com/tampabay/blog/morning-edition/2014/05/ruth-s-chris-confirms-st-petersburg-restaurant.html?iana=ind_retail

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Saglo is ready for RECon

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Saglo will be part of RECon this year. The Miami based commercial real estate corporation will attend the largest shopping center convention in the world in Las Vegas on May 18. The International Council of Shopping Centers (ICSC) organizes RECon every year with more than 32,000 participants and 1,000 exhibitors. This will be a great […]

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Central Plaza Shopping Center

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Saglo has purchased Central Plaza Shopping Center located on the corner of Central Avenue and 34th Street in the densely populated city of St. Petersburg, FL. The property is anchored by a Goodwill Superstore and Family Dollar and currently has 1 vacancy of 6,000 SF. The tenant mix is comprised of 99% national companies that […]

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Time to “Spring” Into Action!

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We hired Anahi Quino (formerly RAM, Woolbright & Terranova – 9 years of experience) to join Carlos Guzman (formerly CREC & M2 – 15 years of experience). She will start March 31st and can be reached at Anahi@saglo.com We are actively meeting with property owners to hire Saglo for 3rd party leasing and/or management. We […]

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Bank branches grow in South Florida during 2013

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Even when banks slow down in the leasing of spaces, South Florida shows the second-largest gain with 37 openings in 2013, but in the negative side it had 30 branch closures.  http://www.bizjournals.com/southflorida/news/2014/01/28/south-florida-has-second-largest-gain.html?ana=e_du_pub&s=article_du&ed=2014-01-28

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Possible $100 million tax cut on business rents

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Florida is the only state who charges sales tax on commercial rents. ICSC, NAIOP and Realtor have worked hard to tax down slowly and eventually try to eliminate the sales tax. Can this proposal by Gov. Scott mean that will be eliminated in the future? Follow the link to the Business Journal: http://www.bizjournals.com/tampabay/blog/morning-edition/2014/01/governor-proposes-100-million-tax-cut.html

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New Property Pictures

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Check out Saglo’s new pictures of Flamingo Plaza and Vista Shopping Center. Marshalls – Flamingo Plaza Family Dollar – Flamingo Plaza Winn Dixie – Flamingo Plaza Sedano’s – Vista Shopping Center Red White & Blue Thrift Store – Flamingo Plaza

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