Skip to main content
close search
site logo

Faris Lee Triple Net Buy Sees Lowest Florida Cap Rate Since 2008

Published Feb. 16, 2012
By
Ron Gallagher Contributing Editor

The closing cap rate was 6.88% – the second lowest for a non-fast food restaurant in Florida since August 2008.

Recommended Reading

Editors' picks

  • Heavy machinery sits near the Broad River
    Image attribution tooltip
    Sean Rayford/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Public projects boost construction spending to $1.26T high

    Civil outlays in February fueled a record month for expenditures, but interest rates and tariff concerns continue to slow private growth.

    By Sebastian Obando • April 2, 2025
  • An ironworker on a construction jobsite.
    Image attribution tooltip
    kali9 via Getty Images
    Image attribution tooltip

    Hiring slows amid economic uncertainty

    Job openings data indicate contractors are reluctant to dismiss workers, even as unfilled positions fell year over year.

    By Zachary Phillips • April 2, 2025

Company Announcements

View all | Post a press release
Anthony P. Terranova, Esq. Named American Global’s North American Claims Leader
From American Global
May 19, 2025
American Global logo
Reframe Systems Wins 2025 Ivory Prize for Construction and Design
From Reframe Systems
May 20, 2025
Reframe Systems logo
KENPAT RECEIVES DUAL HONORS AT ABC GULF COAST EXCELLENCE IN CONSTRUCTION AWARDS
From KENPAT
May 05, 2025
KENPAT logo
Performance Contracting: One of Five Sponsors of Construction Safety Week
From Performance Contracting, Inc.
May 07, 2025
Performance Contracting, Inc. logo
Editors' picks
  • Heavy machinery sits near the Broad River
    Image attribution tooltip
    Sean Rayford/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Public projects boost construction spending to $1.26T high

    Civil outlays in February fueled a record month for expenditures, but interest rates and tariff concerns continue to slow private growth.

    By Sebastian Obando • April 2, 2025
  • An ironworker on a construction jobsite.
    Image attribution tooltip
    kali9 via Getty Images
    Image attribution tooltip

    Hiring slows amid economic uncertainty

    Job openings data indicate contractors are reluctant to dismiss workers, even as unfilled positions fell year over year.

    By Zachary Phillips • April 2, 2025
Industry Dive is an Informa TechTarget business.
© 2025 TechTarget, Inc. or its subsidiaries. All rights reserved. | View our other publications | Privacy policy | Terms of use | Take down policy.
Cookie Preferences / Do Not Sell
This website is owned and operated by Informa TechTarget, part of a global network that informs, influences and connects the world's technology buyers and sellers. All copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.'s registered office is 275 Grove St. Newton, MA 02466.