Is the Local Daytona Beach Economy Stabilizing?

Posted by admin on August 10, 2009 under Good Info - Read It | Be the First to Comment

DAYTONA BEACH — The local economy is showing signs of stabilizing, if not recovering, and Volusia County officials highlighted some of the bright spots for community leaders on Friday.

“The good news is, despite the reports in the newspapers, the world is not coming to an end,” said Phil Ehlinger, interim director of the county’s Economic Development Department.

Ehlinger and County Chairman Frank Bruno presented the county’s second-quarter economic development update Friday to a group of business and political leaders gathered at Daytona Beach International Airport.

Ehlinger said companies, such as Raydon Corp., Sparton Corp., AO Precision Manufacturing and KVar Energy Savings, are expanding their local operations and adding jobs. Read more of this article »

Daytona Beach Warehouse Properties Now HALF PRICE from Last Year

Posted by admin on under News Releases, by Tim Davis | Be the First to Comment

by Tim Davis

Today you can lease industrial, flex space, and warehouse properties in the Daytona Beach area for roughly half the asking rates of one year ago – I spent this morning negociating a lease for $4.50 per square foot – GROSS – he current advertised price on this building is $7 triple net, which equates to $8.90 gross – nearly HALF off. Our Team here at Benchmark leased 4,000 SF of flexspace last week for $4.20/FT gross.

Surely in this economic climate, deep discounts on commercial property will yeild some benefits, and help small businesses take chances on expansion? Here is a building that is $5 gross – asking price 10,000 SF Warehouse for $5/FT gross