The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
West Palm Beach,FL (PRWEB) November 20, 2013
As prices for quality single tenant net lease properties in Florida reach spectacular levels due to high demand and low inventory, leading Florida commercial real estate brokerage Income Realty Advisors, Inc. urges investors to consider higher-yielding, multi-tenant Florida shopping centers.
According to Patrick Moorton, a Florida commercial real estate expert and President of Income Realty Advisors, multi-tenant shopping centers anchored by Southeast supermarket giant Publix are a favorite among institutional investors, REITs, and high net worth individuals. These shopping centers offer investors stability and the credit necessary to secure more attractive financing.
Additionally, the traffic that Publix stores typically create is a major point of attraction for new tenants. Many management companies are available to efficiently and affordably manage a Publix-anchored shopping center at reasonable cost.
“Florida shopping centers anchored by popular supermarket chain Publix are highly sought after among institutional investors and high net worth investors,” said Moorton. “Investors serious about acquiring Florida commercial property should contact us for the most up to date opportunities as the Net Lease property markets changes rapidly.”
Moorton specializes in 1031/ tax deferred exchanges—a proven means for high net worth investors to reinvest in ‘like kind’ properties and defer federal income taxes. When investors sell a property in a high tax state and reinvest in a state with no personal income tax, like Florida, state tax savings are often substantial.
For more information on Florida multi-tenant shopping centers and the Income Realty Advisors buyer’s brokerage service, visit http://www.nnn1031exchange.com or contact Patrick Moorton at Patrick(at)nnn1031exchange(dot)com.
About Income Realty Advisors:
Florida Based Commercial real estate brokerage company Income Realty Advisors Inc. sells Florida NNN Properties and offers brokerage services for 1031 exchange buyers seeking Florida commercial real estate. The firm specializes in retail site selection and the sale of single tenant net lease properties with national credit tenants. Clients include developers of Publix, Whole Foods, Walgreens, CVS, 7-Eleven, TD Bank, Chase Bank, High Net Worth Individuals, Insurance Companies, Retailers and Real Estate Investment Trusts.
Featuring commercial income property for sale in Florida, our long-standing relationships with real estate developers, investors, brokers, and real estate investment trusts give us inside access to a constant pipeline of high quality projects. Contact us today to discuss your real estate needs.
Read the full story at http://www.prweb.com/releases/Floridannn/Publix/prweb11346508.htm