Tampa Broker Launches Website for Commercial Real Estate

A Tampa Bay industrial real estate broker created an online marketing platform for commercial properties to bring them out of the technology Stone Age. Rick Narkiewicz, the first vice president of CBRE Group Inc. in Tampa, founded Space Shifter, a database of commercial properties.

“It’s a well-known fact that our industry is in the Stone Ages when it comes to marketing,” Narkiewicz said. “Commercial real estate is 15 years behind the times when it comes to marketing, and we have solved that problem.”

There are 175 registered users and more than 12 million square feet of active industrial listings on the website in Tampa Bay. Users range from one-person real estate shops to big brokerage houses. The service is free to use right now, but Narkiewicz said he eventually plans to charge fees for the service. He said he wants to keep those fees at or below half of the price charged by similar services, such as LoopNet and CoStar.


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Nick Banks

Nick created Front Street Commercial Real Estate Group in 2002 and spent the first eight years developing and acquiring office and retail projects in South Florida as well as North Central Florida. In 2010 the focus of the firm was shifted to primarily serve third party clients and perform brokerage, property management and mortgage banking functions. Nick has personally developed and acquired nearly 200,000 square feet of office and retail properties in markets throughout Florida. Prior to founding Front Street, Nick was the Director of Finance and Dispositions for Stiles Corporation in Fort Lauderdale where he financed and sold over $500 million in commercial real estate. Before joining Stiles, Nick was an Associate Director at GE Capital Real Estate where he sourced over $200 million in financing throughout Florida. Nick is a graduate of the University of Florida with a degree in Finance and a concentration in Real Estate. He serves as a board member and current vice-chair for the United Way of North Central Florida where he also chairs the Development Committee. Nick is actively involved with the Gainesville Area Chamber of Commerce where he serves as a board member and committee member for the Council for Economic Outreach. He is also a recent graduate of Leadership Gainesville which is a year long leadership program hosted by the Chamber. He is a member of Grace United Methodist Church where he has served as finance chair and as a member of the leadership council. Nick serves as an advisory board member of the University of Florida Bergstrom Center for Real Estate Studies. Nick was recently named chair of the Gainesville committee for the North Florida chapter of Urban Land Institute (ULI). He is a licensed real estate broker in the State of Florida and is a long time member of the International Council of Shopping Centers.

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