The second quarter of 2006 ended with total available Industrial Property inventory up significantly, as predicted. The official closing of the Brown & Williamson Tobacco plant added over 2 million square feet to the market, to bring the total vacant to over 4 million square feet. However, the high available inventory is primarily attributed to large…
As the first quarter of 2007 comes to an end, we see the volume of leases and sales increased over the first quarter of 2006. Due to a sharp increase in supply, the vacancy rate has risen since the first of the year in the small office and retail market. Several new strip centers and…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
Fickling & Company announces the newest addition to our Transaction Services Team! Wendy Holmes Pierce recently transitioned from our Director of Commercial Property Management over to our Transaction Services. Wendy has spent her 16 year real estate career in the Commercial Real Estate Industry specializing in leasing and management of a mixed portfolio of properties including…
It’s the end of 2006. In the Land and Timber real estate market, this year started out good in the first quarter with a high amount of land sales in all categories: Timber real estate tracts, Recreational tracts and Farm/Agricultural land. The second and third quarters didn’t go as well, due to severalfactors. Whenever there…
Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
It’s that time of the year when the real estate community is busy wrapping up loose ends, dotting the I’s and crossing the T’s in an effort to get those last deals finalized and closed before year end. As we move to the close of 2006 it behooves us to reflect on the factors that…
Nicki L. Pope experience in Commercial Real Estate extends over ten years in the Atlanta and Southeast Region markets. She specializes in commercial management, focusing on operations, leasing, tenant relations and tenant retention programs, construction management and problem solving. Ms. Pope interacts with clients, tenants, brokers, and constructor during complicated situations. Her personal standards, as well…
Baldwin County, Milledgeville GCSU opened 150,000 sq ft Library and Information Center GCSU opened another 300+ beds in a new residence hall to keep up with enrollment Barberitos and Velvet Elvis Restaurants opened downtown Pizza Hut, Wing Street, Long Johns Silver’s and A&W Rootbeer will open in December International House of Pancackes opened at the Super…
Over the years, working as a property manager, I have found myself wearing hats of many colors and sizes. Property Management duties didn’t start when the lease was signed nor did it end when the tenant moved-out. The property manager is responsible for every aspect of the asset. One might say a property manager is the…
