Hospitality Real Estate Market Q2 2008

    From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years.  One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.”  These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…

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      FICKLING WINS WITH LAS VEGAS SHOWING

      Retail was on the mind of over 40,000 people, the number of those who attended the International Council of Shopping Center’s 50th Annual Spring Convention in Las Vegas, Nevada from May 20ththrough the 23rd.   Twelve commercial real estate agents from Fickling and Company took advantage of the opportunity and met with many national retailers and existing…

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        Fine Tuning Commercial Property Management

        The restructuring of the property management department has proven to be successful.  New policies and procedures have been introduced and owners have noticed our proactive approach rather than reactive approach. The tenants are finding that the response time to maintenance calls has been cut in half.  The daily operations of the management department run more…

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          Lullwater East Development News

          Macon’s newest Starbucks Coffee opened in Lullwater East on Bass Road in September, serving their delicious coffee drinks to great crowds. It is a beautiful store and complements our shopping center very nicely. I would invite you to stop in, if you have not already. The Starbucks Coffee associates are always friendly and, if asked,…

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            Housing Market’s Effect On Warner Robins Real Estate

            Morgan Law, Director of the Houston County Industrial Authority, announced recently that in Houston County, there are currently 157 residential subdivisions either under construction, approved for development, or submitted for approval.  This is in light of the information we hear in the national news about the housing bubble.  We don’t believe the housing market turmoil…

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              What Is An Exclusive Buyer Brokerage Agreement

              State law prohibits a broker from representing a buyer as a client without first entering into a written agreement with the buyer under O.C.G.A. 10-6A-1 Understanding what the statement means An exclusive agreement means that the buyer agrees to hire the broker to act as the buyer’s exclusive real estate agent in order to assist…

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