In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results. The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
The media has reported that 2016 is shaping up to be a seller’s market. Whether you are looking to buy or sell a home many industry terms can be quite confusing. Let’s explore the terms buyer’s and seller’s markets. The type of market is defined by the amount of available inventory. Therefore, if a market…
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…
Have you ever wanted to invest in rental property? If you are reading this the answer is probably yes. Owning rental real estate is a great way to build wealth; however, unless a person has current knowledge of the rental industry there could be several setbacks. As an industry leader since 1939, Fickling & Company has…
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…
Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
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,…
Roy Fickling, President and CEO of Fickling & Company, Inc., announced today the hiring of retired Air Force Maj. Gen. Robert McMahon as President of Fickling Management Services, and Senior Vice President of Fickling & Company, Inc. He will succeed veteran commercial and investment real estate professional, Richard DeLisle. “We are saddened to see Rick…
Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…
