Hospitality Real Estate Market Status

    As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector.  However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…

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    2018 Fickling & Company Picnic

    Fickling & Company Annual Picnic The annual picnic is a family fun event at Fickling & Company. The gathering is hosted on the Fickling Farm located in Macon, Georgia. As a family-owned real estate company, since 1939, the annual picnic is a long-standing tradition. Everyone gathers on the farm for good food, slushies, fishing, and of course…

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      The Costs Of Going Green In Commercial Real Estate

      In the late seventies, General Motors introduced a revolutionary electric vehicle designed to address high oil prices and long gas lines.  Unfortunately, battery system problems prompted GM to abruptly scrap the program.  GM bought back vehicles from customers, cleared dealer lots and ran the fleet through the crusher. Thus ended the immediate promise of alternative…

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        Industrial Real Estate Market 2006, A Look Back

        As predicted, the Bibb County Industrial Market experienced a substantial vacancy increase in 2006 with the 2.2 million square foot Brown & Williamson Plant officially being added to the existing vacancy inventory of more than 2 million square feet of space. Total Industrial space in the Bibb County market increased to 16 million square feet in…

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          Industrial Property Market in Macon Q2 2007

          There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007.  The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate.  Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…

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            Multi-family Real Estate Market Q4 2007

            In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…

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