Warehouse/industrial Market activity slowed in the 4th quarter of 2008, however the year ended with stabilized occupancy at 73%, basically unchanged from 2007. Occupancy in 2009 is expected to decrease. The construction industry is cutting back on occupied space as the cautious business climate and lack of financing continue to exert a negative influence in…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
When you get ready to sell your property, there are a number of things to consider before listing. Who will market the property, how much to sell for, how and where to market the property, just to consider a few. Selling a property is a time consuming and tedious project therefore, consider the following questions before…
Cycles… what are they? In baseball, there is hitting for the cycle, which is a batter hitting a single, double, triple and a homerun in one game. In astronomy, there is an orbit cycle in which planets rotate around an object. There are bicycles and motorcycles in which the wheels travel in a circular motion. I…
Whew!! 2007 – “That Was The Year That Was”. That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate. We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…
There’s something special about waking up here. Whether it’s the sweet scent of magnolia in the air, the sound of cicadas buzzing through the pines, or the promise of a peach-filled treat later in the day, life here moves at its own rhythm—equal parts charm and hustle. From the soulful hum of local music to…
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…
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
There’s just something about fall in Macon. The air gets a little cooler, the leaves start to change, and suddenly the calendar fills up with one fun event after another. If you’re looking for things to do this season, here are some of the best fall festivals happening around town. Ocmulgee Indigenous Celebration On September…
In this video financial expert, Jill Schlesinger shares how critical it is for homes entering the market to be priced appropriately in order to build adequate interest. The first three weeks of a home’s entrance on the market are the most critical for creating interest and attracting buyers, and buyers often dismiss a listing that is…
