Construction of new retail development continues to grow in the Macon and Warner Robins area. Thanks to strong demographics, new stores are focusing on north Macon and southwest Warner Robins. Both Macon and Warner Robins continue to expand their retail markets to new locations outside existing retail corridors. Warner Robins is seeing growth on South…
Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well? Well, most insiders don’t believe it is a direct result of the sub-prime hangover. They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…
Girl Scout Cookies are a beloved tradition for many, but have you ever stopped to think about how they started? What began as a small fundraiser over 100 years ago has grown into a nationwide event, bringing sweet treats to millions while supporting a bigger cause. The first Girl Scout Cookies were sold in 1917…
The second quarter of 2007 ended with total available inventory stable as predicted. However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated. The preferred space seems to be Class A with 1000 sf of office…
If this is your first experience renting out a home, you may be wondering where to start. We’re here to tell you where to start and what comes next.
Fickling & Company is happy to announce that we were voted, “2016 Best of the Best Commercial Real Estate Brokerage.” Fickling & Company provides commercial real estate services in Macon Georgia, Warner Robins Georgia, and the entire southeast. We offer professional commercial real estate consulting to buyers and sellers, commercial property sales, and commercial property…
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 Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value. The demand for apartment complexes, especially…
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…
Tenant turnover periods can be stressful for both landlords and tenants, but they don’t have to be. When you put together an organized, automated, and well-documented process, you can expect to start and end the tenancy on a positive note. Remember that tenant communication is critical, especially when they’re moving into the property and preparing…
