Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
Looking back at the remarkable year we’ve just enjoyed in Middle Georgia’s retail real estate market and ahead to 2007, I am going to make some projections. I have always said that key to the economy’s remaining positive is Consumer Spending. Everything I’ve read shows Consumer Spending slowing, but continuing in a positive vein for 2007….
Why are economists predicting that the economy will started coming back in the latter half of this year? Because, as I explain below, that’s when the cuts in interest rates and the fiscal stimuli will take hold and be reflected in our measurements of how the economy fares. I am already seeing a loosing up…
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…
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…
Are you an accidental landlord? If you have inherited a home from a relative or you moved out of your home into a different home and you want to rent it out rather than selling it, you are probably this type of landlord. We know it can seem like a big hassle to rent out…
Thanksgiving is a time to slow down, open your home, and gather with loved ones around the table. Whether you’re hosting in a spacious estate or a cozy condo, thoughtful planning and simple touches can transform your space into a warm, inviting retreat for the holiday. Plan Ahead for a Relaxed Day The secret to…
Own’er-ship n. – Of or belonging to oneself or itself. The one or ones belonging to oneself. To have or possess. To confess : acknowledge. own up. In my early adult life, a very wise dear friend once shared with me that no matter what road I chose to take in life to always take…
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…
Gardening in the summer can be both rewarding and challenging, especially in a climate like Georgia’s. With its hot, humid days and warm nights, Georgia’s summer presents unique conditions that can affect your garden’s health and productivity. Here are some tips to help your garden thrive during the summer months in the Peach State. 1….
