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…
Investing in a rental property can be risky, and when you own a Warner Robins rental property, one of your main priorities is to protect it.
The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank. In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance. That is, even though the property has been sold to…
Despite the softening economy and turmoil in the capital markets, investors continue to have confidence in the U.S. commercial real estate industry. In a survey showing that one in five investors expect the economy to be stronger in 2008, the majority still want to invest more funds into commercial real estate. Concerns about financing will…
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…
Fickling & Company is a full-service property management company in Macon and the surrounding areas. We’re committed to providing excellent real estate services to our community, and we’re especially interested in helping our clients do more with their investments. With our help, both owners and tenants can have a pleasant and successful rental experience. When…
Owning a home offers numerous advantages over renting, making it a desirable goal for many. Here are several key benefits: Financial Benefits Equity Building: One of the most significant financial advantages of owning a home is the ability to build equity. As you make mortgage payments, you increase your ownership stake in the property. This…
Get ready to celebrate America’s birthday in style! The 4th of July is right around the corner, and communities across the country are gearing up for a day filled with patriotic fun, family-friendly activities, and unforgettable fireworks displays. Whether you’re looking for a laid-back picnic in the park, a lively parade, or a night sky…
As the real estate market in this region continues to grow and boom, businesses — both major corporations and small start up companies — may begin to question whether they should lease or purchase property for their business to locate. The question is a valid one and the answer is simple – both! At some…
