By all accounts, Fickling & Company’s Year End Review & Forecast was a smashing success. We have been overwhelmed with positive feedback. The panelists did a superb job answering questions and explaining their views on real estate trends and the current market. Attendees left with a better understanding of the Middle Georgia real estate market. …
Change is never easy, particularly if stuck in the same old routine. This year, Fickling & Company’s management department has undergone change. In efforts of becoming a more successful management department, it is essential to build an excellent and reliable reputation with our clients and customers. Keeping pace with deadlines is no easy task, and…
Being Fickling & Company’s newest addition, I am proud to join in on enhancing the company’s success. It is a great pleasure to be with a company that has been around for such a long time and is highly reputable with continuous growth. I bring to the company over 18 years of hospitality industry experience in…
As I wrote in my previous article, 2006 was the year of the private investor. Will 2007 be another year for the private investor? Equity funds and institutions have recently surpassed investments from private investors. This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand. But…
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 &…
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…
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…
The second quarter of 2006 ended with total available Industrial Property inventory up significantly, as predicted. The official closing of the Brown & Williamson Tobacco plant added over 2 million square feet to the market, to bring the total vacant to over 4 million square feet. However, the high available inventory is primarily attributed to large…
As the first quarter of 2007 comes to an end, we see the volume of leases and sales increased over the first quarter of 2006. Due to a sharp increase in supply, the vacancy rate has risen since the first of the year in the small office and retail market. Several new strip centers and…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
