Multi-family Real Estate Market Review 2008

    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…

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      Industrial Real Estate Market 2006, A Look Back

      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…

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        Commercial Real Estate Forecast 2008

        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…

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        Fickling & Company Broker Receives Ambassador of the Year Award

        The Greater Macon Chamber of Commerce and the Macon Economic Development Commission (MEDC) hosted their 155th Annual Meeting on Thursday, December 3rd at Middle Georgia State University. During the meeting Patty Burns, a broker with Fickling & Company, received the Ambassador of the Year Award.  The Ambassadors Committee maintains and enhances a membership retention program…

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