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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      How Is Commercial Real Estate Valued?

      In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property.  Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…

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      Halloween in Macon

      Halloween in Macon, GA, is filled with spooky fun, from family-friendly festivals to eerie haunted attractions. Whether you’re looking for a night of trick-or-treating, live entertainment, or a good scare, Macon has something for everyone. Here are some of the top Halloween events happening this year. 1. Spirits in October at Riverside Cemetery One of…

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        Hospitality Real Estate Forecast 2008

        Change is coming, but the Hospitality Lodging Industry’s immediate future still looks bright. Lodging Outlook for 2008 Stressing that they foresee no recession in the immediate future, analysts at PFK Hospitality Research have taken a swing at what such a trough would look like, should the views of the industry pessimists prove correct. At first…

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          Things to Consider Before Listing Your Commercial Property

          When you get ready to sell your property, there are a number of things to consider before listing.  Who will market the property, how much to sell for, how and where to market the property, just to consider a few.  Selling a property is a time consuming and tedious project therefore, consider the following questions before…

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            The Commercial Real Estate Lease Agreement

            Whether you have or have not rented commercial space, there are several things you need to know. One, there is no standard lease agreement for all commercial properties. Typically, office, retail, and industrial properties have different leases and while there are some similarities they are also vastly different. Two, a commercial lease is a binding…

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