Bibb County Apartment Market Update Q2 2009

    The Bibb County apartment market continued to be active in 2008 and the first quarter of 2009, albeit considerably slower than 2007.  The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans.  The loan to value dropped to 75-80% and actual NOI was used to arrive at the value…

    Read More

      Warner Robins Commercial Real Estate Market

      With nearly $18 million dollars worth of commercial building permits for the first quarter of 2008, Houston County keeps growing.  Highlights include the new Publix shopping center on the Perry Parkway and a new hotel on Fairview Drive in Perry. After more than a decade of planning the I-75 Frontage Road connecting Watson Boulevard and…

      Read More

        Industrial Property Market in Macon Q3 2006

        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…

        Read More

          Commercial Real Estate Investing and Aquisitions

          It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing.  Besides rising energy prices, inflation has been tamed for the time being.  Employment statistics still look good, but wage increases for most workers have been almost non-existent.  The Ten Year U.S….

          Read More

            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…

            Read More