The Costs Of Going Green In Commercial Real Estate

    In the late seventies, General Motors introduced a revolutionary electric vehicle designed to address high oil prices and long gas lines.  Unfortunately, battery system problems prompted GM to abruptly scrap the program.  GM bought back vehicles from customers, cleared dealer lots and ran the fleet through the crusher. Thus ended the immediate promise of alternative…

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      Baldwin, Greene, Morgan & Putnam Real Estate Market

      Baldwin County, Milledgeville GCSU opened 150,000 sq ft Library and Information Center GCSU opened another 300+ beds in a new residence hall to keep up with enrollment Barberitos and Velvet Elvis Restaurants opened downtown Pizza Hut, Wing Street, Long Johns Silver’s and A&W Rootbeer will open in December International House of Pancackes opened at the Super…

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        Is Now A Good Time To Buy Commercial Real Estate?

        2008 is a great time to BUY Real Estate because some investors as well as some banks are overleveraged. Over the last few years many investors in the commercial real estate market are feeling the same payment problems as residential homeowners.  They have bought their commercial investments and because of the increase in interest rates,…

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          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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            Multi-Family Property Management Outlook 2007

            Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties.  We have consistently outperformed the market, with occupancies averaging 95% or greater.  Market rents have also…

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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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