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Blogs

Current Commercial Real Estate Market

Advantages of Non-Residential Commercial Property

Monday, February 03

Residential property is a great way to build long term wealth. Commercial residential is a great way to build long term wealth. I think another great way, but often less discussed way is commercial (business occupied) property such as industrial, office, and retail space. All three areas again ar...

1/6/2020 Commercial Property Update

Monday, January 06

Minnesota - Demand for Apartments continues to growLos Angeles - Olympic Printing Press purchased for $241M, doubling previous sale price of $120M in 2016 --> Industrial property continuing to boomAtlanta - lands a $100M Distribution Operation Deal Berkeley, Calif. - Plans for an 18 story apt....

Industrial Property Market

Thursday, December 26

As we come to the end of Q4, it's a good time to reflect upon the past year of industrial market conditions. 1) Vacancy rates have dropped and continue to remain well below historical averages at 7.8%. 2) 1.42 million sf was absorbed through July of 2019. 3) 1.8 million sf is under current constr...