Thanks to Steve Rosansky, a tax and 1031 exchange specialist attorney in Southern California, for bringing this to our attention. This post is more for my Central and Northern California [...]
Randyl Drummer from CoStar News reports that office space absorption doubled in 2011. Vacancies declined in nearly 2/3rds of the markets as the office using job base has expanded. Existing [...]
Positive net absorption has continued for the last eight consecutive quarters. The first half of the year was strong then third quarter weakened due to the uncertainly caused by the U.S. debt [...]
Columbus and Central Ohio had 19,956 single-family and condo home sales during the year 2011. There were 19,700 residential home sales in 2010. 2011 was only 1.3 percent behind 2010 according to [...]
This came up twice this morning while talking with clients so I thought maybe I should try to bring a little clarity to this again since it’s about 50 posts back. Under IRS Section 1031, cash or [...]
DQ News reported that 19,247 new and resale homes sold last month. That was up for December from November by 14% but down 1.4% from December 2010. Normally, sales are up from November to [...]
CoStar’s monthly National Composite Index of Commercial Real Estate increased for the seventh consecutive month in November 2011. I know its January 19, 2012, but it takes them around 45 days to [...]
America’s largest retail trade organization forecasts a healthy 3.4% growth for 2012. That’s below the 4.7% of 2011, but the rate of growth for 2012 is sustainable at least until the next bust [...]
I think 2012 will be a considerably better year for commercial real estate and an improved year for single family residential. I’m working with out of state retail buyers looking for out of [...]
This is old news that this was coming given what the banking industry has been through over the last 3 ½ years. However, since I have several clients looking at buying bank branches with some of [...]
Even the the office market is picking up around Columbus and Central Ohio with a positive absorption of 303,207 square feet for the fourth quarter of 2011. Major tenants leasing space last year [...]
According to Randyl Drummer at CoStar News, non residential commercial construction posted a 4.5% gain in November over same month last year. All segments showed solid gains. Residential [...]
Owners and potential sellers – we have a need for single tenant, triple net NNN leased or better yet, absolute net, long corporate leased retail. We have 1031 exchange uplegs and we need [...]
According to Roger Vincent with the LA Times. “As 2011 came to a close, some commercial real estate experts found promising signs in often troubled markets.” I agree, but that’s quite an [...]
International Retailer seeks Central Ohio franchisee for entire Columbus MSA. They are not interested in individual store franchisees, but a franchisee for entire market on an exclusive basis. [...]
Since this should be much stronger year for retail I thought this would be of interest to a few folks considering a franchise. There were 13,725 new units added and a 16 percent growth over 2010 [...]
The Ohio EPA has agreed not to impede the redevopment of the 6 ½ acre second site of the plan at Kingsdale Shopping Center at 1760 – 1800 Zollinger Road in Upper Arlington. The site is the home [...]