Commercial Real Estate Recovering Fast

Posted April 18, 2011

In California, Columbus, Commercial, investing, Los Angeles, Ohio, Retail

And now, back to the news: NAR reports that the commercial real estate market is recovering far faster than many of us thought it would. I’ve sure seen antidotal evidence of this. I have many Southern California buyers looking for decent returns by going out of state. Since they will be hundreds if not thousands of miles from their properties, they cannot be engaged in the day to day management so what we like is new or newer, national credit, single tenant, single parcel if possible, triple net absolute retail. Couple those requirements with the lack of new construction over the last 2 ½ years so when something comes up that’s a fit, they have but a few days to jump or it’s in contract. I’m commonly seeing multiple offers and product selling for over asking so – here we go again.

Realtor.org – CRE Market Recovery quickly

Triple Net Retail

Commercial realtor

Commercial real estate with a focus on out-of-state investment property for my Southern California investors. My clients are Southern California local buyers looking for a return far better than what is available around here and that generally means out-of-state. We have expert property management, legal, and contracting services available.