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Apr 15
If you are a land holder/speculator or simply a property owner that somehow ended up with some extra land, then consider selling it at the top of the market.   As vacancy with existing buildings continues to decrease, demand for well located land continues to heat up. The demand to buy land to build a building can be very random.   The project may not always fit the land site, so be careful about what you turn down, if you are given an offer. You may end up holding the... + read more
Oct 17
From 2008 to 2017, office vacancy increased significantly as business shrank and mobile technology improved making it possible to work anywhere.Hospital systems gobbled up individual medical practices,  individual insurance agents changed to online offerings and banks are still shrinking physical locations, just to name a few additional causes.In 2018, the office market continues to tighten up as the companies grow and new businesses start. It is a very good time to plan where you... + read more
Aug 31
Recently we marketed a vacant industrial building in Medina for lease or sale.  It was an older building, but well maintained.  We believed, based on market comps, that it was worth around $850,000.  We were able to lease it to a national credit tenant for eight years with options to renew.  Upon adding some tenant improvements, the occupied building is now worth almost double the original estimated value.The point here is, there are two ways to purchase industrial real... + read more

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