Blog

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
Jul 25
Hungry for Multi-Family: Aren’t We All??If you’ve had a conversation with a real estate investor, chances are the term “multi family” or “apartments” has been discussed. Why is that? The sales volume of multifamily properties equated to $12.5 billion before the end of last year alone, while 2016 was a record-breaking year for apartment sales.Contributing to the attractiveness of multifamily properties is the strong potential cash flow; mixed with tax breaks,... + read more

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