Bull Realty brokered the sale of a 163,000 SF industrial manufacturing and distribution warehouse on 20 acres in Peachtree City, GA. The sale closed on June 1st for $9 million. The building is 100% occupied by Wencor Group, an aviation solutions company.…
Read more »“When you’re finished changing, you’re finished,” said Ben Franklin. Certainly, he wasn’t referring to retail real estate today, but the famous quote seems to apply. The consensus among the informed is that there is no retail apocalypse, despite alarmist…
Read more »Nationally, the office expansion remains balanced due to a healthy job market and rent growth performance for certain metros. “The gap between office markets that are thriving and those that are not widened in the quarter as 41 metros saw an increase in …
Read more »In typical first quarter fashion, activity for multifamily was low. “Net absorptions and new completions are lowest quarterly levels in three years,” according to REIS’ Q1 2018 Preliminary Apartment Trends report. U.S. net absorption was 27,875 units in …
Read more »Recently on America’s Commercial Real Estate Show, “Frothy Market or Beginning of A Golden Age,” I spoke with real estate leaders from PwC to determine what’s really going on in the market. Specifically, my guests were Tim Bodner, Managing Director and B…
Read more »At year-end 2017, the office sector kept the slow but steady pace for which this expansion is notorious. The quarterly numbers were especially “lackluster” but “noteworthy,” according to REIS’ Q4 2017 Preliminary Office Trends report since “…the fourth q…
Read more »The reality of retail may be more stable than it seems. Recently, on America’s Commercial Real Estate Show, REIS economist Barbara Denham, said their numbers actually defy what the media has been saying about retail. While the national vacancy rate is…
Read more »The deluge of new supply has finally had an ever-so-slight impact on multifamily vacancy rates. The national vacancy rate increased 10 basis points for the second quarter in a row to 4.5%, a 30-basis point increase year-over-year, according to REIS’ Q4 2…
Read more »Leaders from Deloitte, PwC and Ernst & Young recently joined host Michael Bull on America's Commercial Real Estate Show to discuss the impact of The Tax Cuts & Jobs Act that was passed in December 2017. Specifically, Michael spoke with Mark Van Deusen…
Read more »If Black Friday is any indication, consumers are out and about and spending this year. “The holiday shopping weekend, Thanksgiving through Cyber Monday, topped Forrester's originally estimated growth of 12% and landed somewhere upwards of 16% from last y…
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