Finally there seems to be some indication that buyers and tenants are back in the marketplace. This is evidenced by the great month of May that my peers at Grubb & Ellis Company, Ontario and I just had, closing over 50 deals in 30 days. Needless to say we have not seen that kind of activity in many, many months. This certainly does not mean that the market is rebounding, in fact a lot of these deals took place at numbers that set a new low comp, but these comps help establish a realistic value that has been so hard to determine (or for many, just admit.)
Smart business owners will recognize that the next 6-18 months may represent one of the best opportunities in commercial real estate in years, especially as if activity continues at all like this.
About Me
- Mitch Fisher
- Ontario, California, United States
- I have been selling and leasing industrial properties, land and investment properties since 1998. I have closed hundreds of transactions representing buyers, sellers, lessee's and lessor's. I have all of the contacts you need to make buying, selling or leasing an industrial building easy like lenders, contractors, movers, staffing, material handling and more. Specialties Include: Distribution Centers, Manufacturing Buildings, Rail Served Buildings Including Union Pacific & BNSF. Food Production and Cold Storage Buildings, Hazardous Materials Properties with H Rated Rooms. Cross -Docks and Trucking Terminals. Vacant Land, Property Valuations Call me now at: 909-974-4054
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