- It's a Small World
"I'm lucky,&rdquo says Lynn Mitchell, CCIM. &ldquo I live in one of the most beautiful places on earth, and I still get to do business. Mitchell owns Mitchell Realty Group in Ellijay, Ga., a town about an hour north of
- On the Edge
Commercial real estate professionals searching for land opportunities are finding that the grass is greener on the periphery of major metropolitan areas. Towns such as Minooka, Ill., and Surprise, Ariz., may not be household names, but demand is rising in
- Playing the Small Market Game
Working in small markets poses many challenges, but perhaps the greatest obstacle to overcome is thinking big about marketing and building your commercial real estate business. The number of brokers competing for the same clients is compounded by the fact
- Main Street Marketing
Matt Redd, CCIM, owner of Redd Properties in Lake Charles Sulphur, La., doesn't remember what sparked the idea for his company's trademark marketing strategy, but the effect on his small town market has been unforgettable. "It keeps our company's name
- Minor Markets, Major Gains?
Communities such as Des Moines, Iowa, Durango, Colo., and many lesser known cities in between are bursting with commercial real estate investment activity as national buyers turn to small markets in hopes of finding big returns. In most major metropolitan
- Smart Moves in Small Towns
As the economy revs up, many small towns fear being left in the dust of retreating businesses and citizens looking for opportunities in larger cities. They also face dual demons as big box retailers abandon their cavernous stores and nearby
- Big Deals in Small Markets
As prices climb ever higher in primary markets, commercial real estate investors are making their way to non core markets in search of better returns. While second tier cities such as Austin, Texas, and Pittsburgh predictably dominate, even small towns
- Tertiary Markets
Investors explore various opportunities in search of higher ROI.
Mirroring national trends, commercial real estate professionals in diverse local U.S. markets are experiencing strong interest, especially from out-of-state investors. Their biggest problem isn't demand, it's supply.
“The biggest challenge i
- A Game of Risk
Every real estate professional is well aware that commercial real estate is making a comeback. Even during the depth of the recession, the market of 2009 presented a great deal of opportunity for investors and lenders. Many of
- Small Cities, Big Demand
While coworking spaces in secondary and tertiary markets haven’t exploded, several factors point to these markets offering an additional growth frontier.