Posted by admin on May 11, 2009 under Good Info - Read It | 
It was pretty well publicized when just last month the John Hancock Tower in Boston sold for just over $660 million – when the previous owners paid over $1.3billion for it in 2006. Now more news of other premium classs A properties in major metro areas having similar fates, and investors are showing restraint at picking up these propertis at even half price: Read more of this article »
Tags: balloon note, cmbs, commercial real estate, daytona beach, finance, financing, flex space, invest, investment, lease, loan, mortgage, office space for sale, ownership, vacancy, warehousing
Posted by admin on May 4, 2009 under Good Info - Read It, by Tim Davis |
by Tim Davis
So you own a television and a computer – and every time you turn one or both of them on, they instantly spew forth ideas that you should sit tight and keep leasing space for your business. Vacancy rates are on the rise, rents are dropping, banks are foreclosing on properties, distress sales are on the rise still, etc, etc. Well maybe your computer doesn’t “spew” this info – but your fax machine probably does.
The basic point is in order to by in business, you have to have space to conduct that business. Like it or not, you unless you are drop shipping infant toys you sell on ebay, you most likely need a traditional space to operate your business. This could be an office, a retail store, or a manufacturing or industrial space for your going concern. Rent is expensive, possibly the most expensive piece of your overhead after labor and of course the cost of goods sold. While there are no guarantees and I certainly have no crystal ball here in my office, There is a good chance of you being able to recapture Read more of this article »
Posted by admin on April 6, 2009 under News Releases |
Kosher on wheels, purveyor of Kosher foods and cooking products has expanded its operation. Kosher On Wheels has now added a location in the Port Orange Industrial Park. The 3,000 SF location will primarily be used to service accounts in the northeast central Florida area, from Jacksonville to Brevard county, and eastward toward the East Orland area. Tim Davis acted as the sole leasing agent for this transaction. For more information on Kosher on Wheels, visit them on the web at Kosher On Wheels Read more of this article »
Posted by admin on under News Releases |
News Release -
Daytona Beach FL – Brambier’s Windows and Walls has added a new location in the greater Daytona Beach Area. They have finalized a lease of 4000 SF of industrial flex space in the Port Orange Industrial Park, located off of Samms Ave in Port Orange. Brambier’s has three locations, in North Miami Beach, Buford Georgia, and now a new larger location in the Daytona Beach Area. The lease was facilitated by Scott Harter of CBC Benchmark as the sole broker. For more information about space available in this complex, contact Scott Harter at sharter@cbcbenchmark.com. Find our more out Brambier’s at www.brambiers.com. Read more of this article »
