Part 3. : OUTLOOK
Though Savannah’s economy is projected to be a relatively flat in 2011, market activity and inquiries do hold promise for the future. Savannah Economic Development Authority’s new President and CEO, Steven Weathers, stated during a recent presentation that they have a healthy number of sizeable site searches considering our area.
Nationally, the primary coastal markets (New York, Boston, DC, San Francisco, San Diego, etc.) have seen the majority of improvements in commercial real estate. This has been caused by institutional buyers buying blue chip investment assets. Per a recent National Real Estate Investor survey, low interest rates and a surge in investor confidence should result in private investors becoming more active in secondary and tertiary markets like Savannah in 2011. Multi-family and hotel developments will garner the most attention nationally.
Rex Benton is Savannah Commercial Real Estate agent with NAI Savannah, the commercial division of Mopper-Stapen, Realtors and is a contributing columnist for "BiS-Business In Savannah" weekly business publication and is an active blogger: www.savannahcommercialrealestate.blogspot.com http://www.naisavannah.com/ 912-358-5600 Savannah Office Space, Savannah Retail Space, Savannah Industrial Space, Savannah Investment Real Estate
Though Savannah’s economy is projected to be a relatively flat in 2011, market activity and inquiries do hold promise for the future. Savannah Economic Development Authority’s new President and CEO, Steven Weathers, stated during a recent presentation that they have a healthy number of sizeable site searches considering our area.
Nationally, the primary coastal markets (New York, Boston, DC, San Francisco, San Diego, etc.) have seen the majority of improvements in commercial real estate. This has been caused by institutional buyers buying blue chip investment assets. Per a recent National Real Estate Investor survey, low interest rates and a surge in investor confidence should result in private investors becoming more active in secondary and tertiary markets like Savannah in 2011. Multi-family and hotel developments will garner the most attention nationally.
Rex Benton is Savannah Commercial Real Estate agent with NAI Savannah, the commercial division of Mopper-Stapen, Realtors and is a contributing columnist for "BiS-Business In Savannah" weekly business publication and is an active blogger: www.savannahcommercialrealestate.blogspot.com http://www.naisavannah.com/ 912-358-5600 Savannah Office Space, Savannah Retail Space, Savannah Industrial Space, Savannah Investment Real Estate
Interesting post! I wish i could start reading the part 1. Thanks!
ReplyDelete-pia-
it's all about good web page, arrange the content properly ........
ReplyDeleteIndustrial Space for Lease
Interesting post.. I'm glad i came across your blog..
ReplyDeleteI'm from West Loop Lofts and i appreciated your post.
Hi, thank you for your great post. I really appreciate the efforts you have put in your blog .It is interesting and helpful. Good luck with it!
ReplyDeletecondo Philippines
Owning a real estate property is a very good investment. Everything will depreciate as time goes by but not the price of real estate properties. Therefore it will be wise to start acquiring it.
ReplyDeleteThis is an interesting article. Im not sure how I came across a real estate article, but interesting read.
ReplyDeleteI will recommend anyone looking for Business loan to Le_Meridian they helped me with Four Million USD loan to startup my Quilting business and it's was fast When obtaining a loan from them it was surprising at how easy they were to work with. They can finance up to the amount of $500,000,000.000 (Five Hundred Million Dollars) in any region of the world as long as there 1.9% ROI can be guaranteed on the projects.The process was fast and secure. It was definitely a positive experience.Avoid scammers on here and contact Le_Meridian Funding Service On. lfdsloans@lemeridianfds.com / lfdsloans@outlook.com. WhatsApp...+ 19893943740. if you looking for business loan.
ReplyDelete