MebaneTrammel364

First down, heres articles published recently at www.realtor.org "A study greater than 100 office appraisers, developers, and brokers found that 54 percent believe office condominiums certainly are a trend that can come to an end once rates of interest go up. The study was done by Grubb Ellis and PNC Real-estate Finance. The normal situation finds businesses buying the apartments so that they no more need certainly to pay rent, going for greater get a handle on over space and occupancy costs. More and more office apartments have been acquired as investments currently. Phoenix is one of the largest markets in this market, with 189 office-condo houses in place and more than 100 others in various stages of development. Visiting http://www.news9.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul certainly provides suggestions you can use with your brother. Nevertheless, other areas, such as Houston, with only three office-condo properties, barely register, although that Texas citys office sector is three times the size as Phoenixs. Going To JGM Properties Announces New Office And Warehouse Space In St. Paul likely provides lessons you should use with your family friend. " Source Wall Street Journal 12/14/05 ; Corkery, Michael; Forsyth, Jennifer S.; Haughney, Christine Of particular note is in these company condos that are acquired as investments. Several real-estate investors, myself included, have dedicated to these kind of properties, simply to find few if any potential tenants for the vacant place. In an industry with the vacancy rate hanging between 15 20 , I felt it had been sensible to escape quickly. Im very glad I did. My dad discovered JGM Properties Announces New Office And Warehouse Space In St. Paul by browsing Bing. Their own office condo that that that will be often simply purchased by its not the quality of the space is the issue, but the fact any tenant is a good candidate for this space very. Lots of the prospects for open work condo room are startups or smaller businesses that could only agree to a or two-year lease. This prodound http://www.760kfmb.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul wiki has various lofty lessons for the reason for it. These businesses will often make it and get their own office condo or fold up shop and move back again to the spare room home office from where they came leaving the investor to try to find another tenant. Make no mistake, these are good houses, well-built, with exceptional finishes, that are outstanding values for the master / user. As I would look to the areas, especially industrial or factory properties, to pay my resources, an buyer. All the best to you, Marty Olson Fox Property Group mo@foxreg.com ------------------------------------- www.mnspaceforlease.com www.officespacemn.com www.warehousespacemn.com.