The first half of 2010 has been filled with optimism compared to the challenges we all faced in the commercial and industrial real estate market in 2009.
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It seems fitting that my first official column for the new PBJ Online is a follow up to the column I wrote in February for PBJ’s final print edition [published online when PBJ re-launched]. The topic of that column was how regulatory processes that are clearly out of control are…
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Commercial real estate market starts to perk up
By Paul Davidson, USA TODAY published 4/20/10
The darkest cloud over the economic recovery — the troubled commercial real estate market — may be clearing a bit.
Prices of commercial property are up slightly compared with last fall. Loan modifications have risen sharply the past…
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Michael Baxter & Associates Commercial Real Estate & Property Management is proud to announce Brian K. Coyne as Director of Marketing. This newly created position is responsible for all aspects of advertising, marketing, promotion and public relations for the company.
Brian has been with the firm as a Commercial Advisor for…
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Michael Baxter & Associates Commercial Real Estate & Property Management will present a seminar to sellers on selling strategies in a shifting market. Topics include our marketing strategies, lead generated tracking system, some successful merchandising techniques, and profiling today’s buyer. At the conclusion of the presentation, sellers will be given the opportunity to fill out a feedback form regarding his/her property.
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Michael Baxter & Associates Commercial Real Estate & Property Management has listed for sale the former Pocono Record printing plant on Route 715 in Pocono Township.
The 25,454 square foot industrial building is situated on 18.96 acres. The property is located on Route 715 just off Interstate 80. Possible uses…
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Michael C. Baxter has joined the team of experienced Commercial Advisors at Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A). He obtained his Pennsylvania real estate license three years ago.
Michael recently graduated from Cornell University with a Bachelor of Arts in government. Last summer, he supported Robert…
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Of course there is. There always is.
There are numerous investors who lined their pockets with that silver the last time our real estate market experienced a significant “correction” back in the early 90’s. They had the foresight to understand that the declining market also created opportunities.
There may be even…
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Written by Robert J. Starrett, CRB
There is no doubt that the shift in the national economy is slowly trickling down and impacting local commercial real estate values. Overall, the uncertainty of the financial world and the perception of personal wealth and well-being have created a less optimistic view…
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Written by Brian K. Coyne, Commercial Advisor
Seems everywhere you turn these days something is being touted as “green”. The green they’re referring to is being ecologically or environmentally friendly. However, the other side of this story is also green, as in cash money.
Substantially higher construction costs are no longer…
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Written by George Vlamis, Commercial Advisor
Smart investors are eyeing today’s real estate market as a potentially lucrative venture — prices are down and mortgage rates are low, so there are some real deals on the market. But if you’re looking to capitalize on the down economy by buying property…
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Michael Baxter of Michael Baxter & Associates Commercial Real Estate & Property Management has been appointed to the Monroe County Industrial Development Authority. Michael will serve on the board with a term ending on December 31, 2013.
Monroe County Industrial Development Authority is a non-profit economic development corporation dedicated to…
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by Daniel M. Perich, CCIM
If you’ve paid any attention to the news media lately you’d think we’re in a financial downward spiral unlike anything ever seen. Part of the cause, they report, is that banks are not loaning any money right now, which is clogging up everything from real…
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Joseph Baxter, Brian Coyne and George Vlamis of Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) successfully completed Class #102 of the CCIM course. Of the fifteen required credits, Joseph and George have completed nine credits while Brian has fulfilled six credits.
Michael J. Baxter, CCIM, Broker/Owner of…
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Robert J. Starrett, Associate Broker, CRB of Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) brokered the sale of a 17,000 square foot commercial trucking distribution site in Mount Pocono.
With over 30 years of real estate experience, Starrett handled both sides of the transaction to close the…
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Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) has been engaged to lease space in the Stroud Mall. This is the first time the Stroud Mall has used an outside real estate firm to lease space at the mall.
Michael J. Baxter, President, CCIM, comments, “We are…
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Robert Starrett, CRB, Associate Broker and Christina Graver, Marketing Coordinator of Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) were presented with the third-annual “Tammy Miller Memorial Team Player” award at MB&A’s annual holiday celebration. The award is in remembrance of Tammy Miller, the company’s former Marketing…
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Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) announced Daniel Perich, CCIM, Associate Broker as the 2008 Top Producer. This is Dan’s fifth year in a row receiving this award.
“Even in this tough market, Dan still reached $10 million in sales,” says MB&A Broker/Owner Michael Baxter, CCIM.…
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Robert J. Starrett, CRB, Associate Broker has been appointed to the Pocono Mountain Association of REALTORS® Professional Standards Committee for 2009. The committee promotes awareness and education about the REALTOR® Code of Ethics.
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Read the January Issue of Robert J. Starrett’s “Commercial Corner” newsletter.
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Robert J. Starrett, CRB, of Michael Baxter & Associates Commercial Real Estate & Property Management has been reappointed to the CI&E Committee of the Pennsylvania Association of REALTORS.
The CI&I (Commercial, Industrial & Investment) Committee furthers the interest of the members specializing in commercial, industrial and investment properties through educational conferences…
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Everyone’s heard the age-old adage “buy low, sell high.” It’s the mantra of all successful investors, whether it is in real estate, stocks or other investment vehicles. It’s an incredibly simple statement and quite true, yet extremely complex when attempting to put into practice. Until now.
If ever…
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As a commercial real estate professional, I specialize in different types of investment properties. Some of the investment properties we handle in our firm include income producing commercial property and residential property with two or more units.
There are generally two types of investors we work with. The first type…
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Michael J. Baxter, CCIM owner/broker of Michael Baxter & Associates Commercial Real Estate & Property Management (MB&A) was honored with the 2008 Businessperson of the Year award at the Greater Pocono Chamber of Commerce annual banquet. The banquet, which was held on Wednesday, November 5th at Stroudsmoor Country Inn, acknowledged…
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The military has a saying…Know your enemy! Well they may not really be our enemy but sometimes it’s hard to tell. I’m talking about commercial lenders. To be successful we need to know how they think and consequently how to structure a sale that they will finance. Here’s a little…
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Land development in today’s market has become more complex than ever before. The municipalities are becoming stricter with the requirements needed for the land development process. Things like NPDES, Storm Water Run Off, Highway Occupancy Permits, Wet Land Delineation, the newly adopted building codes – to name a few -…
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I recently read a book confirming what I have known for quite some time; owning income producing real estate is critical to building wealth.
Get Rich, Stay Rich, Pass It On written by Catherine McBreen and George Walper Jr. is an in-depth study into the investment habits of the wealthiest people…
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Well, 2008 has been a wild ride! It has been a virtual roller coaster for both the real estate and financial markets and now we are faced with more questions about the impact the new administration will have on the overall economic picture. The rarity of one political party having…
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