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 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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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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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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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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