Commercial Real Estate News
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The U.S. industrial real estate market is booming. In fact, 2021 proved to be a record year.
In Q4 of 2021 alone, 89.7 million square feet of new industrial properties were produced, while 141.8 million square feet of space were acquired. And at the end of the year, there were still 467 million square feet of industrial space under construction.
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For the last ten years, the industrial real estate market has outperformed all other sectors of commercial real estate. Just in 2021, the industrial market earned a total return of 32.3%, more than double the next leading sector.
Are you prepared?
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When you consider where to buy commercial land, Columbus, Ohio may not be at the top of your list.
But by overlooking this large capital, you may be missing out on some amazing opportunities.
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Despite the looming threat of the COVID Omicron variant, plus the possibility of other variants to come, we anticipate a rather successful year for the commercial real estate (CRE) industry.
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Making just one of these major mistakes creates a slippery slope that’s hard to get off.
Here are five things NOT to do when searching for your next real estate investment property.
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If you’re in a location with rough winters, you know the major damage that can result from snow, ice, and freezing temperatures.
Are you prepared?