Currently I have been working on several purchase requirements and as I read a recent article from our Research Director I found it very relevant. In the article, Garrick Brown discusses some of what is happening in the investment markets. I would agree that investors are both looking for yield but they are also still very adverse to risk. This is still creating a lot of demand for core assets. If you are willing to take risk then you’ll look outside of the core to increase your yield but if you are not willing to take risk then it can be difficult to achieve an acceptable return. For a good read on some current trends in the investment market, read the enclosed article on Searching for Yield…
On Friday December 14th, Cassidy Turley released research examining the impending “fiscal cliff’s” impact on commercial real estate markets across the country. In this post, the fiscal cliff is defined and several scenarios are discussed. We also take our market research platform and discuss the impact to 30 different markets across the country. You can download the report by following the link or you can read the summary in this post. As always, let me know if you have any questions or comments.
You meet with your commercial real estate broker or talk on the phone and he gives you a market report for your area. Why? Isn’t it his job to know all those rent, vacancy and absorption numbers? Why should you care? The answers are important for your current and future business and may help you make business decisions aside from real estate.
Annually we produce a Commercial Real Estate Overview of Northern California. For the last two years we have published this in an e-book format. Click on “Read Full Story” and then the book in this post for the latest economic information for the Tri-Valley. National market data is also available.