Connecting Commercial Real Estate™
An interesting question, yes! Don’t get your hopes up though; unfortunately it most likely won’t be possible…again! I’d like to remind you that in 2009, $583,000 was the price paid by Triple Properties for the Pontiac Silverdome. The Silverdome seats 80,000 people in the comfort of a domed stadium and sits on approximately 127 acres. […]
A comprehensive set of Investment Market Reports for over 60 markets, including Chicago, New York and Los Angeles are now available on LoopNet. Each report covers Office, Industrial, Retail and Multifamily transactions of $2.5 million and above. These Investment Market Reports serve as an excellent tool for analyzing current market trends and evaluating potential investments. […]
As the commercial real estate industry slowly churns along the bottom of the current cycle, LoopNet members offer mixed perspectives on the market’s near-term future. According to the results of our latest LoopNet Pulse Poll, completed by 1500 LoopNet members in January, just under half of LoopNet members expect a recovery in transaction volumes in […]
In 2005, I wrote an article entitled “the Art of Pricing a Deal.” At that time, I stated the risks of overpricing a commercial property were that it ultimately led to a lower sales price and a loss of valuable time. Today, I have heard several theories that a property listing should be priced at […]
