My New Blog

For all the bad press that is being circulated Prudential Commercial is experiencing a surge in activity.  It's mostly occurring in the "User" market and more leasing than sales. 

Prices on leases seem to be firming up.  I just did a gross lease at $17 per sq ft for very nicely built out medical space.  That equates to about a $14 base amount but that is (in my opinion) $2 higher than several months ago.

With sales, the problem is still financing but if you're a user of the property we do find there is financing available in fact some of it very attractive such as the SBA. 

Prices are still low, unemployment down (a bit), and manufacturing up, is now the time to buy?  I know the owners I represent are facing the realities of the market and pricing accordingly.  Looking for commercial real estate sales or leasing in Daytona, Ormond, or Port Orange, give me a call, Claude Gardner, 386 846 4135