Despite the frigid cold, now is the perfect time to consider listing commercial real estate for sale or lease
As I sit here at home on this very cold winter day, taking a break from wrapping my frozen pipes with heat tape in the cellar of my Civil War period farmhouse, I think about all the things I have planned out for when the weather finally brings some warmth to Frederick County.
I also realize that I am not the only one who is anxious for the arrival of spring.
In the world of business and investment real estate, many find themselves in the chilly months of the new year evaluating the performance of their businesses and investment properties. From that process many a decision is made to dispose of or expand commercial real estate holdings.
At some point it is time to put those plans into action.
The question is when. How about now?
I liken it to the groundhog poking its head out of its burrow on a cold early February morning (or for that matter like me stepping out of my cellar), asking, “Is now the time?”
Traditionally execution of residential real estate decisions happen in the spring when the yard starts to show its luster.
Taking action on commercial real estate sales and leasing plans by businesses and investors is much different. All too often plans are based upon contracts gained or lost, leases that are due to expire or the receipt of year end reports and projected forecasts.
No matter how sophisticated or unsophisticated one does his or her planning, sometimes it is best to seek the advice of a real estate professional.
Experience has shown me that we at MacRo, Ltd. receive more calls between early November and the end of February than most other times of the year from new and past clients who wish to sell or lease properties.
Most seek advice and guidance on the state of the current market and/or the marketability of the property that they plan to sell or lease.
After being engaged in the land and commercial real estate business for over 40 years, my staff and I are very fortunate to have earned the trust of hundreds of property owners throughout the region.
For new clients our initial meeting is also a vetting of sorts to find out if we are the right team for the job to market their property. Most find that our consultative approach in providing sales and leasing services is what makes the difference in getting the job done in a very timely manner.
If you are thinking about putting your plans into action, go ahead and step outside … Yes, it is cold … but if you see your shadow, please don’t retreat back into your burrow, give us a call.
This is the perfect time to start executing your 2014 plans.
The author: Rocky Mackintosh, President, MacRo, Ltd., a Land and Commercial Real Estate firm based in Frederick, Maryland. He served as a member of the Frederick County Charter Board from 2010 to 2012. Many of his articles also appear in TheTentacle.com