After only 5 agricultural land sales over 100 acres in 2019, a rebound in activity appears to be in store for 2020.
This year marks my 10th year in the commercial real estate industry and my 5th year here at MacRo. While I learned a lot during my first five years in the DC market, it’s truly been my last five years in Frederick that have taught me the most.
Let’s talk numbers!
Multifamily and Downtown Mixed-Use properties dominate the product type sold, with the Anson Smith downtown mixed-use portfolio capturing 25% of the number of transactions … and why Springsteen?
It is said that time is money, and when selling developable real estate, taking the risk of giving a buyer time can lead to a higher sales price…or nothing at all.
While overall lease activity in the first 6 months of this year is well below averages, the square feet of office space is the highest in 3 years during the same periods.
Insights for commercial building owners and landowners.
Buying land might seem simple, but it can be complicated by things not easily seen…
What lasting effects will the 2020 pandemic have on the office space environment? Will companies begin the process of downsizing from traditional space needs in favor of the conveniences of having most employees work from home?
Like us humans, nothing is static … not even a solid building that appeared like it would last forever.