CRE Highlight Of The Week

Danielle Baird of Coldwell Banker Commercial emailed us to share some exciting and positive news regarding commercial real estate in the High Desert. The CBC team of agents worked swiftly and successfully to contribute to the growth of their area, and as an example the team was able sell a building in a mere 35 days!

Chris Lamoreaux of CBC writes:

Victorville, CA – With bank owned properties entering the market more frequently, Coldwell Banker Commercial’s Office and Industrial Team, Walt and Janette Wehrmann have successfully completed another transaction. Representing the seller of a six-unit office building in Victorville, Broker Associate Walt Wehrmann, and Senior Sales Associate, Janette Wehrmann, worked diligently to market and sell the unique property, generating several offers.

Read the entire press release here:
The Wehrmann Team Sells Victorville Office Building in 35 Days

'Tis the Season!

Here at PL, we like to give something back to our clients around this time of year, so here goes...

Buy a single state, multi-state, or national send and we'll create a free Spotlight Ad for your property FREE.  It will stay up until December 29, 2011 at no cost to you other than your eMarket purchase.

Make your Spotlight ad do the marketing for you while you relax and celebrate the upcoming holidays.

Call us to get the process going:  888.889.1063.  Or email busdev@propertyline.com anytime.

Happy holidays everyone!

Kelly-Marie Norris
Director

Commercial Real Estate Deal Activity Surpass Expectations

Carisa Chappell writes for REIT.com:

Despite the ongoing economic malaise, commercial real estate deal activity has actually surpassed expectations, according to Vick Seth, managing director with Raymond James & Assoc.

Source: REIT.com

Time Lapse View of Earth from Space

It's that time of the week again for another episode of PL Mental Health Break...

Time lapse sequences of photographs taken by Ron Garan, Satoshi Furukawa and the crew of expeditions 28 & 29 onboard the International Space Station from August to October, 2011, who to my knowledge shot these pictures at an altitude of around 350 km. All credit goes to them.

Earth | Time Lapse View from Space, Fly Over | NASA, ISS from Michael König on Vimeo.

CRE Due Diligence

Due diligence prepares anyone for numerous things, your commercial real estate deals included. Chris Moon writes for Orlando Business Journal: Successful commercial real estate deals begin with a lot of homework.

Failing to do your homework before showing up at the negotiating table is what dooms a lot of deals, said one national real estate expert.

Read the article here.

Here's to remembering all the people who served our country on Veterans Day. Have a great weekend everyone!

Don't Panic CRE!

Robert Carr writes for GlobeSt.com:

"Property isn’t dead. Hot markets today include apartments, technology clusters such as San Francisco and Silicon Valley, areas with oil and gas reserves and of course the core markets of Washington, DC and New York, with Boston and Houston seen as up-and-comers."

Read the special report: Don’t Panic! The 2012 Real Estate Guide

Rubenstein on NYC Commercial Real Estate

Via The Washington Post with Bloomberg: Keith Rubenstein of Somerset Partners talks about New York City's commercial real estate market. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)


Click here to see original post.

This Week: COX Maintenance

Just a quick update and reminder for Property Line members: COX Communications gave us notice that they are scheduling a downtime on November 3, 2011. As we all know, any downtime, maintenance or otherwise is a potential extended outage waiting to happen. So rather than risk it, we are going to be pro-active and avoid sending out eMarket blasts around this time. This minimizes the chances of having send fails or delayed eMarket sends. We apologize if this is an inconvenience to you and if you have any questions or concerns, please feel free to contact us at 1.888.889.1063 or info@propertyline.com. We're always here to help you.