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#HANOVERVA FEATURED PROPERTY: RIVER POINT COMMERCE CENTER (Mechanicsville, VA) Industrial space for lease, Zoned M-2 Outstanding new flex/industrial park to be developed in Hanover County! With ground to be broken in 2024, delivery of the first two buildings of this three-building industrial development should come online around 2025, with the third building to follow. Representing up to 949,100 s.f. of space throughout the development, buildings will range from 192,400 s.f. to 388,500 s.f., subdividable down to about 75,000 s.f. Featuring 32'-36' ceilings, ample employee and truck parking, numerous dock/drive in door options per building, and full utilities available, this would be an ideal product for warehouse/logistics operations, pharmaceutical/life science manufacturing and R&D, and food/beverage production among many other uses. Click on the attached post for more information and property brochure. Property leasing offered by JLL:  Jimmy Appich; Jake Servinsky Inquiries: Armon Smith, Hanover County Economic Development #cre #commercialrealestate #industrialspace #warehousespace 

Louisville Metro area Industrial Trends - Relative to March, Industrial property sales remained flat while leases were down nearly 50%. The number of industrial properties listed for sale increased by around 5% while the number of properties listed for lease decreased by more than 10%. However both listings for sale and lease are higher than one year ago. Overall, the industrial sector continues to do well, but there is no doubt that it has also cooled significantly from a year ago. #CommercialRealEstate #RealEstate #CommercialRealEstateTrends #IndustrialTrends #LouisvilleKY #CommercialBroker #OtimoProperties

There are some seriously exciting things lined up for #CherryCreek in Denver. Named one of the top commercial markets in the US, Prism Places, Inc. is excited to embark on new developments to expand on this already thriving market. You can get a sneak peak of what to expect in the article below. ↓ #CommercialRealEstate #ColoradoRealEstate #PrismPlaces

💼 Smaller industrial properties have high occupancy rates and rising rents. 🏗️ Large-scale development of luxury apartments and big-box distribution centers leads to increased vacancy rates. 🌆 Challenges in securing land near major cities hinder small-bay industrial facilities development. 📈 Availability rates and leasing times determine scarcity of small industrial spaces across US markets. 🏢 Nashville, Virginia, #SouthFlorida, and Southern California face acute shortages. ⚡ Louisville, Kentucky, is tight due to its location in the electric vehicle manufacturing region. 🏙️ #Miami, along with Midwestern cities like Chicago, Detroit, and Minneapolis, has middle-ranking scarcity. 🛠️ Geographic and infrastructure advantages support leasing in Midwest cities by small manufacturing and distribution tenants. 🇨🇱 Texas markets show significant growth in industrial property stock due to growth-friendly policies. 📉 Some markets with higher availability rates still have limited inventories of small industrial spaces. RISE Realty Michael Corkery, CFA Kevin Krueger Mason Scott

At Holt Meadow, we recognize the paramount importance of operational excellence in transforming buildings into thriving homes. Every facet of our operations, from meticulous maintenance routines to robust security measures, is tailored to create an environment where residents can focus on living their best lives. Our commitment extends beyond physical upkeep; it encompasses streamlined processes, efficient communication channels, and sustainable practices that define a delightful, stress-free living experience. We believe that well-operated buildings enhance the immediate quality of living and contribute to the enduring value of our residential properties. It's more than just managing spaces; it's about curating communities where residents thrive, relationships flourish, and investments appreciate over time. What operational aspect do you believe is most crucial for a residential property? Share your thoughts as we continue to highlight the pivotal role of operations in creating homes that stand the test of time! #ResidentialLiving #PropertyOperations #HomeSweetHome #OperationsExcellence #BuildingManagement #LinkedInCommunity

DID HOU KNOW? Located 20 feet below the streets of downtown, the Houston tunnel system stretches over six miles and connects 95 city blocks. Visitors will find dining, retail, and connectivity between buildings. You can explore the tunnels during weekdays from 6am until 6pm. The system is not open on weekends. The origin of the tunnel system dates back to the 1930s when a tunnel was built to connect the Houston Post-Dispatch to the Sterling Building, both of which were owned by former Texas Governor Ross Sterling. Near that same time a tunnel was built to connect the Travis, the Texan, and the Uptown theaters owned by Will Horwitz in what he called the, “Uptown Center Project”. Today the 75-story JP Morgan Chase Tower stands at the location of the former Travis Theater. The original tunnels were filled with debris in 1968, over two decades following the death of Horwitz and the closing of his former theaters. Jesse Jones also built two small tunnels below the Gulf Building, which was completed in 1929. As the tunnels began to expand in the 1960s, the Bank of the Southwest Building at 919 Milam was the first to be connected into the new pedestrian tunnel system. The 1970s expansion of new office buildings in Downtown Houston led by developer Gerald D. Hines were a major catalyst for the additional growth of the tunnel system. Each new section added is privately owned and not by the City of Houston. Some access points remain available for tenant use only. There are two main street level access points at the Wells Fargo Plaza on Louisiana Street and the McKinney Garage on Main Street. The Harris County tunnel is located on the north end of downtown, but does not connect to the main tunnel system. The George R. Brown Convention Center, Minute Maid Park, Toyota Center, and the Houston Public Library are also not connected to the main tunnel system, which is designed to serve weekday workers from various downtown buildings. The tunnels have flooded in major rain events like Tropical Storm Allison in 2001, in which the overflowing Buffalo Bayou began to fill the subterranean structures. Since then, some buildings have installed floodgates to prevent future damage. #houstontx #houstontexas #downtownhouston #houstontunnels #houstonhistory

Recently, we covered some 'red flags' you should look for at a property viewing. In this post we wanted to detail some green flags you should look for as well. When it comes to investing in or leasing commercial real estate, finding the right property can feel like a daunting task. Beyond typical concerns, there are several subtle yet crucial indicators that can signal whether the space is a good fit. 1. Well-Maintained Infrastructure - HVAC systems, plumbing and electrical setups are operation and well-maintained. - Modern fixtures and facilities, including energy-efficient lighting and updated elevators, indicate that the property has been regularly upgraded, which can save you money on repairs and energy costs. 2. Strong Property Management - A proactive and responsive property management team is essential for addressing issues promptly, while maintaining property standards. - Lease agreements that are both reasonable and transparent. 3. Good Location and Accessibility - Signs of ongoing or planned developments in the area are a green flag! Neighborhoods on the rise likely result in appreciation in value, and benefits to your business and investment over time. - Proximity to local transportation, major roads, and essential services add convenience for clients and employees. 4. Compliance with Building Codes and Regulations - Ensuring the property adheres to current zoning and safety codes. - Certifications that indicate that properties have been built or maintained with sustainability in mind (i.e. LEED) 5. Energy Efficiency and Sustainability Features. - Energy-efficient features (windows, insulations, HVAC systems) reduce operational costs and improve comfort. - Properties with certifications for sustainability are often better maintained qualifying for tax incentives or rebates. 6. Positive Tenant and Occupancy History - Properties with a history of low vacancy rates indicate high demand which may suggest a stable investment! - Positive tenant experiences often correlate with good property management and overall quality. These are some green flags we dove into this week. Stay tuned for more of Topside's red and green flags in CRE. #TopsideRealEstate #RealEstate #CRE #CommercialRealEstate #NewportBeach #OrangeCounty #CostaMesa #Irvine #CommercialRealEstateInvesting #Investing #Investment #Finance #Financial #Business

The small matter of a gutter and drain clearance! But when it's in the busiest city centre, in between retail premises, and with restricted and limited access, at peak Christmas shopping times, you have to be careful who you trust to get it right! See the full video here... https://shorturl.at/dDJL1 #propertymaintenance #propertymanagement #realestate #propertymanager #propertyinvestment #smallbusiness #maintenance #residential #landscapedesign #commercial #propertydevelopment #guttercleaning #propertymanagers #propertyinvesting #propertyinvestor #construction

±107,612 SF CLASS A ADVANCED MANUFACTURINGING Strategically situated with freeway frontage on Interstate 80 in Davis, 3808 Faraday Avenue is positioned approximately 15 minutes west of Downtown Sacramento, 20 minutes southwest of the Sacramento International Airport, and 90 minutes east of the San Francisco Bay Area, ensuring excellent accessibility and freeway signage opportunities. A unique ±107,612 SF state of the art facility in the supply constrained Davis market. The property is conveniently located less than 3 miles east of University of California, Davis, which serves as a driving force for producing top employee talent in the region. As the largest employer in the city and renowned as a world-class research and development university, it set a record in the fiscal year 2021-22 by raising over $1 billion in external research funding, surpassing the previous year’s total by $103 million. Zoned as Planned Light Industrial/Business Park, the property is suited to accommodate advanced manufacturing, research and development, light industrial and distribution uses. Go to Featured Listing: https://lnkd.in/gp3F35E6 ----- For all available listings for April 2024 including industrial, office & new developments, go to https://lnkd.in/gBPiBeS4   #BuzzOates #IndustrialRealEstate #OfficeRealEstate #CommercialRealEstate

Property Development News Around San Diego: Two new developments are coming to the downtown San Diego area, both by Holland Partners. The first is a 34-story high rise located on the corner of Front & A Street. The project will have 450 Apartments, including 19 affordable units. There will be 8 levels of parking, with 60 electric vehicle charging stations, and about 50,000 sq ft of retail space. The second project is nearing completion. It's called The West, and is located on Broadway. This project is a mixed use project that has 275,000 sq ft of office space, of which SANDAG just committed to 87,000 sq ft of space long term. It will also have 431 apartments. Incidentally, Holland Partners is the group that won a bid to redo a couple of parcels in the courthouse complex too. I'd love to hear your thoughts on this new this property development - What do you think about the 2 new huge developments in downtown? . . . . #ChicagoTitle #CommunityUpdate #AroundSanDiego #PropertyDevelopmentNews #RealEstateNews #StrategicBusinessPartner #SanDiegoDevelopments #DowntownSanDiego