Category: Commercial

If you’re in the market for commercial real estate, NAI Beverly-Hanks has access to the best selection of properties in Western North Carolina. From land and industrial to office, retail, and hotel properties, we have your commercial needs covered. There are also several commercial properties marked for agriculture use currently listed on our website. Here… Read more »

  In our rapidly changing digital world, it has traditionally taken a little time before new technologies were widely adopted by an industry, its professionals, and its audience. This was the case for email in the late 1990s (can you remember how long some of your clients held out for home phone calls and snail… Read more »

Luxury Daily Luxury Daily is the world’s leading trade publication covering luxury marketing and retail across all mediums and channels.The article summarized below was originally written by Jen King. It is important to recognize that high-net-worth individuals account for 25 percent of all global commercial property transactions. In 2015, Knight Frank found that the UHNW population… Read more »

The Asheville industrial market ended the fourth quarter 2015 with a vacancy rate of 5.8%. The vacancy rate was down over the previous quarter, with net absorption totaling a positive 111,576 sq ft in the fourth quarter. Vacant sublease space remained unchanged in the quarter ending at zero square feet. Rental rates ended at $4.01,… Read more »

The fifth annual release of the joint report by Situs Real Estate Research Corporation (RERC), Deloitte and the National Association of Realtors® was released on February 4th. According to the three organizations responsible for producing the report, “Commercial real estate activity is forecast to gradually grow this year with demand for space holding steady across all… Read more »

  On February 2, 2016, Inman author, Daren Blomquist, curated forecasts from six different economists specializing in the United States housing markets. Here are the key takeaways from the economists: Growing rental rates and moderate home price growth should mean more people look to buy in 2016. Mortgage rates will rise which should also help… Read more »

Commercial Real Estate In The Asheville (MSA) 2015 was a good year for commercial real estate. As predicted, growth occurred in the hotel and multi-family sectors, and vacancy rates dropped for retail, office, and industrial properties. Sales soared from 2014’s 296 ($378.5M) to 350 transactions ($485.5M). Retail and multi-family properties led the way accounting for… Read more »

Brewery To Begin Pouring Soon Repurposing of former stockyards and auction house industrial sites is almost complete. New Belgium Brewing will be making beer in about six weeks at its West Asheville/River Arts District brewery. The Asheville Citizen-Times, Tony Kiss, reported that New Belgium will open its Liquid Center tasting room in February 2016, with tours… Read more »

  (ANSWER): True–27 tracts of land of 10 acres or more have sold in Buncombe, Haywood, Henderson, Madison, Polk, Rutherford, and Transylvania counties in the last 90 days. Land sales are in the very beginning stages of improving. Understanding the fluctuations in the real estate market is important for making confident real estate decisions when… Read more »

U.S.’s Vacancy Decreases to 6.8% The Asheville Industrial market saw vacancies rise and rental rates decrease from the first quarter 2015 to the second quarter 2015. The overall vacancy rate currently sits at 6.4%, from 6.3% in the previous quarter. Rental rates ended the quarter at $3.97 per square foot, from $4.45 in the previous… Read more »