For more than 40 years, Beverly-Hanks has been Western North Carolina’s real estate market leader. Our strength as a company is directly correlated to the quality of our professional real estate agents—and we don’t forget that fact. Our agents are experts in communities across the region. And they work hard seven days a week to… Read more »
Best Year Ever: NAI Beverly-Hanks 2018 Year End Commercial Market Report
2018 Commercial Activity: According to CoStar sales data, 2018 was the best year for commercial real estate in Western North Carolina. Our four-county MSA (Buncombe, Henderson, Haywood, and Madison) saw just over $700 million in sales last year. That bested 2016’s previous high-water mark by $100 million! In comparison, the region only saw $92 million… Read more »
7 Places in Asheville Worth Cheating on Your New Year’s Diet
If you’ve resolved to eat healthier in 2019, stop reading this post now! We support your efforts to get fit and stay fit—admittedly, things that are hard to do in a beer and food hub like Asheville, NC. However, if you’re brave enough to try one cheat day, then do we have the list for… Read more »
3 Unique Entertainment Opportunities in Flat Rock, NC
The Village of Flat Rock has long been called “The Little Charleston of the Mountains.” During the 19th century, the community was an oasis for affluent land owners from the South Carolina Lowcountry who built English-style summer estates there to escape the heat. Today, the entire district is on the National Register of Historic Places… Read more »
Beverly-Hanks Karma Keg: Enjoy Good Vibes and Good Times at Blue Ghost Brewing
At Beverly-Hanks, we know that real estate is about so much more than four walls and a roof. It’s about building community. Our goal has always been to build long-lasting relationships with our customers, clients, and the Western North Carolina communities in which we live. At Beverly-Hanks, we also work hard to reinforce our community… Read more »
The Swag Country Inn Sits above Everyday Distractions
Heading up Hemphill Road, just outside Maggie Valley, the lush fields and bungalow homes of Jonathan Creek fade in the rearview mirror. I pull up to a large metal gate and soon find myself meandering along a dirt road, pushing ever so carefully toward the top of the 5,000-foot ridge. At the end of the… Read more »
Big Swings: NAI Beverly-Hanks Q3 2018 Commercial Market Report
Q3 2018 Commercial Activity: We witnessed some significant swings in commercial real estate for Q3. The industrial sector was off 80% from the second quarter. But office business was up 34%. Retail transactions were up 71%, but multi-family was down 70%. And land closings were off 35% from what they were in the spring. Luckily,… Read more »
NAI Beverly-Hanks Q2 2018 Market Report: A Consistent Climb
Q2 2018 Commercial Activity: The second quarter was solid, steady, and consistent—nothing extraordinary or flashy, just solid. Four out of the five sectors (industrial, office, retail, multi-family, land) were not up by much, but they were up. In the Central Business District (CBD), 48 Biltmore Avenue (home to Chestnut restaurant) and 26.5 Battery Park Avenue… Read more »
All about the 3 New Construction Projects Revitalizing the Block
After nearly six decades of decline, three new developments are opening on South Market Street in downtown Asheville—all within six months of each other! Centered at the intersection of Eagle and Market Streets in downtown Asheville, the Block was once the city’s thriving African-American business district. The economy of the area was so strong that… Read more »
NAI Beverly-Hanks Q1 2018 Market Report: A Strong Start to the Year for Commercial Transactions!
Beverly-Hanks President Neal Hanks, Jr. has delivered the first quarter 2018 Market Report. Watch the video below for his short report, or continue reading for a summation. Q1 2018 Commercial Activity: It was a strong first quarter for commercial real estate in Western North Carolina. 96 properties closed for approximately $192 million, compared to 127… Read more »