The sale and lease of commercial real estate continues to grow, both regionally and nationally, but commercial Realtors remain concerned about the availability of commercial financing. Overall, national lending for commercial real estate investment was incredibly strong in Q4 2015. In fact, the time period was the fourth highest quarter for borrowing and lending on… Read more »
Commercial Property Showcase: 7 Cheshire Drive in Black Mountain, NC 28711
7 Cheshire Drive in Black Mountain is a Great Investment Opportunity! This is a collection of five parcels within the existing upscale, health-oriented, mixed-use Village of Cheshire in Black Mountain. The residential resort projects and recreational facilities included on this listing are all approved in the community’s master plan. In fact, a significant amount… Read more »
Biltmore Park by the Numbers
Biltmore Park is the largest mixed-use community in Asheville outside of downtown. The modern 42-acre Town Square was designed a decade ago with an innovative urban concept to serve one of the fastest growing areas of town with walkable residential, commercial, and office space. Anchored by 120 rental apartments, 156 condominiums and townhomes, and nearby… Read more »
Local Art Galleries Aid in Downtown Revitalization
For many of our mountain communities, the arts have often led the way in the revitalization of main streets and town centers. Across the state of North Carolina, $2 billion in new investment has been made to our state’s main streets over the past 33 years. Among the 4,700 new businesses opened in that time,… Read more »
Keeping up with the Millennials: Shifting the Focus of Commercial Real Estate for Millennials
This is the second post in a two-part series about how commercial real estate should evolve to meet the needs of the millennial generation. Read the first post. As the world’s first digital generation, those born from the early 1980s to the late 1990s were regularly exposed to new technologies in the home and… Read more »
New Belgium Brewing Opens its Asheville Tasting Room
Beer lovers around Asheville rejoiced this week when New Belgium Brewing Company (finally!) opened its tasting room to the public. More than 500 eager tasters poured into the Liquid Center, as they’re calling it, on Monday, May 2 as the beer began to pour out. News 13 WLOS reported that crowds that large haven’t been… Read more »
River Arts District is a Commercial Real Estate Jewel
A rising jewel of the Southern Appalachian art scene is the River Arts District, a small but vibrant commercial section sandwiched between downtown and West Asheville. Decades ago, the River Arts District may well have been called the River Industrial District. The area sits low along the French Broad River and train line, which made… Read more »
How will Millennials Drive Commercial Real Estate Trends?
This is the first post in a two-part series about how commercial real estate should evolve to meet the needs of the millennial generation. Read the second post. Born between the early 1980s and the late 1990s, the up-and-coming millennial generation has garnered a lot of attention over the last few years. Painted as… Read more »
3 Current Commercial Properties for Agriculture
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 »
What’s the Next Big Frontier in CRE: Virtual Reality or the Cloud?
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 »