There’s office space. Fairly straight forward. There’s retail space. Yep, that makes sense. But then there’s “industrial space.” If you need a great commercial space for your business, and you don’t think office or retail fits the bill, you probably need an industrial space. But what, exactly, does that entail? Will you just be stuck… Read more »
When you buy a house, sometimes an existing home is a great investment because of its location, amenities, and move-in-ready condition. Other times, it pays to buy a lot in an up-and-coming neighborhood and build to suit your tastes and needs. The same goes for commercial real estate investment. Depending on the nature of the… Read more »
Starting this month, Allen Tate/Beverly-Hanks’ downtown Asheville office is undergoing renovations. While construction is affecting where some agents are doing business, it is not affecting the quality of the business we do—especially here at NAI Beverly-Hanks. Here’s what you need to know about current office renovations. What’s Happening with These Office Renovations? Our residential partners… Read more »
One of the strongest features of our economy is the retail sector. However, after a series of disruptions—think: shifts to online shopping, national health and economic crises, ongoing climate migration—retail companies large and small have struggled to redirect their sales models and stay afloat. Underlying it all are the investments many have in retail real… Read more »
By all accounts, industrial real estate is a hot commodity right now. Massive growth in e-commerce has triggered record-high pre-leasing rates. Some are even calling this the “golden age” of industrial real estate. But do you know what else is hot right now? The planet. Consumers concerned about global climate change are focused more and… Read more »
Commercial Real Estate Forecast The Asheville metro area received top marks at the start of the second quarter in an analysis of economic and commercial market health across the country. The National Association of REALTORS® (NAR) ranked Asheville as one of the nation’s “Top 16 Commercial Real Estate Markets” in an index citing office, industrial,… Read more »
FOR IMMEDIATE RELEASE: Land Sale Signals Upcoming Industrial Development in Flat Rock A new master planned industrial park is set to bring many higher wage jobs to Henderson County. June 29, 2022 (Asheville, NC)—On June 17, 2022, NAI Beverly-Hanks closed on a 65.31-acre tract of land in Flat Rock with prime frontage on Interstate 26…. Read more »
By now, everyone in the United States is aware that the cost of single-family homes has skyrocketed in recent months. But what’s getting less press coverage is the alternative still accessible to many millions of Americans: multi-family housing. Apartment buildings, condos, and other types of “missing middle” housing are becoming more attractive to tenants and… Read more »
Commercial retail locations come in as many shapes, sizes, and forms as the businesses that inhabit them. And choosing the right one is possibly the most important decision a brick and mortar business can make. Your location will directly impact your bottom line, your foot traffic, and your ability to grow. Here are five core… Read more »
Commercial Real Estate Forecast A strong economy generally benefits real estate, and 2021 proved just that. With the U.S. economy growing at 5.6% during 2021, annual CRE sales volume crossed $600 billion for the first time ever through November. While optimistic about the economic outlook going forward in 2022, inflation and a rising interest rate… Read more »