First off, heres an article published recently at http://www.realtor.org
"A poll greater than 100 office appraisers, developers, and brokers found that 54 percent believe office houses certainly are a trend that will come to a conclusion once interest rates go up.
The study was done by Grubb & Ellis and PNC Real-estate Finance. Businesses are found by the typical scenario purchasing the condos so that they no longer have to pay rent, giving them greater get a handle on over space and occupancy costs. Jgm Properties Announces Availability For Office Space Plymouth Minnesota
is a thought-provoking resource for more about the inner workings of it. More and more company apartments have now been bought as investments lately. Phoenix is one of the biggest markets in this niche, with 189 office-condo qualities set up and more than 100 others in various stages of development. But, other areas, such as Houston, with only three office-condo properties, barely register, although that Texas city's office sector is three times the size as Phoenix's. "
Source: Wall Street Journal (12/14/05 ); Corkery, Michael; Forsyth, Jennifer S.; Haughney, Christine
Of particular note is in these company apartments which are bought as investments. If you are concerned with jewelry, you will seemingly want to explore about JGM Properties Announces Availability For Office Space Plymouth Minnesota
. Many real-estate people, myself involved, have committed to these kinds of properties, only to find few if any potential tenants for the vacant space. In a market with the vacancy rate hanging between 15 & two decades, I felt it had been sensible to escape easily. For alternative viewpoints, consider peeping at: http://www.wtoc.com/story/29424066/jgm-p...-minnesota
. Im very glad used to do.
Their own office condo that that that will be often simply purchased by its not the quality of the space is the issue, but the fact any tenant is a good candidate for this space very. Visiting JGM Properties Announces Availability For Office Space Plymouth Minnesota
certainly provides tips you might give to your brother. Most of the prospects for open work residence space are startups or small businesses that could only agree to a or two-year lease. These firms will often make it and get their very own office residence or fold up go and shop back once again to the spare room home office from where they came leaving the individual to attempt to find another tenant.
Make no mistake, these are good homes, well developed, with exemplary finishes, that are exceptional values for the dog owner / user. As an investor, I'd check out areas, especially industrial or factory homes, to spend my resources.
All the best to you,
Fox Property Group