For those of us who deal in the commercial real estate industry, the real question as we begin 2010 is: Should you hit the gas pedal on real estate projects currently in the pipeline? A recent article from the Atlanta Journal Consitution quotes Cushman & Wakefield Atlanta’s Director of Researchwho suggests that we can see the light at the end of the tunnel in terms of commercial real estate’s pain. This article from Crain’s on January 3rd also indicates that commercial rents will bounce back in the foreseeable future.
In an up and down market, the only constant is change. Rents will rise and concessions will get pulled back in the coming months; the only question is when?
Now is the time to make real estate a priority. From our perspective, it is still a tenant’s market, although that is likely to change in the near future. Our goal is to help you time your transaction so that you avoid getting “caught” in a recovering real estate market.
Please contact us for a comparison of your lease terms to the market and defend against optimistic landlords!