Commercial Real Estate St George

Deloitte’s mid-year Economic Update

admin — Mon, 08 Jun 2009 14:37:00 +0000

In Deloitte’s mid-year Economic Update, there is promise in a soon-to-be upturn in our economic positioning. They feel confident that the economy should start to turn around the second half of this year (and so do an increasing number of analysts). THE BAD NEWS In the retail sector, April sales were disappointing. Except for the gas and [...] Related posts:

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Brick Oven Pizza coming to St. George, Utah

admin — Fri, 29 May 2009 14:02:29 +0000

Brick Oven Pizza coming to St. George, Utah- If anyone has lived in, visited, or have known someone who lived in Provo, Utah, it is inevitable that you know about two things.: NCMO’s ( if you don’t know what that is, ask a friend) and the Brick Oven Pizza. Brick Oven Pizza is located across from [...] Related posts:

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Real Estate Recession and Recovery

admin — Wed, 13 May 2009 14:12:25 +0000

Recently I was reading real estate trends, recovery periods, and was encouraged by some of the articles that I read. Costar.com interviewed Hessam Nadji, the chief of research for Marcus and Millchap, and he expects that job losses and the recession will end this year. He predicts that job losses will bottom by the [...] Related posts:

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Commercial Real Estate Investors

admin — Mon, 11 May 2009 17:10:44 +0000

In years past, as commercial real estate investors have looked at possible investments they have focused mainly on the Capitalization (CAP) rate. This is a method by which investors measure the ratio between the Net Operating Income (NOI) of an asset and it’s purchase price. Investors would not rely solely upon the CAP rate [...] Related posts:

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Retailers Still Struggling

admin — Mon, 27 Apr 2009 16:41:32 +0000

The national retail sector is reporting record numbers…record low numbers that is- According to CoStar, the nations retail sector posted a negative quarterly net absorption for the first time, in addition the highest vacancy rate this century. When the vacancy rates rise, typically the amount of marketing time rises as well. In 2006, costar reports that [...] Related posts:

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Commercial Real Estate Foreclosures

admin — Wed, 22 Apr 2009 14:29:37 +0000

New York, Las Vegas, then Los Angeles… No these are not the cities that will be the first to escape the recession, unfortunately it is the three cities that have been hit (and will continue to be hit) the hardest in commercial real estate foreclosures. According to a New York-based Real capital Analytics, the troubled [...] Related posts:

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Commercial Real Estate Hit Bottom?

admin — Fri, 27 Mar 2009 14:29:43 +0000

Are we there yet? Are we there yet? In short, you really can’t tell if you have hit the bottom of the market until several months after you have hit “the bottom.” Up until recently, even some of the top experts in commercial real estate analysis have not been able to predict the bottom. However, recently [...] Related posts:

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St. George Commercial Real Estate Widget

admin — Tue, 24 Mar 2009 17:30:25 +0000

There are several things that are going on in the St. George commercial real estate market as businesses are constantly moving and landlords who own commercial real estate are constantly looking for someone either to lease out their property or buy it outright. This blog is continually trying to update individuals, business owners, and landlords about [...] Related posts:

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More free money for Utah Real Estate buyers

admin — Wed, 18 Mar 2009 18:49:21 +0000

The Utah Senate approved a $6,000 down-payment grant using allocated funds from the federal economic stimulus package. In order to liquidate some of the newer homes that were built during the real estate boom, down payment grants are now given to home buyers on a first-come first serve basis. The grant is given to buyers [...] Related posts:

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Osaka Japanese Bistro Restaurant

admin — Wed, 18 Mar 2009 18:41:17 +0000

Brandon Vandermyde of NAI Utah South assisted the Osaka Japanese Bistro in opening their first St. George Utah location. The Osaka Japanese Bistro will replace the former Gandolfo restaurant located near TJ Max in the Sandstone Village Shopping center in St. George Utah. The Osaka Japanese Bistro hired Kyle and Riley Richardson of Richardson Homes [...] Related posts:

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