A nickel ain’t worth a dime anymore.
The cold weather here has gotten me dreaming about spring and with spring, baseball. We all know many of the famous quotes from New York Yankees catcher Yogi Berra. Here are a couple of my favorites along with some of my thoughts on what they say about the Triangle Commercial Real Estate market.
No one goes there nowadays, it’s too crowded
The Triangle is a hot Commercial Real Estate market. The supply is very thin relative to demand. As a result, many spaces get sold or leased quickly. However, the demand is real here, driven by outstanding job opportunities, strong housing market, world-class universities, and all the other things that put us on everyone’s top places to live and work lists. So as long as our economic growth remains robust, don’t expect demand to weaken. It may be crowded, but there’s another Yogiism to remember:
You can observe a lot by just watching
We are in touch with the Triangle Commercial Real Estate market every day. We identify what is selling, what is leasing, where the action exists and where it does not. There is no substitute for getting out there and talking to local landlords, tenants, investors, developers, and other clients. We know that market and would be pleased assist you with your commercial real estate needs.
I have more Yogiisms, but perhaps I’ll save them for opening day.
We at Amy Bush Commercial wish you and yours a very happy and prosperous 2018.