A post from 2013 discussed the Panama Canal expansion and the impact of that project on logistics facilities across the country, in gateway and pipeline markets.
Dixie Phair is regularly reminded that the word “market” describes not only the entirety of her jurisdiction, but also the various segments of commercial real estate within and outside of that district.
Real World Example: ABC Co. is a big box discounter, a junior box pharmacy chain, or other similar user that desires a certain size building with cosmetic brand-related attributes.
As Commercial Real Property Analyst for Any Municipality County, Dixie Phair must acquaint herself with the economics of many different property types.
If it is your job to value office buildings, you have learned to pay attention to rent and occupancy levels, as well as ownership expenses involved in providing services and finishes to tenants.
Brokers are on the front lines in commercial and industrial property transactions, with critical knowledge for understanding local real property value trends.