There are a lot of factors to consider when starting a business, expanding, or relocating an existing one. Here are a handful of questions to ask yourself that will help you choose the perfect office location. What is Your Budget? In all real estate endeavors, including commercial real estate, a proper understanding of your budget […]
At NAI Beverly-Hanks Commercial Real Estate, we continually strive to be the best in the business and understand that our agents are essential to your success. In every aspect of our business, we represent the finest approach to service and professionalism. And we define our success by the quality of our clients, the projects we […]
Commercial Real Estate Forecast The commercial real estate market is currently in a relatively stable state, given the effects of 2020 on key sectors. Despite a brutal drop in tourism in Western North Carolina and related blows to small businesses dependent on those tourist-fueled door swings, annual gross rents dropped by only 1.3%. According to […]
One of the strongest features of our economy is the retail industry. However, in a year wrought with health and economic crises, retail companies large and small struggled to redirect their sales models and stay afloat. Today, we’re taking a look at the different sectors of the retail industry and which retail companies were the […]
Commercial Real Estate Forecast The commercial real estate market is diligently trying to recover. All eyes are on the pending stimulus package to provide renewed relief to consumers, tenants, and struggling real estate sectors. Many small businesses, restaurants, and local tenants are reaching the tipping point, as the fourth quarter currently marks the end of […]
Office environments have been trending toward a wellness focus for some time now. From Google’s Subsidized Massage Program to Apple Park’s 100,000-square-foot fitness center, big companies have put health and wellness at the forefront. Now, in the wake of COVID-19, businesses of all sizes are prioritizing wellbeing and safety. Except now, they’re taking a much […]
Investing in real estate is a time-proven method for diversifying your portfolio and creating multi-generation wealth. If you own a vacation home or short-term rental, you may be well on your way! But there are other real estate investments that can help you generate income more quickly and earn a higher rate of return. Today, […]
How is the Commercial Real Estate Market? Predictions for the commercial real estate industry in the second quarter of 2020 were far from optimistic as the full economic impact of COVID-19 rolled through the market. With lockdown orders in place, the industry stalled abruptly and professional efforts turned to assisting landlords and tenants navigate the […]
On May 30, 2020, North Carolina Gov. Roy Cooper issued Executive Order 142 to assist residents who have been financially impacted by COVID-19. In response, North Carolina Supreme Court Chief Justice Cheri Beasley issued an order that extends the statewide stay on all eviction hearings through June 21, 2020. Here are the key points each […]
Many of our clients and friends are asking about the impact of COVID-19 on our hometown small businesses and its overall effect on our local economic development. Two of our commercial real estate agents tackled the big questions. Jim Davis and Steve Dozier of NAI Beverly-Hanks provided educated insight about what we’re seeing now and […]