For the first time in several months we receiving more phone calls from people looking to lease space. Granted most of the calls are for small to medium size businesses, but it’s all good.
In recent weeks we have had discussions with several business owners and our one question is, “how’s business?” Most are telling us they will have a good to great month and then the bottom falls out for the next month or two. Very erratic. A few are seeing steady slow growth and have been looking for new places to lease or even buy.
On the sale and purchase side, we still have a stand-off between what owners want and buyers are willing to pay—- unless it is a recognized true value. Even then many buyers are still concerned prices may take another dip in the next 12-24 months….and sellers are thinking prices might creep up. If you have any thoughts or questions please feel free to call or email. Not only do we know the market, we’re making it—for better or worse! Speaking of which, we have found some incredible rates for commercial loans. Let us know if you need some help. Thanks for reading and your thoughts! Terry
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