Timing Is Everything In The Commercial Real Estate Market

In many cases, a building makes great financial sense and can be a great investment. Perhaps you own a building as an investment property. Maybe you own and operate your business out of it. Regardless, the benefits of mortgage interest, depreciation deductions and the potential return on your investment won you over. But times have changes; business has changed, and owning your building may no longer be your best option. If you have considered selling your property, the next 6-12 months may be the most opportunistic time. The cyclical nature of the commercial real estate market and the fluctuations of properties make now a critical window of fleeting opportunity.

As you may know, there are four phases to Commercial Real Estate (CRE) Cycles. Recession, Recovery, Expansion and Contraction. Based on recent spae absorption and future forecasts, expert agree that the Philadelphia CREmarket is in expansion mode once again. Historically, the Expansion phase is the best time in the CRE cycle to sell and maximize the value of your property.

Bottom Line: If you Plan on Selling Your Building Soon, it's Time to Act.

I have been consistently selling property in this sub-market for fifteen years and have recently sold several properties in the surrounding markets. I will help you develop a specific strategy based on your individual or business needs so that you can maximize the value of your asset.

When Is It Time For A New Facility?

If you own:

• An under utilized building where certain areas are either vacant or have become expensive “storage”
• A building that is functionally obsolete or in need of capital improvements
• A building that no longer meets the demands of your organization

The bottom line:

• Banks are lending again
• Interest rates are low and money is inexpensive
• Construction prices and land are affordable

At no cost to your company, Blackmore Realty Group will:

• Identify alternative sites that can meet your real estate needs of the future
• Develop an in-depthfinancial analysis of each alternative
• Coordinate architectural design, construction pricing and permitting process
• Create a more efficient andflexible working environment that will increase employee production and morale
• Allow you to redeploy capital from the sale of your current facility into other critical areas of your core business

Contact me to get a complimentary valuation on your building and to further understand the sales trends of comparable buildings and why the next 6-12 months may be an opportunistic time to sell your building.