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Buy dirt - they aren’t making any more of it.
Seriously, does anyone think buying real estate - commercial/industrial especially in the Puget Sound area is a bad idea? Please me know why. I just don’t see it. We are expected to welcome an additional 1.7 million people to this area in the next 30 years. THE best article I have ever read about Seattle appears in September issue of Smithsonian Magazine. Truly, you will understand the appeal of this corner of the world after reading it.
There is going to have to be some imaginative financing/seller financing/trades going on for awhile - but it really will be good to get back to old fashioned basics. There are tremendous value now - instead of “pie in the sky” value - real honest to goodness value here in the Northwest.
This whole mess with the financial institutions vaporizing and the trickle-down affect it will have, reminds me of a scene from Dr. Zhivago when Geraldine Chaplin’s character thought of her life of affluence and then how a dozen families were living in their former home and said: “It is much more fair”. Get ready for a lot of “fair”.
McCain’s First Wife - FYI
John McCain has been married twice.In 1965 McCain married the former swimsuit model Carol Shepp and adopted her two children. After Carol was disfigured in an automobile accident, John and Carol divorced in 1980. McCain blames the collapse of his first marriage on “my own selfishness and immaturity” and has called it “my greatest […]
DEJU VU? It’s the 80’s again.
Anyone that was in business in the 80’s through to 1995 remembers the Savings and Loan meltdown. FSIC? Remember when you THOUGHT that meant you were insured in your savings up to $100,000? only to find out you were insured UNTIL the FSIC ran out of money? Of course that could never happen today.
Gas […]
YEA - I’M BACK
This web-site was down for awhile during the changeover in management - but now is back - great.
A lot has happened in the past month. I took my 96 yr young Dad to Chicago for a good old fashioned Irish Wake. His sister - my dear departed Aunt Eileen - is now resting peacefully […]
PART 1 OF 6 - SOUTHPARK ANOTHER FREMONT? NOT!
WHAT WILL MAKE THE AREAS BETWEEN THE DUWAMISH RIVER AND SR 509ONE OF THE HOTTEST IN SEATTLE BY THE YEAR 2020?JOBS, TRANSPORTATION, HEALTHCARE, HOUSING and QUALITY OF LIFE
- “Take a close look at one of Seattle’s last bastions of blue collar. Today’s Georgetown, South Park or Sodo could be tomorrow’s Fremont”- Paysha Stockton, Seattle […]
FUN AND GAMES AT ROSARITA BEACH MEXICO SA
My most recent birthday was spent south of the border. It was easy to get there, gas was $2 gallon, weather was great, accommodations were reasonable and fabulous, security was evident and we partied down. This will be a tough birthday to beat next year!
BETWEEN THE DUWAMISH RIVER AND SR 509 - SOUTH PARK’S FUTURE
I will be starting a six-art series on why I believe this South Park area to be one of the hottest in Seattle now and into the future. Check out my ideas and send me comments. I look forward to hearing what other people have to say about this best kept secret - South […]
M&M IN CALIFORNIA
How fun that my adult children live in Santa Monica and San Diego. It makes for some great sunshiny visits. Recently we visited Will Rogers Estate/Museum, Buddhist Meditation Estate overlooking the Pacific Ocean and the new Japanese Gardens. I’ve included some of the photos.
Commercial/Industrial Real Estate in South Seattle Market
My observations about the commercial/industrial real estate market have been greatly expanded since joining Colliers International. With a world-wide reach, Colliers is in the top ten on the planet for Leasing, Buying, Selling, Managing and Managing investment real estate. We had a visitor from the Shanghai China office sharing with us some of the […]
