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Real Estate-Comm. category.
Articles and information on finding, investing in and managing commercial real estate.
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”.
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 […]
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 […]
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 […]
Countrywide down for the count and CitiBank to follow?
What a greedy mess. San Diego real estate values have dropped 13% and predicted to go further down. SAN DIEGO - who would have thought? It is hard for us in Seattle to realize the impact this has on other parts of the US. I just talked to my daughter in Santa Monica and between the writer’s […]
COMMERCIAL PROPERTY NEWS NAMES SEATTLE IN TOP 10
“Investors and Corporations seek new spaces despite volatile market”. Those were the headlines in the Nov. 16, 2007 article from Commercial Property News listing Seattle as second only to New York in the “flight to quality” as the reason investors are setting their sights on Seattle’s commercial and industrial properties.
Seattle’s metropolitan area only ranks […]
MAZATLAN - Nice on a winter’s day
My neighbors just returned from Mazatlan. Deana is also a massage therapist - how fun is that for a neighbor?? Deana works through the large hotels in Seattle and has massaged many celebs and visiting politicians. This was Deana’s first trip so I shared one of my favorite trips to Mazatlan during Carnivale last year.
I […]
Lunch in Georgetown
A friend and I headed to Georgetown after reading a review for Georgetown Liquor Company. We were a bit early as it doesn’t open til 2 pm so we walked down the street and enjoyed an eclectic art gallery, a glass gallery and lunch at Stella’s. How great to see Georgetown coming alive. This […]
