Saturday, August 7, 2010

Negative News but Positive Results!!

Negative News but Positive Results:
According to Jim Gillespie (contact info below), America's Premier Commercial Real Estate coach, "There's so much negative news being shoveled at us that it can be difficult to rise above it all and still determine your own destiny in commercial real estate brokerage. Yes, transaction volume is down considerably since 2007, but did you know that the total dollar volume of commercial real estate sales transactions in the U.S. rose by a full 58% during the first half of 2010, as compared with during the exact same period back in 2009? This information comes from Bloomberg and Real Capital Analytics.

North Orange County, California:
My primary focus is providing location advice to owners and occupants of industrial buildings between 20,000 and 100,000 square feet in Orange County, California. The volume of transactions in this sub market has increased exponentially since the first half of 2009...highlighted by the below transactions:
163,000 sale in Anaheim
156,000 sale in Anaheim
120,000 sale in Anaheim
60,000 sale in Fullerton
57,000 lease in Anaheim
45,200 lease in Anaheim
45,000 lease with purchase option in Anaheim
52,000 sale in Anaheim
50,300 lease with purchase option in Orange
49,364 lease with purchase option in Anaheim
30,800 sale in Orange
58,000 lease in Garden Grove
52,500 lease in Brea
24,700 lease in Brea

Outlook for the Future:
Anyone's guess at this point as the negative "pre-election" news is creeping into the market and minds of small business owners. I continue to believe that NOW is the best opportunity to make an outstanding real estate deal!

Jim Gillespie
America's Premier Commercial Real Estate Coachsm
Advanced Commercial Real Estate Coaching
41890 Enterprise Circle South, Suite 135
Temecula, California 92590
(951) 694-6655

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