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Quote of the Week | |
The best thing
about the future
is that it comes
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| Greetings!
Here at Fowler Commercial we have always believed that "people make the difference". We consider that our team consists of the right people to represent our commitment to excellence and our professionalism to give our clients the best service possible.
One of those right people is Angie Sumner. In our office she specializes in commercial sales & leasing. Angie's energetic personality and "can do" attitude makes her ideally suited to represent our clients, either on the buying or selling side, whatever is necessary to fulfill their commercial real estate needs. She works smart and hard, making her a rising star in the commercial arena. She has 4 years experience in commercial real estate and is working towards her CCIM designation. Additionally, she has over 20 years experience in the construction industry, architectural design, building codes and zoning issues. She is always seeking new listings to keep her inventory full and competitive. We know you will enjoy working with such a dedicated professional of her caliber as much as we do. |
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Featured Sale Property
17257 Spring Valley Rd, Mayer AZ 
Strategically located Texaco gas station with Hwy 69 visibility and easy access. Includes a 3,631 sq ft convenience store with deli area on .56 acres off of Hwy 69, just 45 minutes to Prescott. Currently credit card operation only. 312,411 gallons of fuel sold in 2010. All equipment and fixtures (except pizza oven) are included in sale.
$ 950,000 |
Featured Lease Property
Commercial strip building with 4 available suites. Each suite has a reception area, unisex bathroom, heated warehouse space with roll up door, 16'+ ceilings and yard space in the rear of building.
$4.80 sq ft per year
$0.40 sq ft per month- NNN
Suite C is 2,265 sq ft for $1,050 per month
Suite D is 2,625 sq ft for $1,050 per month
Suite E is 1,750 sq ft for $700 per month
Suite F is 1,750 sq ft for $700 per month
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Home values rise for first time in 5 years
NEW YORK (CNNMoney)
Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday.
Nationwide, home values rose 0.2% year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported. Prices were up 2.1% from the first quarter. READ MORE
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Growth in Commercial Markets Remains Hampered by Lending
by George Ratiu, Manager NAR Quantitave & Commercial Research
Amid a backdrop of moderately positive economic growth, demand for commercial space is rising and availability is declining across all property types. A main driver of the rebound comes from low levels of new construction in recent years, which have prevented a run-up in supply. The other drivers are rising employment in office-using industries, increased international trade, and a housing market which has turned many owners into renters.
On the investment side, sales volume has been growing, along with rising prices and declining cap rates. According to Real Capital Analytics, more than 13,000 major properties valued at $2.5 million or higher traded hands in 2011. Sales volume increased 51 percent over 2010 to $205.8 billion, with the lion's share of lending funds coming from big banks.
However, the investment market remains split along property values, due to the new lending environment. This is especially pertinent for small businesses and investors looking for properties in secondary and tertiary markets. READ MORE |
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In our upcoming issues we will introduce you to the other members of our team and their duties. Let us put our positive, innovative, experienced and knowledgeable team to work for you today.
Sincerely,
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Jack Fowler, CCIM
Fowler Commercial |
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