Property is located 1 parcel south of United Parcel Service main terminal and near active rail transit.
Price: $1,005,599
Lot Size: 3.29 AC
Price/AC: $305,653.20
Please call Jay Crandall CCIM at 239-221-8481 for more information!
Friday, November 18, 2016
For Sale: 3.29 acres in Southside Industrial Park - Fort Myers
143,657 sq. ft. corner lot (can be divided), zoned I-2 (heavy industrial) located in the Southside Industrial Park off of Work Drive.
Property is located 1 parcel south of United Parcel Service main terminal and near active rail transit.
Please call Jay Crandall CCIM at 239-221-8481 for more information!
Property is located 1 parcel south of United Parcel Service main terminal and near active rail transit.
Please call Jay Crandall CCIM at 239-221-8481 for more information!
Tuesday, November 1, 2016
CCIM Thrive Conference Atlanta 2016 Pearl #2
Pearl #2 comes from Dr. Glenn Mueller.
A brief bio:
With 35 years of real estate industry experience, including 26 years of research, Glenn Mueller is a professor for the Burns School of Real Estate and Construction Management at Denver University, one of the oldest and largest programs in the country. Mueller’s research experience includes real estate market-cycle analysis, real estate securities analysis, real estate capital markets, portfolio and diversification analysis, seniors housing analysis and both public and private market-investment strategies. He is also the real estate investment strategist at Dividend Capital Group, where he provides real estate market-cycle research and investment strategy for Dividend Capital’s Real Estate Securities, Private Real Estate Investment, Private REIT and Real Estate Debt groups. He is also the co-editor of the Journal of Real Estate Portfolio Management.
Dr. Mueller presented attributes of the 2016 Physical Cycle and Financial Cycle we have seen thus far:
2016 Physical Cycle
Whereas interest rates are still some of the lowest in US history, tax deductions still remain in place, new commercial construction projects are slow to come out of the ground due to regulations, and therefore rental rates will continue to rise.
Among the caveats were the steady lowering cap rates and the possible future interest rate increases,tax increases, and/or more regulations.
A brief bio:
With 35 years of real estate industry experience, including 26 years of research, Glenn Mueller is a professor for the Burns School of Real Estate and Construction Management at Denver University, one of the oldest and largest programs in the country. Mueller’s research experience includes real estate market-cycle analysis, real estate securities analysis, real estate capital markets, portfolio and diversification analysis, seniors housing analysis and both public and private market-investment strategies. He is also the real estate investment strategist at Dividend Capital Group, where he provides real estate market-cycle research and investment strategy for Dividend Capital’s Real Estate Securities, Private Real Estate Investment, Private REIT and Real Estate Debt groups. He is also the co-editor of the Journal of Real Estate Portfolio Management.
Dr. Mueller presented attributes of the 2016 Physical Cycle and Financial Cycle we have seen thus far:
2016 Physical Cycle
- Cycles can be Long or Short
- LONG economic expansion means LONG real estate UP Cycle
- Cycles can be driven by Demand or Supply
- Supply growth slowest in 2013 - now increasing moderately
- Growth phase of cycle 2014-2020? (depending on market and property type)
- Capital flows affect prices - volatile stock market and low bond rates
- Real estate more Stable and Safer investment?
- Debt financing harder in this cycle - more cash down
- Low new construction
- DIFFERENTIATE residential ownership versus commercial real estate to your investors!
Whereas interest rates are still some of the lowest in US history, tax deductions still remain in place, new commercial construction projects are slow to come out of the ground due to regulations, and therefore rental rates will continue to rise.
Among the caveats were the steady lowering cap rates and the possible future interest rate increases,tax increases, and/or more regulations.
Monday, October 31, 2016
CCIM Conference Atlanta October 24 & 25, 2016 Pearls
Last week Bonnie and I attended the 2016 CCIM Thrive Conference in Atlanta. There were so many pearls derived from the sessions and speakers, we want to share some interesting observations through our blog posts.
Pearl #1
@Frank Luntz, Expert Communication Strategist from Luntz Global(keynote speaker)gave us the following:
The one message highlighted more in this conference than any of the previous conferences: there is a lot of change coming. Change to our industry, change to the workforce, and change in the way we need to conduct business moving forward.
And, we have a choice. We can choose to look for the opportunities. Or, like the skeptics at the beginning of the auto industry, we can choose to mock the innovators of our day (by brushing off the change and telling them to go buy a good horse)or we can still continue to look for the next biggest thing in good horse whips. Either way,those looking to hold onto the past will remain in the past. The good news is for those looking to embrace the change and the future, the opportunities are extremely bright and the playing field has been leveled in many of the different job segments.
Have a safe and Happy Halloween!
Pearl #1
@Frank Luntz, Expert Communication Strategist from Luntz Global(keynote speaker)gave us the following:
21 Words for the 21st Century
Imagine
Peace of Mind
I get it
Real results/Real solutions
No conflicts/Hidden relationships
A real problem-solver
No excuses
Our first responsibility
Our mission/commitment
What makes us different
No surprises/No fine print
You decide
Maximize your value
Genuine accountability
You deserve
You're in control
Total alignment
We have to earn your loyalty
On your side
Measurable track record
Respecting/Protecting hardworking taxpayers
The one message highlighted more in this conference than any of the previous conferences: there is a lot of change coming. Change to our industry, change to the workforce, and change in the way we need to conduct business moving forward.
And, we have a choice. We can choose to look for the opportunities. Or, like the skeptics at the beginning of the auto industry, we can choose to mock the innovators of our day (by brushing off the change and telling them to go buy a good horse)or we can still continue to look for the next biggest thing in good horse whips. Either way,those looking to hold onto the past will remain in the past. The good news is for those looking to embrace the change and the future, the opportunities are extremely bright and the playing field has been leveled in many of the different job segments.
Have a safe and Happy Halloween!
Monday, October 17, 2016
3.29 acres available NOW in the center of Southside Industrial Park in Fort Myers!
Looking for a site to build your warehouse? Relocate your manufacturing business? We have 3.29 acres in Fort Myers available now!
2981 Cargo Street, Fort Myers, FL 33916
Sale Price: $1,005,599 ($305,653.20/acre)
143,657 sq. ft. corner lot (can be divided), zoned I-2 (heavy industrial) located in the Southside Industrial Park off of Work Drive.
Property is located 1 parcel south of United Parcel Service main terminal and near active rail transit.
Call 239-221-8481 to schedule a tour today!
Tuesday, September 27, 2016
New Endodontic practice opens in Bonita Springs, Florida!
Crandall Commercial Group LLC would like to thank Endodontist Dr. Scott Baur and his wife Deanna for choosing us to represent them in negotiating a lease on their new location in Bonita Springs! Congrats on your new practice in SWFL!
Your Endodontic Specialist
24820 Burnt Pine Drive, Ste. 3
Bonita Springs, FL 34134
Phone: 239-676-1079
Website: YESendo.com
Email: office@YESendo.com
Stop by their beautiful office to meet Dr. Baur and his knowledgeable, friendly staff:
Deanna - Practice Administrator
Rachelle - Certified Dental Assistant
Kelsey - Receptionist
Thursday, August 25, 2016
Naples Soap Company store NOW OPEN in Coconut Point Mall!
Crandall Commercial Group would like to thank Naples Soap Company for choosing us to represent them in negotiating a lease on their new location in Estero, Florida!
Check out this beautiful, heavenly-scented store today!
Coconut Point Mall
23191 Fashion Drive #102
Estero, FL 33928
Phone: (239) 949-5566
Hours: Monday - Saturday: 10:00am - 9:00pm | Sunday: 12:00pm - 6:00pm
Check out this beautiful, heavenly-scented store today!
Friday, August 19, 2016
Featured property of the week: Fairway Building in Naples Florida!
Crandall Commercial Group has a new listing for lease in Naples:
1,118 sq. ft. built-out professional office space (approved for medical use) with reception area, 4 offices, kitchenette and 2 in-suite restrooms. Elevator or stairway accessible. Private owner entry with one covered parking space.
Located on US 41 (US 41 frontage) directly across the street from the prestigious Naples Beach Hotel & Golf Club.
Call to schedule a tour today! 239-221-8481
Fairway Building
1000 9th Street N, #401
Naples, FL 34102
Rental Rate: $12/SF/Year NNN
Est. CAM: $6.72 (incl. water/sewer)
Lease Term: 60 Months
Availability: August 1, 2016 for occupancy
Located on US 41 (US 41 frontage) directly across the street from the prestigious Naples Beach Hotel & Golf Club.
Call to schedule a tour today! 239-221-8481
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