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First down, heres articles published recently at www.realtor.org "A study greater than 100 office appraisers, developers, and brokers found that 54 percent believe office houses really are a trend that should come to a conclusion once interest rates increase. The study was conducted by Grubb Ellis and PNC Real-estate Finance. The typical situation finds companies purchasing the apartments so they no more need certainly to pay rent, giving them greater get a handle on over space and occupancy costs. Visit [http://www.news10.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul http://www.news10.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul] to check up how to study this viewpoint. My pastor found out about [http://www.kxxv.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul JGM Properties Announces New Office And Warehouse Space In St. Paul] by searching Yahoo. More and more company apartments have been acquired as investments currently. Phoenix is one of the greatest markets in this niche, with 189 office-condo properties set up and over 100 others in several stages of development. Nevertheless, other markets, such as Houston, with only three office-condo qualities, hardly register, even though that Texas citys company market is three times the size as Phoenixs. " Source Wall Street Journal 12/14/05 ; Corkery, Michael; Forsyth, Jennifer S.; Haughney, Christine Of particular note is in these office apartments which are bought as investments. Many real-estate investors, myself involved, have invested in these types of houses, simply to find few if any potential tenants for the vacant place. In market with the vacancy rate hovering between twenty years 15, I thought it absolutely was prudent to escape quickly. Im very glad I did so. We learned about [http://investor.wallstreetselect.com/wss/news/read/30011279/jgm_properties_announces_new_office_and_warehouse_space_in_st._paul JGM Properties Announces New Office And Warehouse Space In St. Paul] by browsing Google Books. Its perhaps not the caliber of the space thats the matter, but the fact that any tenant thats an excellent choice with this space can frequently only purchase their own company house. Discover further on an affiliated article by browsing to [http://www.koamtv.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul JGM Properties Announces New Office And Warehouse Space In St. Paul]. Many of the prospects for open the office condo space are startups or smaller businesses that will only commit to a or two-year lease. These businesses will often make it and buy their particular office house or fold up shop and move back to the spare room home office from where they came leaving the trader to attempt to find another tenant. Make no mistake, these are great properties, well made, with excellent finishes, that are outstanding values for the owner / user. As an individual, Id look to areas, particularly industrial or factory qualities, to invest my resources. Best of luck to you, Marty Olson Fox Real-estate Group mo@foxreg.com ------------------------------------- www.mnspaceforlease.com www.officespacemn.com www.warehousespacemn.com.
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