Increased demand for commercial real estate is causing the price of assets to overtake their value in certain property sectors, according to the latest Real Estate Research Corporation’s (RERC) quarterly Real Estate Report.
“The relationship between the value versus the price of commercial real estate is precariously balanced,” according to Ken Riggs, president and CEO of RERC, a national evaluation and research organization.
Commercial property transaction volume is expected to reach $ 430 million by 2016, a 21 percent increase from 2013 and the highest level seen since 2007, according to a survey from the Urban Land Institute (ULI) and tax and advising firm EY.
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THE GOODMAN REPORT: Greater Vancouver’s #1 Multi-Famly Real Estate Website goodmanreport.com FOR SALE 16 Units 1510 East 4th Avenue, Vancouver Asking 95000; 5.4% Cap Rate Totally renovated! Quadra Court is a wood frame 16 unit low-rise apartment building in superb condition centrally located in Vancouvers trendy Commercial Drive neighborhood. The property is situated on a corner lot (67x 122) in a quiet family oriented neighbourhood across from an elementary school. The completely upgraded suites, most of which have great views of Downtown, feature contemporary open design, refinished hardwood floors & new appliances. The entire building has undergone an extensive renovation program including suites and common areas. The subject property also features rear parking & an enclosed garage, storage lockers and a two bedroom penthouse with spectacular views from two roof top decks. In conclusion, Quadra Court is a turn-key building with no deferred maintenance and offers tenants easy access to local shops, restaurants and parks just one block away from Commercial Drive. More information? Check out goodmanreport.com Video Rating: 5 / 5
Corey Lee was born in Seoul, Korea in 1977. The son of an engineer, he moved to the US in 1983 when his father’s work relocated him to New York City. Being an immigrant, the food his mother cooked became the most important and tangible link to Corey’s native culture. And so at an early age, he realized that food occupied an important role in society, one more significant than just sustenance, and he became acutely interested in the different kinds of cuisine he encountered. At age 17, in need of a job and at the random suggestion of a friend, he applied for work at the Bromberg brothers’ popular restaurant, Blue Ribbon Sushi in New York’s SOHO area. He was hired for the dining room but immediately became fascinated by the unique world of the professional kitchen, an environment he found to challenge and gratify both the mind and body on many different levels. He quickly started working in the kitchen and soon realized that cooking would be his profession. Since that almost accidental beginning to Corey’s career, he has gone on to work for some of the most acclaimed restaurants and chefs in the world. In 1997, he moved to London where he spent over a year working and staging at Interlude, Pied à Terre, Savoy Grill, Pierre Koffman’s La Tante Claire, and Marco Pierre White?s Oak Room. He later went on to work with many other venerable chefs including Christian Delouvrier at Lespinasse, Daniel Boulud, Montreal based chef Normand Laprise, and Parisian 3 star Michelin chefs Guy …
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www.naaridx.com MLS Number: 138774 Property Type: Commercial Price: 00000 Year Built: 1912 Number of Acres: 1.50 Units: 0 City: Williams Address: 300 West Sheridan Ave Date Listed: 2009-11-18 Description: Great investment opportunity on the largest landmark in the city of Williams. This old school has been admired for years just waiting for the right person to come in and bring it back to life. The property is currently zoned residential, but the owner feels the highest and best use of the property would be commericial residential units. Zoning change is pending city approval. Current owner is remodeling school. Windows have been replaced, asbestos has been abated. Owner hopes to have a combination of commercial and residential units. Owner may carry @2 1/2 % with 0000 down, terms subject to change. From downtown Williams go south on 3rd street. You can’t miss it… For more information on this listing, please contact: Listing Agent Allan Duncan 928-635-4404 Broker The Stern Group 928-266-0212 hal@flagre.com FlagRE.com Serving the Flagstaff, Arizona Area —————————– Are you a real estate broker and want to see your listings on YouTube? Call us at 877-700-2519, visit http or email sales@cevado.com. This representation is based in whole or in part on data supplied by the Northern Arizona Association of REALTORS or its MLS. Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association … Video Rating: 0 / 5
www.wenatcheeidx.com MLS Number: 692151 Property Type: CommercialPrice: 2000 Sq. Ft.: 12000 Year Built: 1960 Lot Size: . City: Cashmere Address: 128 Cottage Ave Description: This profitable 12000 SF, landmark building, located in Cashmere, is ready to explode with business opportunity. The building has a full basement for storage and freezer, the main floor is equipped with full bar, kitchen, walk in fridge and dining area with a dumbwaiter running upstairs to another bar and full banquet facility. Perfect for any occasion! For more information on this listing, please contact: Listing Agent Howard Syria 509-670-8881 Broker CENTURY 21 Exclusively 877-582-6964 C21VN@aol.com Century21Exclusively.com Serving the Wenatchee, East Wenatchee and Leavenworth Area —————————– Are you a real estate broker and want to see your listings on YouTube? Call us at 877-700-2519, visit http or email sales@cevado.com. Search Results are Produced through the North Central Washington MLS IDX ProgramIDX (Internet Data Exchange) is a NAR Policy that allows brokers to post local MLS data on their own Web sites. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX program of the North Central Washington Association of REALTORS MLS. Real …
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www.wenatcheeidx.com MLSNumber: 694376 Property Type: Residential Price: 4500 Beds: 3 Baths: 1.75 Sq. Ft.: 1752 Year Built: 1993 Lot Size: 1.53 Acres Number of Acres: 1.530 City: Cashmere Address: 8115 Brender Canyon Rd Description: Wonderful home in the country with 1.53 acres of flat land. Enjoy gardening, horses, and awesome views from every direction. Minutes from Cashmere enjoy the quiet with outdoor recreation, elk and deer and QUIET. Large detached 4+ detached garage/shop. New flooring in the living room, wonderful slate floor in main bathroom and totally remodeled upstairs bedrooms. For more information on this listing, please contact: Listing Agent Debbie Chase 509-630-0235 Broker Coldwell Banker LaVigne 509-888-8887 info@coldwellbankerwenatchee.com ColdwellBankerWenatchee.com Serving the Wenatchee, East Wenatchee, Orondo and Leavenworth Area —————————– Are you a real estate broker and want to see your listings on YouTube? Call us at 877-700-2519, visit http or email sales@cevado.com. Search Results are Produced through the North Central Washington MLS IDX ProgramIDX (Internet Data Exchange) is a NAR Policy that allows brokers to post local MLS data on their own Web sites. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes … Video Rating: 0 / 5
City: Idaho Falls Address: 408 Shoup Ave Description: This historic building near city & county offices offers a well designed space for professional businesses such as attorneys, accountants, engineers, etc. There are 3) 465 sf private offices with attached assistant office, 2) individual 140 sf offices and a large, shared work area, 4) conference rooms and large reception / waiting area as well as a private entrance. For more information on this listing, please contact: Listing Agent Kevin Cutler 2085899820 Broker Sperry Van Ness High Desert Commercial 208-535-8520 douglas.page@svn.com SVNHD.com Serving the Idaho Falls, Idaho Area —————————– Are you a real estate broker and want to see your listings on YouTube? Call us at 877-700-2519, visit http or email sales@cevado.com. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Snake River Regional Multiple Listing Service copyright 2010. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.