The NAI Carolantic brokers recently attended a two-day regional NAI meeting to discuss current economic trends and additional ways to assist our clients. The meeting, held in Charlotte, was very productive and attended by over 80 NAI brokers from North Carolina, South Carolina, Tennessee and some from the DC area as well as New York. In networking with these NAI brokers, the general consensus was that there are some sectors of the market that appear to be trying to gain some traction. Most of this activity is user driven, and for properties that are both well located and reasonably priced.
This is consistent with what I see in the Triangle market and includes various types of owner occupied buildings. I believe activity has picked up and the market is looking for ways to be re-energized. If you have the need or desire to own your building, you can still get a deal done. Financing is available for owner occupied real estate including traditional bank financing as well as SBA loans. Couple that with available land parcels and favorable interest rates and it is a great time to purchase or build your own facility. Give me a call and let’s see if I can help you ‘gain some traction’ in handling your real estate needs.