Let’s Talk What It Takes to Sell a Property
There is a misconception that selling a commercial property is as simple as putting a sign in the ground and waiting for the offers to roll in. The reality is far more involved. In fact, the moment your property is listed, that’s when an agent’s real work begins. I’m a firm believer that proactive […]
Let’s Talk Industrial Vacancy in Spartanburg, SC
Why Small Industrial Spaces Are the Hottest Commodity in Spartanburg County When discussing industrial vacancy rates, the conversation often begins with a single, aggregated number. In reality, grouping a 2,000 square foot owner-user space with a million square foot distribution center can lead to a flawed understanding of the market’s true dynamics. The demand and […]
Let’s Talk the Port of Charleston (And How It Impacts You!)
Charleston’s Port Just Got Deeper: Why the 52-Foot Milestone Matters The Port of Charleston has officially completed its long-awaited deepening project, making it the deepest harbor on the entire East Coast. A New Era for Shipping After a monumental effort spanning over 12 years, the port’s depth has been increased from 45 feet to a […]
Let’s Talk How Spartanburg SC is Leading the Nation
Spartanburg’s Industrial Real Estate Market is Leading the Nation A new article from Costar confirms what many in the Southeast have been feeling: the Spartanburg, South Carolina industrial real estate market is officially leading the nation in recovery and growth. This impressive performance is a testament to the region’s economic resilience and strong demand for […]
Let’s Talk When a Deal Goes South
Navigating a Real Estate Deal Gone South In the complex world of real estate, not every transaction proceeds smoothly. Sometimes, despite the best intentions, a deal can “go south.” This might be due to unexpected findings during due diligence or a sudden change in circumstances for one of the parties. While some situations are beyond […]
Market Report
Every quarter, we release a market report that covers what we think are the MOST important thing for industrial real estate owners and tenants to know in the Upstate. If you are interested in receiving a copy of our latest quarterly report, reach out at emma@mcdanielandco.com
How to Know If It’s Time To Sell A Property
How to Know If It’s Time to Sell a Property Deciding when to sell an investment property isn’t always obvious. Here are a few signs it might be time to make a move: 1. Property Performance Isn’t Meeting ExpectationsIf you’re dealing with frequent tenant turnover, disappointing tenants, or inconsistent cash flow, it might be a […]
Let’s Talk The One Question I Ask Every Seller
The One Word Question I Ask Every Seller When I sit down with a property owner who’s considering selling or leasing, the conversation usually starts with the obvious: they no longer need the building, or they’re facing a vacancy. On the surface, that’s the “what” of the situation. But the real insight comes from a […]
Let’s Talk Construction Costs
Let’s Talk Construction Costs (And What That Means for Your Property) Over the last five years, construction input costs have risen by more than 40%, according to the Producer Price Index (PPI). When costs climb this quickly, fewer projects get built. Layer in higher interest rates, and it becomes even harder for developers to make […]
Let’s Talk Off Market Properties
What is an Off-Market Property? An off-market property is one that can be purchased but isn’t being publicly advertised. Typically, a broker or investor connects with an owner who’s open to selling. The broker then presents the property to their network of buyers to see if they can generate an offer. There are several reasons […]