Let’s Talk Industrial Cap Rates
Let’s Talk Industrial Cap Rates, Spartanburg County The chart in the video shows the average cap rate trends in Spartanburg County from 2015-currently in 2025. The lowest cap rate during this time period was 7.4% in 2022 and the highest was 8.7% in 2024. How much does a 1.3% difference in cap rates […]
Does Curb Appeal Matter for Commercial Real Estate?
How much does curb appeal matter for commercial properties? It does matter! But the extent depends on the type of property and also the comparable properties in the market. Office and Retail- Curb appeal matters. Tenants are more attracted to buildings with nice landscaping and a building that has updated features. Industrial- Curb appeal […]
Let’s Talk From Dirt to Development
https://youtube.com/shorts/fKvHA6LAuwg Let’s Talk from Dirt to Development A few years ago, I had the idea of developing a flex building. I wanted to understand the process from start to finish as an additional tool to add value for my clients. What better way to learn than to go through the process yourself? Here’s the top […]
Let’s Talk Industrial Market Report
Every quarter, we release a market report that covers industrial real estate trends in Spartanburg County! The Q1 2025 report discusses how the demand for industrial varies depending on the size of the building and highlights important trends such as price per square foot, average cap rate, vacancy rates etc. If you’d be interested in […]
Let’s Talk Qualifying Buyers
Let’s Talk Qualifying Buyers If you receive a few offers on a property, which one should you choose? While price and terms are important, it’s also critical to ask the right questions to determine how likely a buyer is to close on the property. A good broker will ask some qualifying questions such as Why […]
Let’s Talk Leases
Let’s Talk Leases! Tenants and landlords often focus on the base rent, but the lease terms are also very important! This video breaks down the difference between an absolute gross lease and a net lease and why most leases are somewhere between the two extremes. An absolute gross lease is when the landlord pays for […]
Let’s Talk How Overpricing a Property is a Mistake
Why Overpricing Your Property Can Be a Mistake When you first list a property, there’s a crucial window—typically the first few months—where you’ll see the highest level of interest. During this time, the listing feels fresh and exciting, attracting potential buyers. However, overpricing your property can cause you to miss out on this valuable marketing […]
How You Can Sell Your Property for Top Dollar
Maximize Your Property’s Value! When selling commercial real estate, it’s important to start the process off right. Here are a few tips on how to sell a property for top dollar. Start the Conversation Early with Your Broker It’s crucial to connect with your broker early in the process. Your broker can help guide you […]
Industrial Real Estate in 2025: A Look Ahead for Spartanburg County
The industrial real estate market in Spartanburg County has experienced significant growth in recent years, with a substantial amount of new inventory added to the market. As we look ahead to 2025, there are several key trends to keep an eye on. Vacancy Rate Outlook By the end of 2025, the industrial vacancy rate is […]
A Year In Review- Commercial Real Estate, Spartanburg SC
In my last blog, I covered how commercial real estate in Spartanburg is performing compared to average US commercial real estate trends. You can read my previous blog here As 2023 is coming to a close, here is a review of how each major asset class has performed so far this year in Spartanburg, S.C. […]
