The national real estate firm Calkain specializes in net lease real estate, often called single tenant or NNN properties. Given their national base, they are able to collect a lot of great data on recent sales activity on these unique assets (like drug stores, banks, dollar stores, etc.). The most common barometer is of course…
If you could get a 30% annual return on investment for the next 20 years and get all your money back in about three years, starting tomorrow, would you do it? Of course you would! But how? The answer: ditch all of the light bulbs in your house and replace them with LED bulbs. While…
The rout the January stock market experienced was the worst start for the market in history! What does that mean for commercial real estate? Is that the next asset class to tumble? The stock market absolutely impacts commercial real estate, sometimes negatively and sometimes positively, depending on several factors. Unlike the lightning reaction time…
In the past thirty something years I have had both the pleasure and horror of having met, interviewed, negotiated, and worked with countless retailers. For the most part their ranks are filled with ambitious and optimistic sorts that somehow can not only eek out a living, but can prosper and grow into admirable operations. Through…
The following excerpt is given by N. Edward Tamer, Senior Vice President of Grandbridge Real Estate Capital. Long term non-recourse fixed interest rates are priced on a spread over the corresponding 10, 15, 20 or 25 year treasury rate. As the treasury rates have moved down, spreads have increased significantly. 10-20 year fixed rates are now in the…
We’re so excited to announce that the McCorkle team brought on a new team member. Her name is Lucy, she has a degree in animal behavior from University of Georgia (the BullDOGS). She is in charge of client relations, office morale, and being distracting in the best way possible. She’s young, but she show’s great…
8 most over-used terms (and biggest fabrications) in commercial real estate! “trophy” property – since when did a Taco Bell or Wendy’s become a trophy property! “irreplaceable real estate” – that’s a pretty high standard for a gas station site! “location location location” – please, never use those words together like that! “once in a…
Happy Fourth of July! A time to celebrate America, freedom and our country’s history with a bunch of pyrotechnics! Here are some of the biggest and loudest ways to celebrate in the country!
Every year the leading national commercial real estate data research firm CoStar culls through its vast data and selects the top commercial real estate deal makers and awards them with their coveted “Power Broker” designation. They again selected Dougall McCorkle, along with a very select few other professionals, as being the Southwest Florida’s best…
One of Southwest Florida’s more unique retail venues, Flamingo Island Flea Market, recently was sold for $8.5 million. The deal was represented and brokered by Dougall McCorkle of Premier Commercial and Michael Lynch of MLPA Realty. Flamingo Island was first developed over 15 years ago and has since had a strong history of consistent…