LWR Commercial Real Estate
Quote of the Day
“Change also means chance. We have the opportunity for selecting all different types of properties that may be coming to the market.” - Hiroaki Nishina, president of Orix Real Estate Corp., on the opportunities created by the subprime mortgage crisis’ global fallout.
The Commercial Real Estate market in Sarasota has been relatively unscathed by the subprime crisis, but that hasn’t stopped the media from distorting the state of affairs. Fortunately for commercial investment owners, their balance sheets have stayed stable and rents have yet to plummet as many would infer from their daily rag.
While most owners of cash flowing investment property in Sarasota are content to ride it out, this is a great time to be on the lookout for under-performing commercial properties. That includes newer retail centers, office projects and even flex warehouse space that came online and is only partially leased. The savvy commercial real estate investor knows if they can buy on the current cash flow there is tremendous upside.
If you’re looking for commercial property in the Sarasota, Lakewood Ranch, Bradenton area, give me a call to see how I can help.
