Jackson Hole: New Office For Lease - 05/20/09 06:45 PM
690 South Highway, Jackson, WY
The building will be complete and ready for occupancy in September 2009. Designed by Steve Dynia, the building will be anchored by a family style Italian restaurant on the ground floor. The building offers tremendous natural light with floor to ceiling glass walls providing views to the south, east, and west.
There is a retail unit still available on the ground floor, providing a tenant maximum exposure to the corner of South Highway 89 and Meadowlark. On the second floor, available office suites range from 735 square feet to as large as 2,746 square feet. Lease … (3 comments)

Jackson Hole: Town Square Office For Sale - 05/20/09 06:20 PM
Located at 36 East Broadway in downtown Jackson, this building is located on the south side of the Town Square. The building has been turned into a commercial condominium, and the unit offered here is on the top floor and contains 2,545 square feet. The space has been previously used as a day spa and as offices for an landscape design company. The unit is offered for sale at $1,081,000.
For further information, or to learn more about the Jackson Hole commercial market, please contact:
Tim BradleyOwner/BrokerContour Investment Properties220 East BroadwayPO Box 1152Jackson, WY 83001(307) 733-6400www.contourproperties.com

Tim Bradley is … (0 comments)

Negotiate it in the Offer! - 05/15/09 11:38 AM
 
Some great advice on writing commercial lease offers... Thanks Brian.
 
Via Brian Madigan LL.B. (Royal LePage Innovators Realty):
Negotiate it in the Offer!  
By Brian Madigan LL.B.That's simple enough advice. It's easy to follow. And, no one gets hurt.So, what's the problem? No one wants to do it. It's too costly, it's too time consuming and it's too much trouble.OK, if you're going to take that approach,then you'd better leave yourself some "outs".The best time to negotiate with the Landlord is now, before you sign anything, and before you move in. Afterwards, it's often too late.What can you get … (5 comments)

Jackson Hole: Richest County in the United States - 05/11/09 01:01 PM
The federal government recently released its annual rankings of the most affluent counties in the United States. There are two different reports, and both put Teton County, Wyoming at the top.
The first report is from the Internal Revenue Service, which uses the income reported on tax returns as their data source. The second report is the Bureau of Economic Analysis, which takes in data from a variety of sources, including the value of real estate. Both reports conclude that in 2007, Teton County was the wealthiest county in the United States, when measured on a per capita basis.
Manhattan (NYC), … (4 comments)

Jackson Hole Retail Market April 2009 - 05/10/09 04:48 PM
The retail market in Jackson can be broadly defined as consisting of four areas: Town Square, Downtown Local Retail, Highway, and Strip Center. The market standard in Jackson is to quote retail rents on a NNN (triple net) basis, with the rental figures given as an annual amount per square foot. NNN expenses currently range from $3.00 to $7.00 per square foot per year, depending on the age and efficiency of the building.
Town Square
The Town Square submarket consists of those retail properties lining the Town Square, and those within a block of the Square along either Broadway, Cache Street, … (0 comments)

Sushi in Wyoming? Right. - 05/10/09 01:55 PM
Really, there is.
I became a sushi connoisseur many years ago when I was dating a Japanese woman. My wife and I just returned from a visit to Seattle and Vancouver, where good sushi is abundant. Here in Wyoming, you have to look a little harder.
In Jackson Hole, I personally recommend Masa Sushi (in the ski village), Nikai Sushi on North Cache street, and Blu Kitchen on Glenwood. Masa is the most traditional, while Blu is locally famous for their French/Asian fusion inventions. All are simply outstanding! Try the truffle fries at Blue for an appetizer.
Call me if you … (10 comments)

Six Year Old Tornado - 05/10/09 01:34 PM
My twin six year old nieces were here for a few days visiting, while their parents drove down to Denver to take in a Greatful Dead show and some well deserved vacation time. They all piled back in the car this morning and headed back to Montana.
I need a nap.
My father used to pat his belly and say "I look pretty good for a man who's had four children". He was careful to never say it within reach of my mother, and now I know why!
Happy Mother's Day to all you hardworking moms.
Tim Bradley is an owner … (4 comments)

Highway Clean Up Day - 05/08/09 10:04 PM
Tomorrow is our Rotary-sponsored Highway Clean Up Day! Jackson Hole is an amazingly beautiful place, but you wouldn't always know it after the snow has melted and the sides of the highway are littered with a winter's worth of trash. Rotary organizes this annual event, and we get a great turnout from the town, with hundreds volunteering to pick up trash along the roadsides. We spend a morning picking up and bagging hundreds of garbage bags, then head for the Town Square for a hamburger cookout. The food's free, and the morning spent together in fellowship brings us all together once … (1 comments)

Checking Commercial Tenant Creditworthiness - 05/08/09 05:54 PM
 
Do you check your tenant's credit before leasing?
You should. Besides following up on references, requiring a letter of credit or substantial security deposit, you can use credit reference companies to help vet your potential tenants. One such company is CreditNetworkSystem.com, and I'm sure there are many others. Checking for complaints with the Better Business Bureau is also a good idea.
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as … (0 comments)

Wyoming Property Tax Protest Procedure - 05/08/09 09:59 AM
 
If you own property in Wyoming, you should have received your property tax assessment recently. All property is valued by the assessor as of January 1 of each year, and the assessment is mailed to the property owners in March and April. If you disagree with the assessor's opinion of value, you have 30 days from the date of the postmark on the assessment to file a written statement with the County Assessor specifying the reasons you feel the property is incorrectly valued.
It is worth your while to look at the assessment closely, and to ask to see the … (2 comments)

10 Year Overview of Home Sales Volume in Jackson Hole, WY - 05/07/09 10:56 PM
Here's an overview of how house, condominium, and vacant lots sales have trended in Jackson Hole, WY for the past ten years.
We had a peak in the market in terms of the number of sales in 2005, and the market fell off a cliff in 2008. In another blog, I'll present the total dollar volume of these sales. So far, 2009 has remained very slow, with only a handful of closings. This summer will be a telling time in Jackson, as the summer and fall are historically the strongest time for real estate closings in Jackson.
Tim Bradley is an … (1 comments)

I'm thankful for Springtime! - 05/06/09 11:48 PM

Photo taken by May 6, 2009 by Tim Bradley, all rights reserved and may not be reproduced without the express written permission of the photographer.
Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
Tim BradleyOwner/BrokerContour Investment Properties220 East BroadwayPO Box 1152Jackson, WY 83001(307) 733-6400www.contourproperties.com

  … (3 comments)

 
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Tim Bradley, CCIM Jackson Hole, WY Commercial Real Estate

Jackson Hole, WY

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Contour Investment Properties

Address: 172 Center Street, Suite 200, P.O. Box 1152, Jackson, WY, 83001

Office Phone: (307) 733-6400

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Random musings by Tim, as well as a place to learn about the commercial real estate markets of Jackson Hole, Wyoming, presented by Contour Investment Properties



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