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commercial: Article on Today's JEC Hearing on Commercial Real Estate - 07/09/09 01:49 PM
There was a hearing of the Joint Economic Committee (JEC) today on the following topic:
Commercial Real Estate: Do Rising Defaults Pose Systemic Threat?
Follow this link to the U.S. Congres JEC's Website for testimony and video: http://tr.im/rBH8

I also read a very nice opinion article from David Bodamer, Editor-in-Chief of Retail Traffic. It is worthy of a Re-Blog as it also offers links to several other press articles on today's hearing of the Joint Economic Committee. James Helsel, Partner, RSR Realtors, Harrisburg, PA and importantly Treasurer, National Association of Realtors(NAR)gave testimony as did the Associate Director, Division of Banking Supervision and Regulation, … (0 comments)

commercial: The Akron, OH Commercial Real Estate Market: Part 5 - You can quote me on that! - 01/07/09 03:53 PM
 Is this my 15 Minutes of Fame?
Hopefully not... but, I was pleasantly surprised to open the Winter 2008-09 issue of the Northeast Ohio Office Buildings Magazine and find that I had been quoted by Jay Miller in his Market Survey article titled "Surveying the Market: Uncertainty Finally Reaches Cleveland".  In this article Jay, the highly reputed Crain's Cleveland Business government and economic development reporter, accurately depicts Akron as an exciting marketplace for Commercial Real Estate brokers. He lists several positive happenings in and around Akron, most if not all have been lauded in my previous blogs. I was quoted by Jay as … (4 comments)

commercial: The Akron, OH Commercial Real Estate Market: Part 3 - 09/22/08 12:42 PM
Hello again! Welcome to part 3! If you missed the 1st two installments, follow their links at the bottom of the page.
Some more highlights of the happenings in the Akron, Ohio Commercial Real Estate Market are as follows:
Area Hospitals & Biomedical Corridor 
            There has been a tremendous amount of growth in and around each of the Akron, Ohio area hospitals over the last few years. Akron Children's Hospital, for one, has spent a reported 160+ million dollars over the last 5 years to grow its downtown campus. Many additional investments in the downtown Akron and surrounding suburban markets have come from Summa … (0 comments)

commercial: The Akron, OH Commercial Real Estate Market: Part 2 - 09/04/08 01:38 PM
Some of the highlights of the happenings in the greater Akron area are as follows:
 Goodyear Tire & Rubber Company - New HQ 
            The tire and rubber giant, Goodyear Tire and Rubber Company's commitment to staying in Akron by having their new World Headquarters constructed along with the adjacent proposed retail and hotel development is terrific for the city and surrounding areas. This will be made possible by an unusual public-private partnership. A California based real estate investment group will take over Goodyear's current buildings and in turn erect a new headquarters building, along with additional commercial space, and then lease the … (1 comments)

commercial: The Akron, OH Commercial Real Estate Market: Part 1 - 08/08/08 10:44 AM
            As most of you know from personal experience, or through the constant barrage of negative press, the Commercial Real Estate Market in general has been rough for the past year or two. Some so called experts are not calling for much of a turn around until at least the 3rd or 4th quarter of 2009.
            I on the other hand, along with the other agents at NAI Cummins Real Estate, choose to look at this market as a great opportunity for those businesses looking to upgrade or expand their current facilities. Lease rates and sale prices are about as … (5 comments)

 

Mark Stacy

Akron, OH

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NAI Cummins Real Estate

Address: 787 White Pond Dr., Suite A, Akron, OH, 44281

Office Phone: (330) 535-2661 x 142

Cell Phone: (330) 714-6169

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