thurston county: Where have all the developers gone? - 07/08/08 04:39 PM
With financing hitting one of it's hardest times smaller builders have found themselves over leveraged and holding too many properties. Some have turned these into rental properties, some have given up and are losing the half completed homes to the bank and yet others are buying all the homes they can. … (5 comments)
thurston county: Wanna Make some Money? Must Read Entire Article. - 05/07/08 12:50 PM
Once again the growth management act has created headaches for the retail industry especially large end users in need of general commercial zoning or similar. Due to the state legislation of the growth management act many parcels have changed zoning to include high density corridor designations or mixed use densities. This … (1 comments)
thurston county: Listing Updates - Thurston/Lewis County - 04/16/08 10:25 AM
Okay well things have changed a bit since last posting an update on my active listings so I want to make sure I put as much information in here as I possibly can. 2225 Cooper Pt. Rd - Total of 12.75 acres with 5.3 acres developable. Difficult jurisdiction and setbacks on the … (0 comments)
thurston county: Olympia Washington and the Retail Debate - 10/29/07 10:24 AM
Will the ever changing Westfield Mall lose it's prized retail core status of Olympia within the next 10 years? Short answer - YES With new developments along the I-5 corridor approximately 10 miles North in the Hawks Prairie area, national retailers will begin making choices as to which location optimizes their visibility. Sure … (0 comments)
thurston county: Cap rates rising sharply!!! - 10/26/07 03:53 PM
As investors pulled out of the market sellers have been left holding the bag on NNN leases and other retail developments that had previously been selling in the 5-6% cap range. Now sellers are readjusting listed sales prices across the country as the amount of investors may have not changed but the … (0 comments)
thurston county: Updated Listings For Sale - 10/24/07 10:59 AM
Quick Update on Listings FOR SALE 12.75 acres at Cooper Pt. Rd. and Hwy 101 - $3,600,000 PENDING 8.99 acres at 93rd and Hwy 99 - $1,728,000 PENDING 39.1 acres on 93rd Avenue in Tumwater - AVAILABLE - recent price reduction $2,950,000 - will allow for 190 residential units in a clustered development. Colony Park … (0 comments)
thurston county: So you want a gas station huh? - 10/23/07 07:07 PM
Today I received a phone call from a prospective client who was in the pursuit of a dream job as a gas station owner.......don't laugh.......some of them do quite well. As we discussed a few of the listed stations (as most know everything in commercial real estate is for sale for the … (4 comments)
thurston county: Briggs Village Update - 10/19/07 01:20 PM
The 137 acre master planned community is getting closer and closer as each day passes to realizing the dream that the Briggs Family began back in 1991. Architects NBBJ initiated the first drawings of the master planned community in 1996 and finally with road improvements and the infrastructure in we are … (0 comments)
thurston county: Are you too serious? - 10/18/07 01:34 PM
Isn't it great when you receive 400 comments in one day on a meaningless blog? Or even better when you get 3 transactions started in one day based on a previous interaction with one individual? Have you ever wondered why when you are on vacation you receive more calls and typically do more … (11 comments)
Daily nonsense from Olympia Commercial Agent specializing in Land Development and Leasing. Sound Advisors LLC prides itself in following Foxhole Strategies in the Trusted Advisor Role. Washington Commercial Development and Leasing assistance. Olympia Commercial Real Estate Advice.
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With financing hitting one of it's hardest times smaller builders have found themselves over leveraged and holding too many properties. Some have turned these into rental properties, some have given up and are losing the half completed homes to the bank and yet others are buying all the homes they can.
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