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Commercial Property Market Report - Prince William County - December 2008

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Commercial Real Estate Agent

Commercial Property Market Report - Prince William County - December 2008

The Commercial Property Market Report for Prince William County is offered as a service of Michael’s Commercial LLC. The December 2008 market report is categorized by the commercial Prince William County Zoning Districts:

Commercial Property Market Report 1

Commercial Property Market Report 2

Legend:

  • B-1 (General Business District)
  • B-2 (Neighborhood Business District)
  • B-3 (Convenience Retail District
  • O(L) (Office Low-Rise District)
  • O(M) (Office Mid-Rise District)
  • O(H) (Office High-Rise District)
  • O(F) (Office/Flex District)
  • M-1 (Heavy Industrial District)
  • M-2 (Light Industrial District)
  • M/T (Industrial/Transportation District)
  • MIXED Commercial

*The data presented here is compiled from information provided by the Metropolitan Regional Information System.

The Commercial Property Market Report is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. He has been licensed since 1985 and a Broker since 1990. As a commercial real estate and business broker, he has earned the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Property Market Report – Prince William County – December 2008 – December 31, 2008

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Comments(6)

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Well Michael, It appears you have the inventory for a great 2009, but those absorption rates are somewhat discouraging...

Jan 01, 2009 11:38 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Paul: I think things are going to change in 2009. The calls are starting to pick up.

Jan 02, 2009 12:00 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Hi Michael -- It is going to be a challenging market in 2009!  We will see how the stimulus packages impact things in the next few months.  I know everyone is cautiously optimistic that things will start to move again.  All the best in 2009!

Jan 02, 2009 01:06 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Joan: Hopefully this will turn everything around in 2009. Thanks for your comment and for the visit.

Jan 02, 2009 03:28 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for your comments on my post.Hope you will have a better market in 2009.

Jan 05, 2009 10:36 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Gita: You're welcome! Hopefully things will start to look up in 2009. Thank you for stopping by.

Jan 06, 2009 01:14 AM
Anonymous
jonathan

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Jan 16, 2009 06:47 PM
#7