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Lock-In Now! Tenant Representation

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Commercial Real Estate Agent with Sperry Van Ness

Lock-In Now! Tenant Representation
By Miguel de Arcos


Historic Market! That seems to be the consensus among commercial real estate professionals regarding our current position. The next 6 months will be one of the most opportunistic buying periods for investors and users. This downward pressure on real estate values and the growing job losses are creating tremendous stresses for landlords and opportunites for those businesses who are surviving and thriving right now.

Is your business predictable(to a certain degree) over the next 3 to 5 years? If so, now is the single BEST time for you in the next 20 years to take advantage. Where is your rent now compared to where it could be if you renegotiated or relocated? We are at the very bottom of a huge dip in the real estate cycle and those businesses that position themselves to take advantage NOW, will save tens of thousands over the long haul. It is my opinion that real estate rents will sky rocket in the next 3 to 5 years; below is my reasoning...

Here are 4 reasons to consult your Sperry Van Ness Tenant Representative TODAY:

1. Population Growth. Expected to double in certain markets over the next 15 years. This will create new demand.

2. New Construction. Has come to a grinding halt the last couple years and will remain well below historic levels for the next year or so during this cyclical downswing. When hiring resumes demand will outpace supply, pushing rents up.

3. Occupancy Levels. Rates were already at all time highs before the bust. Considering the items above, when the economy rebounds demand will quickly outpace supply, pushing rents up.

4. Government Spending. Spending is at historic highs. This will lead hyper-inflation. Landlords will have to raise their rates to new levels not yet seen to compensate.

Conclusion: Assess your leasehold or ownership position now and let Sperry Van Ness consult you on the best course of action for your business over the next 5 to 10 years.

All the Best!

Miguel de Arcos
Managing Director

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