Best Places To Buy Commercial Real Estate in 2020

Key Takeaways

The commercial real estate market, not unlike the single-family housing and residential markets, is subject to cyclical trends. Investors are constantly on the lookout for how these trends might affect their individual markets for the foreseeable future and asking themselves: what are the best commercial real estate markets? These ever-changing trends and their impact are what drives an investor’s strategy on how they will edge out their competition. In order to better understand the current and upcoming commercial real estate market trends, it’s also important to review the trends that brought us to where we are today.

Understanding Today’s Commercial Real Estate Market

The real estate market has proven to be a reliable and successful wealth-building tool for investors in recent years and was expected to continue its growth in 2020. However, as the effects of the COVID-19 crisis have spread throughout the country, many are concerned

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Commercial real estate flounders as housing market booms

The rise of Zoom (ZM), Slack (WORK) and other productivity tools has made it easier for people to set up home offices and still get their jobs done. Meanwhile, Amazon (AMZN) and other digital retailers are flourishing amid the Covid-19 pandemic as the shift from bricks to clicks has accelerated.

“There will likely be less demand for commercial real estate due to the rising popularity of online shopping and working from home,” said Ivy Investments global economist Derek Hamilton in an e-mail.

That’s why giant corporate real estate firm Brookfield Property Partners (BPY) said it will lay off 20% of the 2,000 employees in its retail arm, which owns malls and other shopping centers that include Tysons Galleria in Virginia and the Grand Canal Shoppes at The Venetian Resort Las Vegas.

According to an internal e-mail obtained by CNN Business Tuesday, … Read More

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Commercial Real Estate Valuation: The Best Approaches

Whether you’re a seasoned real estate investor or a commercial appraiser, it’s important to understand how to value commercial property. The value of commercial property plays a key role in determining how the asset will perform as part of a portfolio.

This being said, the post below covers approaches to commercial real estate valuation, including the quickest and easiest values to determining a property’s value. Keep reading to learn more.

Commercial Real Estate Valuation

Calculating commercial property value is much different than calculating the value of residential real estate—even for the most adept appraisers.

With residential, most appraisers can look at comps in the neighborhood as a baseline, then add or subtract to a property’s value based on specific criteria like square footage, number of bedrooms, and so forth.

CRE valuation is a whole different ball game, however, and is a much more complicated beast. Yet, it’s still invaluable to

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Commercial Real Estate | Howard Hanna

Hanna Commercial Real Estate (Hanna CRE) is a full-service commercial real estate company with offices in Cleveland, Pittsburgh, Rochester, Buffalo, Albany, and Allentown. Hanna CRE offers services throughout the United States and internationally.

Our commercial real estate services include:

  • Office Leasing and Sales
  • Retail Leasing and Sales
  • Industrial Leasing and Sales
  • Investment Services (including multifamily, office, industrial, hospitality, institutional)
  • Land Services (including build-to-suit, site acquisitions, land leases, sales)
  • Third-Party Leasing
  • Tenant & Landlord Representation
  • Corporate Services
  • Property Management
  • Auction Services
  • Distressed Asset Solutions
  • Market Research
  • Acquisitions & Dispositions
  • Consulting

Our Commercial Real Estate Brokers

Whether you need to buy, sell, or lease a commercial property, our experienced real estate professionals are here for you. The Hanna CRE team members are committed to their clients – they remain accountable, reliable and accessible at all times. These professionals maintain individual certifications

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Survey: Commercial Real Estate Recovery to Accelerate

While commercial real estate has been dealt a debilitating blow because of the pandemic, there are glimmers of hope that a significant recovery may soon take hold. The Urban Land Institute’s Real Estate Economic Forecast, which was released Tuesday during ULI’s virtual 2020 fall conference, shows that the industrial and retail sectors are particular bright spots that are expected to rebound strongly over the next couple of years. A panel of experts at the virtual meetings sounded off on where they see commercial real estate heading.

Industrial is the “star” of commercial real estate. Total annual returns for the sector are projected to be 4.5% in 2020, 6.2% in 2021, and 10% in 2022, according to the ULI survey, which includes insights from more than 30 economists and analysts at the nation’s leading real estate organizations. The flourishing segment of e-commerce storage is expected to continue to surge, said Suzanne

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Why The U.S. Commercial Real Estate Bubble Is About To Burst

In the summer of 2019, I wrote a Forbes piece in which I warned about the U.S. commercial real estate bubble that was inflating and why I believed that it would end badly. Around the same time, I wrote another Forbes piece warning that there was about a two-thirds probability of a powerful recession within the next year and that U.S. commercial real estate was one of the bubbles that would burst as a result. In the current piece, I will explain why the U.S. commercial real estate bubble is likely to burst in the near future as a result of the coronavirus pandemic-induced recession.

As a result of the Federal Reserve’s stimulative monetary policies, U.S. commercial property prices have more than doubled since their 2009 low:

Ultra-low interest rates encouraged a borrowing boom in which commercial real estate loans at U.S.

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Baton Rouge Commercial Real Estate on LACDB

Retail-Commercial For Lease

Baton Rouge, LA 70815

18,800 SF, $6 PSF (Annual)

For Sale - Former Dillard's Car Care Center

Retail-Commercial For Sale

Baton Rouge, LA 70815

18,800 SF, $500,000

Former Dillard’s Corporation owned car care center. Great building for an owner occupied, warehouse/office operation. Located at the corner of …

Office-Warehouse- New Roof in 2019

Office For Sale

Baton Rouge, LA 70808

3,472 SF, $215,000

Property Features
• Two-story concrete office building
• Previously used as a call center
• Fiber optic lines & Underground phone line
• Warehouse …

Mercantile Office Park

Office For Lease

Baton Rouge, LA 70809

2,688 SF, $23.50 PSF (Annual)

Office Building –

AVAILABLE FALL 2020! Dantin Bruce Development is now building their last building in the Mercantile Office Park located on Bluebonnet Blvd. between …

10710 Greenwell Springs Road

Retail-Commercial For Lease

Baton Rouge, LA 70814

16,799 SF, $9 PSF (Annual)

16,799 SF Stand Alone Building Available For Lease. Site has Excellent Visibility from the Main Highway. Building also has loading dock in

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Wichita Commercial Real Estate on KSCRE

Retail-Commercial For Lease

Wichita, KS 67226

1,600 – 5,200 SF

– 37,701 vehicles per day at the 29th and Rock Road intersection
– 124′ of North Rock Road frontage
– .22 miles from Highway K-96
– Charlie’s Car …


Industrial For Lease

Wichita, KS 67207

6,500 SF, $6.50 PSF (Annual)

Pre-engineered office/warehouse flex space with dock doors and great ceiling height.

Each space features and 8’ x 8’ dock door and 12’ x 14’ …


Vacant Land For Sale

Wichita, KS 67205

36,606 SF, $288,000

Excellent development opportunity located at signalized intersection of Ridge and 29th Street.

Easy access to K-96 and other major arterials in …

Medical Offices FOR SALE

Office For Sale

Wichita, KS 67226

12,165 SF, $850,000 – 2,130,000

Like new medical office building with class A office finishes. Excellent highway access and visibility to K-96. The 7,200 s.f. fully occupied by Via …

N. Broadway Retail/Service With Outdoor Sales & Storage

Industrial For Sale

Wichita, KS 67219


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Is It Ever Too Late to Become a Real Estate Investor?

As a general rule, the earlier in life you invest, the more opportunity you’ll give yourself to grow wealth. That applies whether you’re buying stocks, bonds, or real estate. But if you’re wondering whether there’s a cutoff age for the latter, the good news is, there isn’t. You can actually invest in real estate at any stage of life. But your approach might differ if you’re older.

Investing in real estate at a later age

When we talk about investing in real estate, there are several avenues to take. You can:

All of these are feasible at any age, so let’s explore each one. And let’s also assume you’re older — old enough to be retired, in fact.

Buying an income property

Becoming a landlord can be a full-time job, but if you no longer have a job, you might have the time to buy an income property and oversee

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Metairie Commercial Real Estate on LACDB

Office For Lease

Metairie, LA 70002

1,700 – 2,601 SF, $18.50 – 19 PSF (Annual)

Office Building –

BUILDING RECENTLY RENOVATED: Abundant parking, centrally located in Metairie, between Causeway and Clearview, Landlord will configure all spaces to …

North I-10 Service Road and Edenborn

Vacant Land For Lease

Metairie, LA 70003

41,040 SF, $3.50 PSF (Annual)

Hospitality, Office –

High visibility location at the corner of North I-10 Service Road and Edenborn (between Causeway and Clearview). Easy access to Causeway Bridge and …

White Water Creek Shopping Center

Shopping Center For Lease

Metairie, LA 70003

1,654 – 3,530 SF, $13 – 15 PSF (Annual)

Whitewater Creek Retail Center offers modern retail space in Metairie LA for lease on Veterans Blvd, near Lafreniere Park and David Drive.

*$2,500 …

3621 Ridgelake Drive–Metairie Office Space

Office For Lease

Metairie, LA 70002

1,017 SF, $16.50 PSF (Annual)

Office Building –

Offices have been built out with upgraded finishes. Granite kitchens, ceramic tile and wood floors in many suites, hardware

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