Buckhead Brokers Commercial, REALTORS®

According to Douglas Sams of Atlanta Business Chronicles in the Friday January 23rd print issue the small foreign investors who have been absent since the 90's are coming back to buy commercial real estate in the United States and specifically in Atlanta area.

He explains that "... They are looking for U.S. real estate at bargain prices. And, as they have in other downturns in the early 70's and late 80's, they will hope to benefit from being among the few movers and shakers in the investment game amid a shortage of U.S. capital. The euro is also stronger than the U.S. dollar ? another reason some European investors may have incentive to buy American commercial properties."

To read the entire article please click here. >>>Read More

In a recent article Michael Kanell of Atlanta Journal & Constitution has reitirated the well known fact that Real Estate is a crucial part of the Economy- Specially in Atlanta.

Here are few highlights of the same article:

"... It?s not that new home sales alone cause economic recovery and heated-up hiring. But real estate activity is one clue used by the National Bureau of Economic Research ? the semi-official arbiter of recessions ? in dating the start and end of recessions."

"... Unemployment generally doesn?t hit a peak until after the recession is over, said Mark Vitner, senior economist with Wachovia Corp. ?New home sales are somewhere between a leading and coincident [or concurrent] indicator, while the unemployment rate is a lagging indicator.? "

"... It is natural for a rise in new home sales to be one of the signs that things are getting better, said Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University."

To ready the entire article by Michael Kanell of AJC Please clieck here. >>> Read More

SANDY SPRINGS, GA- As reported by GlobeSt.com the City of Sandy Springs has acquired a 96,213-square-foot site at 235 Johnson Ferry Road to serve as the site of its future City Hall. The 7.7-acre site was purchased for $8 million from Target Corp., which recently vacated the location to relocate to a center half a mile south.

Because of today?s soft retail and commercial real estate markets, city was  able to negotiate an attractive purchase price that would have been unimaginable a year or two ago.

Plans for the new City Hall are still in preliminary stages, with no approximate value, groundbreaking or construction timetable set. It is unknown whether or not the city?s current office locations at 7840 Roswell Road within Morgan Fall Office Park will remain occupied by the government after the new buildings are completed.

Hello,

Thank you for visiting our website and reading our Blog.

We intend on posting articles in this Blog space to bring our business philosophy to life.

Namely to Maximize Value, Minimize Risk and Accelerate Transaction Veloicity  for our clients.

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The managment of Buckhead Brokers Commercial, REALTORS.