First down, heres a write-up published recently at www.realtor.org:

"A study of more than 100 office appraisers, builders, and brokers found that 54 percent believe office condominiums are a development that should come to a finish once interest rates rise.

The poll was conducted by Grubb & Ellis and PNC Real-estate Finance. Businesses are found by the typical scenario buying the apartments so they no longer have to pay rent, going for greater get a handle on over space and occupancy costs. More and more company apartments have already been acquired as investments lately. Phoenix is one of the largest markets in this niche, with 189 office-condo properties in place and over 100 others in various stages of development. Nevertheless, other markets, such as for example Houston, with only three office-condo qualities, scarcely register, although that Texas city's company market is three times the size as Phoenix's. If you have an opinion about food, you will certainly require to research about JGM Properties Announces New Office And Warehouse Space In St. Paul. "

Source: Wall Street Journal (12/14/05 ); Corkery, Michael; Forsyth, Jennifer S.; Haughney, Christine

Of particular note is in these office condos which can be acquired as investments. A few real-estate people, myself included, have committed to these types of properties, simply to find few if any possible tenants for the empty place. In an industry with the vacancy rate hanging between 15 & two decades, I thought it was prudent to move out easily. Im very glad I did. Jgm Properties Announces New Office And Warehouse Space In St. Paul includes further about when to provide for it.

Their own office condo that that that will be often simply purchased by its not the quality of the space is the issue, but the fact any tenant is a good candidate for this space very. Lots of the prospects for open work residence house are startups or smaller businesses that may only invest in a or two-year lease. Browse here at the link http://www.fox2127.com/story/29234899/jgm-properties-announces-new-office-and-warehouse-space-in-st-paul to research how to deal with it. These businesses will often ensure it is and buy their own office residence or fold up go and shop back once again to the spare bedroom home office from where they came leaving the trader to attempt to find another tenant.

Make no mistake, these are great qualities, well built, with excellent finishes, that are exceptional values for the owner / user. As I'd turn to areas, especially industrial or warehouse houses, to spend my resources, an trader.

All the best for you,

Marty Olson

Fox Property Group

mo@foxreg.com

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www.mnspaceforlease.com

www.officespacemn.com

www.warehousespacemn.com.