5 Things to Consider When Buying Land for Commercial Real Estate

When you buy a house, sometimes an existing home is a great investment because of its location, amenities, and move-in-ready condition. Other times, it pays to buy a lot in an up-and-coming neighborhood and build to suit your tastes and needs. The same goes for commercial real estate investment. Depending on the nature of the… Read more »

Exciting Developments: Asheville MSA Q1 2024 Commercial Market Report

Featured Listing (see below): 160 & 164 Broadway Street, Asheville Commercial Real Estate Insights With the new year underway, Asheville embraces change and growth with exciting developments that are transforming the city’s landscape and enhancing its appeal for both residents and visitors. Three newly opened hotels in Asheville are breathing new life into the city’s… Read more »

Office Property Showcase: 160 & 164 Broadway Street in Asheville

Strike the right note at these dual properties with many possibilities! 160 & 164 Broadway Street, Asheville | 29,660 SF | $47,433.00 per month (NNN) An incredible opportunity to occupy 160 and 164 Broadway Street in downtown Asheville, the longtime location of the Moog Music headquarters. The existing tenant will be relocating, creating an opportunity… Read more »

Missing Middle Housing: What’s Missing and Why We All Should Care

Did you know there’s a middle ground between cramped apartment-style living and midcentury suburban neighborhood sprawl. It’s called the Missing Middle, and it’s been getting some attention lately—especially here in the Asheville MSA. Today, let’s look at what the Missing Middle is, what benefits it offers, and what it would take to have more of… Read more »

Press Release: NAI Beverly-Hanks and Allen Tate/Beverly-Hanks Close on 644-Acre Property in Henderson County

FOR IMMEDIATE RELEASE: NAI Beverly-Hanks and Allen Tate/Beverly-Hanks Close on 644-Acre Property in Henderson County February 21, 2024 (Asheville, NC)—Allen Tate/Beverly-Hanks, REALTORSⓇ, the leading real estate company in Western North Carolina, has sold a 644-acre property in Henderson County known as “Horse Shoe Mountain”. The property closed today for $15 million. Horse Shoe Mountain was… Read more »

A Year of Change and Growth: Asheville MSA Year-End 2023 Commercial Market Report

Commercial Real Estate Insights As we wrap up 2023, we reflect on a year of dynamic change and growth in Asheville’s business landscape. We’ve seen the flourishing of new ventures, the closure of beloved establishments, and the continued evolution of our city’s real estate and development scene. In the River Arts District, the Radical Hotel… Read more »

3 Ways In-Store Retail is Different This Holiday Season

Cue the power walkers and toothpicked orange chicken samples. Everyone is flocking to shopping malls this holiday season! From teens hanging out with friends to professionals buying into “quiet luxury” trends, in-store retail is attracting consumers across age and income spectrums. But this year’s holiday shopping season may not look like it did in years… Read more »

Industrial Property Showcase: 15 Burrell Avenue, Brevard

Many possibilities await at this vacant warehouse with possible grant opportunities! 15 Burrell Avenue, Brevard | 41,600 SF | $2,700,000 Do not miss out on this highly flexible 41,600-square-foot warehouse and manufacturing facility. Whatever goals you have for a space this size, you can achieve them here. If your plan for the space involves creating… Read more »

A Focus on Sustainability: Asheville MSA Q3 2023 Commercial Market Report

Commercial Real Estate Insights Sustainability is a key theme in our city, and it was a hot topic for 2023’s quarter three. Additionally, several transformative projects and initiatives are set to shape the future of the city. One of the most significant developments was the approval of “Project Aspire” in Downtown Asheville. A collaborative effort… Read more »

We’re Still Open and Ready to Serve!

Starting this month, Allen Tate/Beverly-Hanks’ downtown Asheville office is undergoing renovations. While construction is affecting where some agents are doing business, it is not affecting the quality of the business we do—especially here at NAI Beverly-Hanks.  Here’s what you need to know about current office renovations. What’s Happening with These Office Renovations? Our residential partners… Read more »