Category: Commercial

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 »

By all accounts, industrial real estate is a hot commodity right now. Massive growth in e-commerce has triggered record-high pre-leasing rates. Some are even calling this the “golden age” of industrial real estate. But do you know what else is hot right now? The planet.  Consumers concerned about global climate change are focused more and… Read more »

FOR IMMEDIATE RELEASE: Local Commercial Brokerage Renews Global Partnership NAI Beverly-Hanks renews their partnership with NAI Global and remains dedicated to assisting clients with WNC commercial needs. August 19, 2022 (Asheville, NC)—NAI Beverly-Hanks, the commercial arm of Allen Tate/Beverly-Hanks, REALTORSⓇ, has renewed their affiliation with NAI Global through 2027. The national affiliation allows NAI Beverly-Hanks… Read more »

Since the Industrial Revolution, office spaces have become synonymous with the working class. We even have movies called “Office Space” and a long-running series about “The Office.” (We’d like to see Hollywood do that with “The Industrial.”) But as the 21st century continues to develop, the office as we know it may drastically change. If… Read more »

Commercial Real Estate Forecast The Asheville metro area received top marks at the start of the second quarter in an analysis of economic and commercial market health across the country. The National Association of REALTORS® (NAR) ranked Asheville as one of the nation’s “Top 16 Commercial Real Estate Markets” in an index citing office, industrial,… Read more »

FOR IMMEDIATE RELEASE: Land Sale Signals Upcoming Industrial Development in Flat Rock A new master planned industrial park is set to bring many higher wage jobs to Henderson County. June 29, 2022 (Asheville, NC)—On June 17, 2022, NAI Beverly-Hanks closed on a 65.31-acre tract of land in Flat Rock with prime frontage on Interstate 26…. Read more »

Maintaining multiple investment properties requires planning and preparation. You likely have systems in place for getting yards mowed and toilets fixed. But, as sa property manager, how prepared are you for natural disasters? If you own one or more investment properties, it is unlikely that you will be present in the event that a wildfire… Read more »

By now, everyone in the United States is aware that the cost of single-family homes has skyrocketed in recent months. But what’s getting less press coverage is the alternative still accessible to many millions of Americans: multi-family housing. Apartment buildings, condos, and other types of “missing middle” housing are becoming more attractive to tenants and… Read more »

Commercial retail locations come in as many shapes, sizes, and forms as the businesses that inhabit them. And choosing the right one is possibly the most important decision a brick and mortar business can make. Your location will directly impact your bottom line, your foot traffic, and your ability to grow. Here are five core… Read more »

Commercial Real Estate Forecast A strong economy generally benefits real estate, and 2021 proved just that. With the U.S. economy growing at 5.6% during 2021, annual CRE sales volume crossed $600 billion for the first time ever through November. While optimistic about the economic outlook going forward in 2022, inflation and a rising interest rate… Read more »