Category: Commercial

How will Millennials Drive Commercial Real Estate Trends?

This is the first post in a two-part series about how commercial real estate should evolve to meet the needs of the millennial generation. Read the second post.   Born between the early 1980s and the late 1990s, the up-and-coming millennial generation has garnered a lot of attention over the last few years. Painted as… Read more »

3 Current Commercial Properties for Agriculture

If you’re in the market for commercial real estate, NAI Beverly-Hanks has access to the best selection of properties in Western North Carolina. From land and industrial to office, retail, and hotel properties, we have your commercial needs covered. There are also several commercial properties marked for agriculture use currently listed on our website. Here… Read more »

What’s the Next Big Frontier in CRE: Virtual Reality or the Cloud?

  In our rapidly changing digital world, it has traditionally taken a little time before new technologies were widely adopted by an industry, its professionals, and its audience. This was the case for email in the late 1990s (can you remember how long some of your clients held out for home phone calls and snail… Read more »

Review the Market Metrics Glossary before Reading the Quarterly Market Report

As our president, Neal Hanks, mentioned in his recent report, residential real estate markets remain active while commercial activity is flat in many respects. Just how do we get to those conclusions? Our market reports are full of metrics that help us reach those conclusions. See for yourself. Acquaint yourself with these definitions from our… Read more »

Beverly-Hanks 2016 Quarter One Market Report: Active Markets and Parallels to 2015

Beverly-Hanks’ president, Neal Hanks, was on site at Hands On! in Hendersonville to deliver the 2016 Quarter One Market Report. Watch the video below to watch his short report, or continue reading for more information. 2016 Quarter One Residential Activity: Overall, our housing markets remain active and continue to provide significant opportunity for savvy buyers… Read more »

Tiger's First US Golf Course Is For Sale

Tiger’s failed North Carolina course site in Black Mountain is on the market for $24 million. Golfchannel.com by Jason Crook Tiger Woods‘ first signature course in the U.S. opened earlier this month to rave reviews with some even calling it “Augusta-like.” This is slightly better than his first attempt at designing a course domestically in… Read more »

#4 Among Top 25 Commercial Real Estate Brands

The survey was conducted among 100,000 commercial real estate professionals using a combination of ballot voting, phone interviews, and focus groups to evaluate innovation, responsiveness, and quality of service. NAI Global is the only commercial real estate network of independently owned and operated firms represented among the top five. NAI Beverly-Hanks, based in Asheville, North… Read more »

REPORT: $178B Invested in Commercial Real Estate for 2015 by ultra-high-net-worth individuals

Luxury Daily Luxury Daily is the world’s leading trade publication covering luxury marketing and retail across all mediums and channels.The article summarized below was originally written by Jen King. It is important to recognize that high-net-worth individuals account for 25 percent of all global commercial property transactions. In 2015, Knight Frank found that the UHNW population… Read more »

Asheville's Vacancy Decreases to 5.8%

The Asheville industrial market ended the fourth quarter 2015 with a vacancy rate of 5.8%. The vacancy rate was down over the previous quarter, with net absorption totaling a positive 111,576 sq ft in the fourth quarter. Vacant sublease space remained unchanged in the quarter ending at zero square feet. Rental rates ended at $4.01,… Read more »

5th Annual Commercial Real Estate Report Predicts Expansion and Easing Prices

The fifth annual release of the joint report by Situs Real Estate Research Corporation (RERC), Deloitte and the National Association of Realtors® was released on February 4th. According to the three organizations responsible for producing the report, “Commercial real estate activity is forecast to gradually grow this year with demand for space holding steady across all… Read more »