One of the strongest features of our economy is the retail sector. However, after a series of disruptions—think: shifts to online shopping, national health and economic crises, ongoing climate migration—retail companies large and small have struggled to redirect their sales models and stay afloat. Underlying it all are the investments many have in retail real… Read more »

Imagine the possibilities for this prime industrial space! 11,000 SF | 0.37 Acres | $1,600,000 Invest in Asheville’s River Arts District through this retail/industrial property for sale. The space currently houses Trackside Studios, a working studio/gallery representing 30 artists in various media. It’s also home to Magnetic Theatre, a not-for-profit producing theater that puts on… Read more »

Commercial Real Estate Forecast There may be challenges ahead for commercial real estate. Retail is at a crossroads, and the future of office space is unclear. Plus, supply chain concerns persist, and inflation is near a 40-year high, prompting the Fed to steadily increase interest rates. But there are a few bright spots. Locally, multi-family… 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 »