U.S.’s Vacancy Decreases to 6.8% The Asheville Industrial market saw vacancies rise and rental rates decrease from the first quarter 2015 to the second quarter 2015. The overall vacancy rate currently sits at 6.4%, from 6.3% in the previous quarter. Rental rates ended the quarter at $3.97 per square foot, from $4.45 in the previous… Read more »
Tag: commercial
National Existing Home Sales: August 2015
Nationally a shortage of inventory is slowing the sales space, but that’s not necessarily the case in Western North Carolina. NAI Beverly-Hanks Economic Update Bloomberg.com Though slowing in August, existing home sales are still healthy and trending higher. Existing home sales came in at a lower-than-expected 5.31 million annual rate in August which is the… Read more »
Weaverville News: Northridge Commons to Open in May
This post is from guest author and Beverly-Hanks associate Pete McHugh. UPDATE (2016): Pete is no longer affiliated with Beverly-Hanks. We wish him the very best in his pursuits. Big news around the small town of Weaverville, NC: The mall is coming to town. Northridge Commons in Weaverville is set to open in May… Read more »
Asheville Commercial Real Estate
Residential real estate seems to be grabbing all the headlines lately. We figured it’s time to talk about some of the commercial real estate services we offer through NAI Beverly-Hanks, our commercial real estate division, and what you should look for in a commercial real estate broker. Track Record & Local Connections When looking for… Read more »