{"id":7965,"date":"2016-02-01T23:40:53","date_gmt":"2016-02-02T04:40:53","guid":{"rendered":"http:\/\/www.beverly-hanks.com\/blog\/?p=7965"},"modified":"2016-02-01T23:40:53","modified_gmt":"2016-02-02T04:40:53","slug":"commercial-real-estate-update-2015-recap","status":"publish","type":"post","link":"https:\/\/www.naibeverly-hanks.com\/blog\/commercial-real-estate-update-2015-recap\/","title":{"rendered":"Commercial Real Estate Update: 2015 Recap"},"content":{"rendered":"<h3><a href=\"http:\/\/www.beverly-hanks.com\/blog\/wp-content\/uploads\/2016\/02\/Web_HVL_Main_Street.jpg\"><img decoding=\"async\" class=\"alignleft size-full wp-image-7966\" src=\"http:\/\/www.beverly-hanks.com\/blog\/wp-content\/uploads\/2016\/02\/Web_HVL_Main_Street.jpg\" alt=\"Web_HVL_Main_Street\" \/><\/a>Commercial Real Estate In The Asheville (MSA)<\/h3>\n<p>2015 was a good year for commercial real estate. As predicted, growth occurred in the hotel and multi-family sectors, and vacancy rates dropped for retail, office, and industrial properties. Sales soared from 2014\u2019s 296 ($378.5M) to 350 transactions ($485.5M). Retail and multi-family properties led the way accounting for almost half of 2015\u2019s sales volume. Many national analysts expect more improvement in 2016, and we concur. We expect modest growth for multi-family and robust growth in assisted living and continuing care facilities. Investment properties, while scarce, will continue to be in high demand. Retail activity remains strong as more firms tap into the region\u2019s growing popularity with tourists and residents. For additional information on the commercial and residential real estate markets in the greater <a href=\"http:\/\/www.naibeverly-hanks.com\/communities\/asheville\">Asheville<\/a>, <a href=\"http:\/\/www.naibeverly-hanks.com\/communities\/waynesville\">Waynesville<\/a>, and <a href=\"http:\/\/www.naibeverly-hanks.com\/communities\/hendersonville\">Hendersonville<\/a> areas download a copy of our <a href=\"http:\/\/www.beverly-hanks.com\/assets\/pdf\/market\/2015_annual_market_report.pdf\">2015 Quarterly Market Report<\/a>.<br \/>\n<span style=\"border-radius: 2px; text-indent: 20px; width: auto; padding: 0px 4px 0px 0px; text-align: center; font: bold 11px\/20px 'Helvetica Neue',Helvetica,sans-serif; color: #ffffff; background: #bd081c  no-repeat scroll 3px 50% \/ 14px 14px; position: absolute; opacity: 0.85; z-index: 8675309; display: none; cursor: pointer; top: 29px; left: 20px;\">Save<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial Real Estate In The Asheville (MSA) 2015 was a good year for commercial real estate. As predicted, growth occurred in the hotel and multi-family sectors, and vacancy rates dropped for retail, office, and industrial properties. Sales soared from 2014\u2019s 296 ($378.5M) to 350 transactions ($485.5M). Retail and multi-family properties led the way accounting for&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/www.naibeverly-hanks.com\/blog\/commercial-real-estate-update-2015-recap\/\" title=\"Read Commercial Real Estate Update: 2015 Recap\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2,17],"tags":[12,3,4,34,35,36],"class_list":["post-7965","post","type-post","status-publish","format-standard","hentry","category-commercial","category-real-estate-market-news","tag-asheville","tag-commercial","tag-commercial-real-estate","tag-hendersonville","tag-move-up-buyers","tag-waynesville"],"acf":[],"featured_image":false,"_links":{"self":[{"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/posts\/7965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/comments?post=7965"}],"version-history":[{"count":0,"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/posts\/7965\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/media?parent=7965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/categories?post=7965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.naibeverly-hanks.com\/blog\/wp-json\/wp\/v2\/tags?post=7965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}