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Best Year Ever: NAI Beverly-Hanks 2018 Year End Commercial Market Report
2018 Commercial Activity:
According to CoStar sales data, 2018 was the best year for commercial real estate in Western North Carolina. Our four-county MSA (Buncombe, Henderson, Haywood, and Madison) saw just over $700 million in sales last year. That bested 2016’s previous high-water mark...
Big Swings: NAI Beverly-Hanks Q3 2018 Commercial Market Report
Q3 2018 Commercial Activity:
We witnessed some significant swings in commercial real estate for Q3. The industrial sector was off 80% from the second quarter. But office business was up 34%. Retail transactions were up 71%, but multi-family was down 70%. And land closings were off 35% from what t...
NAI Beverly-Hanks Q2 2018 Market Report: A Consistent Climb
Q2 2018 Commercial Activity:
The second quarter was solid, steady, and consistent—nothing extraordinary or flashy, just solid. Four out of the five sectors (industrial, office, retail, multi-family, land) were not up by much, but they were up. In the Central Business District (CBD), 48 Biltmore...