Life Storage’s Post

Our team is excited to be in the market with a fantastic "last mile" covered land play in Northeast DC! 1818 New York Avenue NE includes 3.13 acres of PDR-2 land with 700 feet of high visibility frontage along New York Avenue (Route 50). The site can be developed with a maximum FAR of 4.5 times the lot area (136,675 sf) under the existing zoning regulations. The comprehensive plan designation for the Property was recently changed from PDR (Production Distribution and Repair) to a mixed-use designation of high density commercial, high density residential and PDR, affording additional optionality. The Property’s 1.5 year weighted average lease term allows new Ownership to quickly commence redevelopment of the site. In the near term, the Property generates more than $1.6 million of Net Operating Income and is 96% leased. The in-place leases contain landlord-friendly termination options for development. For more information, please reach out directly to myself or a member of my Avison Young | US Capital Markets Team: Jonathan W. Hipp, Tim Farrell, & Jeff Thomas * Deal room access via link in attached teaser #avisonyoung #capitalmarkets

On the cover of the latest Texas Real Estate Business: -Demand Fuels Strong Retail Recovery in Texas Amid population and job growth, retailers see the Lone Star State as an ideal territory for expansion. But tight conditions and high construction costs are creating challenges. With insight from Matt Silvers, Project Management Advisors, Inc., Lucy Billingsley, Billingsley Company; Lacee Jacobs, Parkway; Charles Scoville, Read King; Sasha Levine, Levcor, Inc., Will Majors, CBRE -Three Takeaways From the ULI Fall Conference  Though hardly new, these issues confirm that when it comes to placemaking for mixed-use projects, the quality of the site and tenants is more important than ever. By Barry Hand, Gensler Inside the Issue How Office Owners Can Navigate Challenging Credit Scenarios for Their Properties, by Nicole Schmidt, Oberon Securities, LLC BTR Continues to Take the Industry by Storm, by Mark Taylor, American Real Estate Partners (AREP) https://lnkd.in/eEVuxPSp #cre #commercialrealestate #retail #office #mixeduse 

See why "It Sure is Good to be in Texas" in the latest issue of Texas Real Estate Business! Proximity to Mexico’s manufacturing base and sustained interest from lenders help industrial developers and tenants overcome barriers to growth that are beyond their control. By Taylor Williams; insights from – Conrad Madsen, SIOR 🌵, Paladin Partners Commercial Real Estate Services; Charlie Meyer, Lovett Industrial; Cliff Booth, Westmount Realty Capital, LLC; Bill Baumgardner, VanTrust Real Estate. Embracing Safety Culture in Industrial Design Beyond the obvious benefits, implementing safety-oriented protocols also helps create efficiencies. By John Haba, Gensler Inside the Issue: The Secret to Industrial Supply Growth in Central Texas  Specifically with regard to Central Texas, where population growth has occurred with remarkable speed, the presence of key utilities and services can make or break a project. By Taylor Williams; insights from – Josh Schneuker, City of Seguin; Tom Long, Temple Economic Development Corporation; Cameron Goodman, CEcD, City of Georgetown; Scott Smith, City of Cedar Park. How Modern Residences Can Effectively Combat Climate Change From the initial purchase of a property through the life of owning it, these are some simple steps that single-family owners and renters can take. By Richard Ross, Quinn Residences Read the issue: https://lnkd.in/eHG6XVsV #CRE #Texas #TexasCRE #Industrial

Home to more than 3.3 million residents, Metro Tampa, FL is the second most populated metro in Florida and the 17th largest metro in the U.S. The City of Tampa is the county seat of Hillsborough County and the third most populous city in Florida, with approximately 400,000 residents. Tampa is the economic, educational, medical, and cultural center of the western coast of Florida. The commercial real estate market has also seen meaningful improvement in the past few years, with a steady increase in new industrial, retail, and multifamily construction in the last two years. Greysteel’s latest Industrial Spotlight on Metro Tampa provides insight into the area's growing industrial market. For more information, or to receive a detailed Marketing Position Analysis for your properties, contact us at inquiries@greysteel.com View full report: https://lnkd.in/g4na6y8g #cre #commercialrealestate #marketreport #Floridarealestate

3 Essential Steps for Effective Tenant Screening in Summerville, SC Want to ensure you get reliable tenants in Summerville, SC? Discover three essential steps for effective tenant screening. Start making better choices today! https://lnkd.in/eAUMg2u5 #oaktrust #summerville #propertymanagement #southcarolina #landlordtips #propertymanagers #propertyinvestor #realestate #homesforrent #summervillepropertymanagement #leasesummerville #summervillehomesforrent

Many cities salivate at the idea of bringing a big box store in… “think of the tax value!?” they say… But what is the reality? Looking at the true value of land, and the potential for revenue, mixed use development and town center density completely dwarfs the value per acre of any big box store and sea of parking. As our nation continues to struggle with a housing crisis, its time we refocus our strategy in building true value add CENTERS! A property that is only commercial, without housing above or close by, is a waste of land. This is what our team specializes in! #developmentopportunity #land #utah #housingcrisis #housingaffordability #housingdevelopment #realestate

Nestled between two growing metro regions, Snyder, Texas holds surprising potential for commercial real estate projects. New parcel analysis reveals prime affordable properties - from vast industrial sites to smaller spaces for downtown retail and hospitality. With central access to major transportation routes, recent energy pipeline completion, and infrastructure in place, there are 26 investment-ready locations the latest blog post. Snyder provides astute CRE investors the right ingredients: motivated sellers, vision, and local expertise. To read more about commercial real estate in Snyder, read https://lnkd.in/gdXVevmz

Making Progress in Watters Creek, Allen, Texas! Our latest commercial property project is well underway, and we couldn't be more excited about it. From tenant improvements to enhancing the business landscape, we're dedicated to transforming this space into a thriving hub! At First Light Real Estate Advisors, we're here to assist clients in every step of their commercial transactions, ensuring that their investments flourish. Stay tuned for updates on this exciting venture, and if you're interested in commercial properties in the Allen area, we've got you covered! 🏢🤝 #CommercialProperty #WattersCreek #AllenTX #TenantImprovements #RealEstateDevelopment #ProgressUpdate #BusinessOpportunities #InvestmentProperty #CommercialRealEstate #FirstLightRealEstate #PropertyTransformation #AllenBusiness #RealEstateAdvisors #ProjectInProgress #BusinessExpansion #WorkspaceGoals #InvestmentOpportunities #CommercialInvestment #RealEstateExperts #ThrivingBusiness #NewBeginnings #CommercialSpace #PropertyDevelopment #LocalBusiness #AllenCommunity #RealEstateSolutions #InvestmentStrategies #RealEstateVision #GrowthOpportunity #CommercialRealty #OfficeSpace #RetailSpace #PropertyManagement

📦 One of the biggest stories in real estate right now are empty or outdated commercial real estate, especially office. Neighbor, led by CEO Joseph Woodbury, is an ancillary income platform that can help real estate owners big and small monetize their empty space as storage or parking. The real estate industry spends billions annually constructing new storage and parking space, but Joseph and Neighbor believe a lot of empty space that is already built could be a better and more profitable solution than building new. Disclaimer: Neighbor is a Fifth Wall portfolio company. #realestate #storage

Exciting times ahead for industrial real estate in Central Florida! The latest leasing data from CoStar reveals a trend of compressed vacancy and high absorption in small to mid-sized industrial buildings. With space becoming increasingly scarce (1.7% - 2.6%), we're seeing rising rents—a clear indicator of a thriving market. For savvy investors, now might be the perfect opportunity to capitalize on these favorable conditions. Considering disposing of high-performing assets closer to desired exit cap rates could be a strategic move in this dynamic landscape. Check out the insightful article for a deeper dive into the recent leasing data and stay ahead of the curve in the Central Florida commercial real estate scene: https://lnkd.in/eprBxxcZ #CRE #CentralFlorida #BrevardCounty #TampaRealEstate #OrlandoRealEstate #RealEstateInvesting #ContactPlatinum