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Archive for January, 2006

Other commercial real estate blogs

Sunday, January 22nd, 2006

Here is the list of some other commercial real estate blogs:
- San Francisco, CA Commercial Real Estate Blog
- Memphis, TN commercial real estate Blog
- New Jersey, NJ Real Estate Blog- Yahoo Commercial ads - forum for commercial brokers, investors, agents,…

Sahara & Decatur piece of land for office

Saturday, January 21st, 2006

Here is an interesting piece of land suitable for office building or retail. Location: Sahara & Decatur. It is actually next to our former office, we have leased 2 years ago. Size 0.83 acres (36,154 sq. feet).
Price: $1,500,000. I personally don’t like the billboard build in front on the property, but generally this is really […]

Too low cap rates for commercial investments

Saturday, January 21st, 2006

I was looking recently at some deals in Los Angeles area. Mostly the areas close to beaches. I saw many deals with very low cap rate. For example something like 4%. I think 5-6% could be considered higher rates. I am wondering how much sense it makes to invest in something like that. Actual […]

How much can you build on land?

Saturday, January 21st, 2006

Here is very quick and approximate cheat sheet for estimating how much can you build on vacant land with commercial zoning in Las Vegas. Please always check exact zoning, parking situation, etc. For quick estimates use the following:
- If you are building one story building (office, retail) you will be able to get […]

Developers scrap luxury Las Vegas condos

Saturday, January 21st, 2006

The Icon Las Vegas was supposed to be a classic luxury condominium building, featuring valet parking, a pool with cabanas and views of the Vegas Strip. Reggie Jackson, the Hall of Fame slugger, bought a three-bedroom unit listed for $800,000. But last week the project, which would have included two towers with 48 stories each, […]