What areas of the country are hot right now for commercial deals?

I understand that a lot of banks are not lending unless the deals are super sweet (for the bank).
In Buying Property - Asked by T.J. L. - Mar 10, 2010
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Answer(s)

Jeffrey B.
Owner/Investor
Malta, NY

TJL - the hot area is NY's Tech Valley. Global Foundries is building a 4 Billion dollar chipfab plant, property is still reasonable and the local banks are telling me they want to lend money. Search on zip codes 12020 and 12170. Good hunting.
JB

Mar 11, 2010
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Bobby L.
Broker/Agent
El Dorado Hills, CA

I would refer you to those geographical areas which have been recognized as solid performers throughout previous cycles. Chasing REO/bank foreclosures can be problematic since many of these deals are investments that, in all likelihood, should not have been built in the first place. Distressed assets are distressed for a reason. Usually, but not always, that reason is a flawed feasibility or a poor location. For sellers, this market can be characterized as living in Antarctica in the middle of winter - unless you have a really compelling story, there's no good reason being out there! That said, any seller in this market should anticipate being re-negotiated at least three times - once upon entering contract, secondly at contingency removal, and lastly at the closing table. Buyer's have leverage and should exert this force by being represented by a seasoned commercial real estate broker who can align themselves with the client's goals.

Mar 12, 2010
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ORLANDO R.
Broker/Agent
SAO PAULO, SP

Dear Sir
If you wants high profit and safe investment you should brginto think in investments in Brazilian real estate.
We can help You, and give complete informations.
We have a home deficit over 25,000,000 units... So the prices will increase faster than other places.
The same for commercial properties.
But to high return the best investment here is in Sao Paulo city. (22,000,000 people living in this metropole)
For further informations and avaiablr projects we are at your disposal.
We works together the biggest construction companies in Brazil.
Regards
Orlando Reis Jr
spazioconsultoriaimobiliaria2gmail.com
Regards
spazioconsultoriaimobiliaria@gmail.com

Mar 17, 2010
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Ching Y.
Broker/Agent
Beaverton, OR

TJL-did you found property that you are interested in buying yet? If you are still looking for, contact me in Portland, OR.
I have high a NOI retail and a flex space ( warehouse and office ) genenal commercial with seller financing for sale.
Ching Y. owner/broker, Portland, OR call 503-270-5668

Aug 13, 2010
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