Phoenix is no longer a sleepy little Western town nor is Arizona just the desert state next to California. We are a vibrant growing economy with opportunities for all who want to take advantage of those opportunities.
The real estate market has seen many ups and downs over the last 100 years, but nothing like we've seen in the last few. But with every door that closes there is a door that opens and those are doors starting to open.
Take for instance, interest rates. Today we are being told that they are the lowest they've ever been in the history of the United States. The housing market in Phoenix which has been hit so hard, is slowly beginning to stabilize. Home-builders are starting to build some new residential projects.
Over the last 18 months commercial real estate has offered many investors exciting opportunities to get involved in this marketplace. We see more and more out-of-state and out of country buyers who are looking to the Phoenix marketplace for opportunities to invest in Commercial real estate.
Are you an owner of commercial real estate? Are you trying to manage and lease your own property? How does that property stack up against your competitors? Why not have GPE Management Services evaluate your property to determine its marketability and what you might do to enhance the value of the building. GPE Management Services, and their professional team, would be happy to do this at no cost or obligation to you.
Please call Steve Kroll at 480-994-8155 to set up a time to do so.
- Ron Genovese, Founder & Designated Broker of GPE Commercial Advisors