In a recent article by Brian Louis at Bloomberg.net, investor confidence in the commercial sector is on the rise in large part due to access to commercial credit and equity.

Commercial real estate transactions have surged over the past year as low interest rates made it cheaper for REITs and various private-equity buyers to purchase office buildings, retail space, industrial facilities, apartment communities, and health care properties.

Market experts see the trend continuing this year as consumer confidence builds and investors gain more access to credit.

Completed acquisitions by U.S. REITs more than tripled to $24 billion in the 12 months ended Feb. 28 versus the year before, according to data compiled by Bloomberg.

Dan Fasulo, managing director of Real Capital Analytics Inc., said he “wouldn’t be surprised” if U.S. commercial real estate purchases double in 2011 from nearly $140 billion last year.

Demand for commercial space plummeted during the credit crisis and recession, as investors had a tough time securing financing for new purchases or refinancing short-term debt from earlier deals. U.S. commercial property transactions plunged 89 percent to $66 billion in 2009 from their 2007 peak of $579 billion, reports Real Capital.

In addition to near record-low interest rates, a resurgent debt-securitization market is also driving the recovery. Commercial mortgage-backed securities issuance in the U.S. climbed from $2.1 billion in 2009 to $10.9 billion in 2010, notes Jones Lang LaSalle (JLL). Issuance is estimated to be more than $40 billion in 2011, “providing added liquidity to owners with maturing loans to refinance,” the JLL report states.

Source: “Commercial Property Deals May Double in U.S. as Blackstone Bets on Rebound,” Bloomberg (March 1, 2011)

Increased commercial sales and leases are a good indication that residential real estate values will also begin to rebound.

Benefits of renewed investment in the commercial sector includes: relocating families, new jobs, increased residential rental demand and increased tax revenue for cities and counties all of which aid in restoring confidence in the economy as well as both the primary and secondary housing markets.

Panama City Businesses/commercial real estate for sale

Owners, put my technology and marketing expertise to work for you. If you are interested in selling your home, business or commercial property, contact me today (850) 774-6582 for a free no obligation property and business value report.

Buyers, when you’re ready to purchase a Panama City home, condo, business or commercial property, contact me directly (850) 774-6582 for the latest information and pricing on any of the Panama City commercial real estate.

Jennifer Mackay
850-774-6582
Panama City Real Estate | Florida

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This race track is situated on 80 acres of land (2 parcels) and has 27 cleared acres.  An additional 53 wooded acres is available for clearing and growth!

The race track is comprised of a drag strip which is 1/8 of a mile, fully operational and in service, as well as a Truck Pull & Mud Track.

This business and property is sold complete with: Goodwill and good name, 2 concession stands, 2 timing systems, all maintenance vehicles including fire truck are included in the sale.

The grounds also offer  spectator bleachers, 2 complete restroom buildings, 80 private/racing team parking spaces and 300+ spectator parking places.

All of the buildings and structures have been reconditioned with new metal roofing/painting, etc.

The additional 53 acres can be used for growth by adding an oval track or extending the existing track to 1/4 mile!

All sizes and dimensions are approximate, please verify.

**Marketing package available upon request.** 100% owner financing may be available, contact me for details.

Owners, put my technology to work for you.  If you are interested in selling your business or commercial property, contact me today (850) 774-6582 for a free no obligation property and business value report.

Buyers, when you’re ready to purchase a Panama City business or commercial property, contact me directly (850) 774-6582 for the latest information and pricing on any of the Panama City commercial real estate.

Jennifer Mackay
850-774-6582
Panama City Real Estate | Florida

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While we have been working with commercial real estate clients for quite some, the recent increase in business professionals relocating to the area has prompted me to create a new Panama City businesses for sale page.

The new Panama City airport, now named Northwest Florida Beaches International Airport is making it easier for investors and re-locating families to not only vacation to Panama City Beach, but also to invest and help grow the community.

Already, we are seeing an increase in not only relocating professionals, but also many of our clients are interested in opening their own business or relocating their business from other states across the U.S.

Commercial leasing and businesses for sale will play a much more dominant role in the growth of the Panama City Florida area.

Don’t be left out, contact me today.

If you are relocating your business or interested in purchasing a business for sale, be sure to read my Small Business owners guide

Don’t forget the State of Florida offers Economic incentives to businesses opening or relocating as well.

Owners, put my technology to work for you.  If you are interested in selling your business or commercial property, contact me today (850) 774-6582 for a free no obligation property and business value report.

Buyers, when you’re ready to purchase a Panama City business or commercial property, contact me directly (850) 774-6582 for the latest information and pricing for  Panama City commercial real estate

Jennifer Mackay
850-774-6582
Panama City Real Estate | Florida

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Here we are testing a new video feature/plugin for the Panama City Real Estate blog.

The old plug in worked fine, but took a bit long to load the page.

Owners, if you are interested in selling your Panama City property, contact me today (850) 774-6582 for a free no obligation Panama City Beach condo value report and find out how your property can be featured here.

Jennifer Mackay
850-774-6582
www.jennifermackay.com

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This weekend while searching for retail space in Panama City Beach, I was approached by several Panama City Beach commercial real estate owners with various requests for new businesses to lease their properties.

Mostly, the requests were in the form of retail space available for businesses.  I’m pleased to post that request for my commercial real estate customers here.

The following Panama City Beach commercial real estate requests are for new or relocating businesses to the Panama City, Panama City Beach area:

• Delis – Various types.  Italian, Jewish and other deli/sandwich dining places is one of the most requested new business types.
• Franchise restaurants – Another repeated request has been for various franchise restaurants and diners such as Denny’s, El Pollo Loco, Togo’s and others.

If you have a business and are considering relocating or moving, contact me today (850) 774-6582 for  information about available Panama City commercial real estate for lease or sale.

Jennifer Mackay
850-774-6582
www.jennifermackay.com

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Here’s another opportunity to purchase a prime location on one of the main commercial corridors of Panama City, Florida.

Located on a high traffic count corridor, this property consists of 2 buildings:

The buildings:

• The primary building has been used as garage and is approx. 3,696sqft
• The 2nd building is approx. 1586sqft of warehouse & office space.
• The 2nd building has front and rear high overhead bay doors.
• There is plenty of parking as this property is located on a corner lot.

Use as a garage, boat repair facility or other commercial venture.

All sizes & info taken from appraiser, please verify.

For pricing and additional information, please view the listing

Jennifer Mackay
850-774-6582
www.jennifermackay.com

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This qudraplex consists of four 2 BR /1 Bath 800 square foot units.  All units have been well maintained.  3 of the units are rented at $650/mo. owner currently allocates 4th unit for personal use.

Currently 2 Br/1Ba units in this area rent in the range of $600-700 month.

This property is convenient to Tyndall AFB, the Navy Base as well as local shopping, dining and other family entertainment venues.

All information is taken from property appraisers website.  All Sizes approximate.  Please verify if important.

For pricing and additional information, please view the listing

Contact me directly (850) 774-6582 for a private showing on this or other Panama City homes for sale.

Sellers, my team and I have buyers looking for homes – if you’ve been considering selling your home, contact me today for a free no obligation market analysis of your home or property.

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