Austin Best City to Invest in Commercial Real Estate
Friday, January 8th, 2010A real estate and investment services firm recently ranked Austin the best city to invest in commercial real estate, according to a recent Austin Business Journal story.
The company is Grubb & Ellis Co., based in Santa Ana, California, and they noted that they expect commercial real estate to continue to falter in 2010, though at a slower rate. Their forecast also notes that most property types will “reach bottom pricing near the end of 2010″ — and a slow recovery should be in store in the beginning of next year.
Search for Commercial Real Estate
Did you know that you can search for Austin commercial real estate at HometoAustin.com? It’s easy: Go to the Austin real estate search page and check the box next to “Commercial Sale.” You can also check the box next to “Commercial Lease” if you’re looking for leases.