The convenience of these units cannot be overstated:
With all the prognostication of a downturn nationally it’s nice to see that the general sentiment for Chattanooga is for a more stable year.
No surprises here but good data to help in evaluating the market. Given that developers are continuing to build I’d say multifamily will be overbuilt for a while. Keeping in mind that if the ground price on a project is low enough and the focus on long term ownership some of these projects might make sense. For me I will be looking for those that paid too much and are upside down and need a buyout. That’s where the opportunity in the coming years will be:
Payless is the latest to succumb to the changes in the retail landscape:
There are three Payless stores in Chattanooga: Hixon, Hamilton Mall and Brainerd.
Many other cities around the country are working to refocus retail in their downtowns including Missoula. Many ideas to pass around and try as we work to enliven our downtown:
This will be an interesting addition to the North Shore and will anchor whatever else comes to this site:
Great to see this kind of story in national magazines:
It helps reinforce all the great things going on, the growth of the city and its national appeal.
While not specific to commercial real estate this news on the housing market feeds into a bright outlook for 2019 in general:
Sounds like a great location for a hotel: “…between The Cheesecake Factory and the future Dave & Buster’s.”
Industrial is not something I usually track but this article struck me for the strong position that the local industrial market is in:
A market this tight bodes well for the coming year and doesn’t seem to indicate any pullback or market slowing. Another good sign.