Slugging it out – Reasons and opinions on the economic recovery

 

 

 

 

 

 

 

 

 

“Always do right. This will gratify some people and astonish the rest.”

-Mark Twain

 

Oct 2, 2014, 3:58pm MST Eric Jay Toll Reporter-Phoenix Business Journal

he license plate on a car I once owned was “SEVANY,” Self-Employed, Vacation Anytime Next Year.” The plate hanging on the garage wall should be hung on the Arizona economic recovery. Upon being told that the recovery’s coming — in 2016 — there was almost a collective Charlie Brown “auughh” from the 600 business professionals at the 2015 SRP Economic Forecast presented by the Phoenix Business Journal.

Lucy may as well have pulled the football during the run-up for the kick.

Economic experts John Manzella and Mark Stapp played their way through reasons for the sluggish recovery and had the x’s and o’s charted for the market confidence impacts.

John Manzella is president of Manzella Trade Communications, a strategic communication publishing and consultancy. Stapp is professor of real estate practice and executive director of the Master of Real Estate Development program, W.P. Carey School of Business, Arizona State University.

Manzella took the session’s opening kick and ran the group through a gloomy look at the reasons the economy can’t get out of the red zone. He moved the ball with professional optimism when seeing open down-field economic indicators. There’s always next season.

Stapp passed down field to what his CRE players in the Commercial Real Estate Brokers’ Forum are saying about the current season and looking ahead to the playoffs.

The experts are reading from the recovery playbook, with 92 percent of those surveyed using the word “recovery” in describing the cycle. The brokers huddled and 79 percent said the Phoenix market is moving up.

A strong 71 percent jumped off the bench agreeing that uncertainty in the federal government is affecting the commercial real estate market and hindering growth.

During half-time, the team put all hands in and 93 percent cheered “optimistic” on the overall CRE market feeling. Crunching back out on the field, only 29 percent thought interest rates are climbing and no one on the team said investor returns are headed up.

It’s kind of a fantasy football for CRE to try and make sense of the numbers, but some of the Forum members’ comments were noted by Stapp.

“The Phoenix metro,” said one, “is acting more like a more mature urban setting.”

“Don’t expect big changes in 2015,” said another, echoing the thrust of both Mazella’s and Stapp’s presentation.

Another Forum member said the market is poised for growth, “we’re armed and dangerous,” was the phrase.

What Forum members are saying about market

  • 64% – Apartment rents are going up
  • 29% – Big box industrial rents going up
  • 43% – Landlord industrial market
  • 50% – Office rents headed up
  • 8% – Unanchored retail center rents headed up
  • 29% – Anchored retail center rents going up

 

READ IT ALL:

http://www.bizjournals.com/phoenix/blog/business/2014/10/slugging-it-out-reasons-and-opinions-on-the.html?page=all

 

 

 

A little about me and my expertise – video

                    

commercial / investment real estate / Arizona land specialist

https://www.youtube.com/watch?v=PPs3kpKR4nY

 

I go to great heights to sell or purchase your land

http://walter-unger.com/?p=10118

 

 

http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history

3

Facts of Arizona – year 1848 to 2013

http://walter-unger.com/?p=9507

 

4.

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Investment Properties in Phoenix.

 

 

View my listings and my profile at:

http://www.loopnet.com/profile/14101172900/Walter-Unger-CCIM/Listings/

 

www.Walter-Unger.com

 

What is a CCIM?

 

Join My Mailing List

 

 

Please go to my web-site and get all the newsflashes and updates in Commercial Investment Real Estate in Phoenix and Commercial Investment Properties in Phoenix daily

 

www.walter-unger.com

 

 

Check out my professional profile and connect with me on LinkedIn.

http://lnkd.in/bezpJ8t

 

Follow me on Facebook:

http://www.facebook.com/ungerccim

 

Follow me on Twitter:

https://twitter.com/Walterunger

 

 

Follow Me on Google+

https://plus.google.com/u/0/b/114560883588623379451/

 

Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.

 

WHETHER YOU LEASE OR OWN

NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.

 

we are at on the a rise of the cycle in Commercial Real Estate.  so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix.  The prices on deals I may get you will not be around forever.

 

If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us. 

 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207 or Office:480-948-5554

 

www.Walter-Unger.com

 

Thank You

Walter

Walter Unger CCIM

Associate Broker,  West USA Commercial Real Estate Advisers

7077 E. Marilyn Road, Bldg 4, Suite 130

Scottsdale, AZ 85254

Cell:      520-975-5207   

Office :  480-948-5554

Fax: (480-658-1172  

walterunger@ccim.net

 

View my listings and my profile at:

http://www.loopnet.com/Profile/14101172900/Walter-Unger-CCIM/

 

www.Walter-Unger.com             

 

a little about me and my expertise – video

 

commercial-investment real estate adviser-land specialist

 

https://www.youtube.com/watch?v=PPs3kpKR4nY

 

What is a CCIM?

 

 

Delivering the New Standard of Excellence in Commercial Real Estate 

 

  • Commercial Real Estate Scottsdale
  • Commercial Real Estate Phoenix
  • Commercial Real Estate Arizona
  • Commercial Investment Properties Phoenix
  • Commercial Investment Properties Scottsdale
  • Commercial Investment Properties Arizona
  • Land Specialist Arizona
  • Arizona Land Specialist
  • Land Specialist Phoenix
  • Phoenix Land Specialist
  • Land For Sale Phoenix
  • Land for sale Arizona
  • Commercial Properties For Sale Phoenix
  • Commercial Real Estate Sales Phoenix
  • Commercial Properties Phoenix
  • Commercial Properties Arizona
  • Commercial Land Specialist Phoenix
  • Commercial Land Phoenix
  • Multifamily land Phoenix
  • Retail Land Phoenix
  • Industrial Land Phoenix
  • Land Commercial Phoenix
  • Land Retail Phoenix
  • Land Industrial Phoenix
  • Land Multifamily Phoenix
  • Industrial Land for sale Phoenix
  • Land Industrial
  • P
  • Investment Real Estate

 

Disclaimer of Liability

The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.