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EBG Listings of The Week 04-13-2024
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EBG Listings of The Week 04-06-2024
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EBG Listings of The Week 03-29-2024
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EBG Listings of The Week 03-22-2024
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EBG Listings of The Week 03-15-2024
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EBG closes 2023 with strong momentum!
EBG closes 2023 with strong momentum!
We’ve been busy in December, and now we are looking to help more retail owners, like you, get their spaces fully leased and their renewals maximized!
We cater to retail owners who want more profits and fewer headaches from their assets!
Give me a call today and let’s chat about making 2024 your most profitable year!
License #0593483
New Team Members
New Team Members
Introducing Our New Real Estate Team Members: Elevating Excellence and Expertise
08/25/2023 – Eureka Business Group is thrilled to announce the latest expansion of our real estate family with the addition of three exceptional new team members who bring high levels of motivation, dedication, and innovation to our firm. We are committed to providing unparalleled service to our clients, and our new team members are poised to further enhance our capacity and exceed client expectations.
Meet Our New Team Members:
Makila Ballard, Commercial Real Estate Advisor
Specialty: Retail Leasing & Sales
Makila moved to Dallas, Texas in May of 2022 keen to get involved in the commercial real estate market. She has a Bachelors Degree in Business Management from Rhodes College where she learned about responsibly and promptly identifying opportunities, effective communication, and the vital importance of handling business. Makila is committed to bringing value to her clients and their transactions with her transparency, ability to listen and understand your needs and wants in your property journey. With experience in customer service, management, and planning, Makila supports her clients’ search for the perfect real estate!
Khyrique Colon, Commercial Real Estate Advisor
Specialty: Multifamily
Khyrique excels in social networking, communication, and marketing. Listening, understanding, and providing quality services for clients is Khyrique’s passion. Bringing value to your real estate transaction is his primary focus. Khyrique has ambition and commitment to commercial real estate.
Brock Vigus, Commercial Real Estate Advisor
Specialty: Retail Leasing & Sales
Brock has lived in the DFW area all his life. He worked for his family’s foundation drilling company for the last 10 years . Brock is committed to transparency and, having strong work ethic in every transaction.
Company Vision and Goals:
At Eureka Business Group, our primary goal is to provide comprehensive real estate solutions that reflect our commitment to professionalism, integrity, and client satisfaction. With these new additions to our team, we are even better positioned to deliver on this promise. Our company’s vision remains unwavering: to be the trusted partner that clients turn to for all their real estate needs, backed by a team of dedicated experts.
Quote from EBG Principal, Joseph Gozlan:
“We are delighted to welcome our new team members to the Eureka Business Group family. Each individual brings a unique set of skills and experiences that will undoubtedly enhance our ability to serve our clients effectively. This expansion is a testament to our dedication to continuous improvement and the pursuit of excellence in everything we do.”
About Eureka Business Group:
Established in 2008, Eureka Business Group is a full-service commercial real estate brokerage with a passion for providing creative solutions to complex real estate situations. As licensed brokers and experienced commercial investors ourselves, we specialize in the purchase, sale, management, value-add, and repositioning of commercial real estate assets.
Navigating the 2023 Real Estate Market: Buy Now or Wait It Out?
Navigating the 2023 Real Estate Market: Buy Now or Wait It Out?
In this video, Joseph Gozlan from the Eureka Business Group discusses the current state of the real estate market in 2023. With inflation soaring, high-interest rates, and declining property prices due to reduced availability of money, many are unsure whether to buy real estate or wait. Gozlan compares these conditions to the last recession in 2007-09, highlighting the similarities. Joseph notes that while property prices may continue to decrease, the dwindling availability of funding due to banks’ reluctance to lend is a significant issue. He predicts a “race to the bottom,” whereby property prices will be at their lowest, but securing funding will be extremely challenging, much like in 2009-2010. Joseph advises his viewers to focus on the long-term game, drawing on the analogy “You marry the property, you date the interest rate.” He emphasizes that, in the long run, the value of the property is what matters the most, as interest rates can be renegotiated during refinancing. Finally, Joseph Gozlan highlights emerging opportunities in the industrial and retail sectors, where high-quality properties with national-level tenants are trading these days at 6.5% to 8% cap, creating potential for great deals and an opportunity for those interested in building legacy wealth. He encourages his audience not to wait too long to invest, emphasizing the importance of seizing good opportunities when they can still secure a decent loan. Despite the uncertainties, Joseph believes that we are currently in the “opportunity zone,” indicating a promising time for real estate investment.
If you’re looking for commercial real estate in Texas (Buy, Sell, Lease) feel free to call us: at 903.600.0616 or contact us through our website
Tags: #RealEstateInvesting, #CommercialRealEstate, #RealEstate2023, #MarketAnalysis, #Inflation, #InterestRates, #PropertyPrices, #InvestmentStrategy, #LegacyWealth, #IndustrialRealEstate, #RetailRealEstate, #EurekaBusinessGroup, #JosephGozlan
May 2023 DFW Industrial & Flex Active Listings Insights
May 2023 DFW Industrial & Flex Active Listings Insights
Author: Joseph Gozlan, Eureka Business Group | Published: 05/09/2023
As in every month, we share on our DFW Industrial & Flex Digest some interesting insights drawn from the DFW Active Industrial & Flex Listing.
The data source we use is Costar and conversations we have with local owners & brokers. For the sake of data simplicity and the interest of our clients, we focused our research on the Class A/B Industrial & Flex properties at the sizes between 5KSF and 60KSF.
As of the first week of May 2023, there are currently about 140 Such properties actively offered for sale in the DFW market place. Of these 140 properties, there is a relatively even distribution between the small, medium and larger properties (within the above mentioned range).
Asking Prices: One of the things we found very interesting was the massive differences in the price per SF regardless of property size. Each size group had cheap properties in the sub $40/SF range and very expensive properties asking over $750/SF.
Locations wise, Dallas is leading the list with about 20% of the total number of available properties. No less than 44 cities have at least one industrial property available for sale within the city limits which shows how important the asset class had become in recent years. No more hiding the industrial/flex spaces in the cities around the airport in areas w/o public transportation and accessibility. Affluent suburbs such as Plano, Allen, Prosper and Celina all have available industrial or flex properties to sell and leading the northern suburbs is Frisco with 9(!) industrial properties offered for sale.
Days On Market: Surprisingly enough, the Average DOM (Days on Market) was lower in the larger category (over 20KSF) standing at 145 days compared to 195 and 243 for the small and medium sizes.
For more insights on the average asking price, Construction materials, property vintage, etc.
Click here to download the full May 2023 DFW Industrial & Flex Active Listings Insights PDF
#industrialrealestate #commercialrealestate #legacywealth