|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
EBG Listings of The Week 04-13-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
EBG Listings of The Week 04-06-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
EBG Listings of The Week 03-29-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
EBG Listings of The Week 03-22-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
EBG Listings of The Week 03-15-2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign Up Here
Be the first to learn about lucrative commercial real estate investment opportunities in the DFW market pre-vetted by our CRE experts!
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.
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
2022 Commercial Real Estate Acquisition Trends: Multifamily Continues to Lead, Industrial Surges, Office and Hotels Struggle
2022 Commercial Real Estate Acquisition Trends: Multifamily Continues to Lead, Industrial Surges, Office and Hotels Struggle
Author: Joseph Gozlan, Eureka Business Group | Published: 04/21/2023
Juniper Square has recently released a comprehensive report analyzing the commercial real estate acquisition volumes by asset class in 2022. The report offers valuable insights into the current state of the market, and how it is evolving. As a commercial real estate investor, understanding these trends can help inform your investment strategies and help you make informed decisions.
The report reveals that the multifamily asset class continues to dominate the market, accounting for 45% of all commercial properties acquired in 2022. This comes as no surprise, given the favorable agency debt, strong rent growth, and a plethora of multifamily “gurus” that flooded the real estate circles in the last few years…
Multifamily has consistently held the top position in the past decade, with its share of the market fluctuating no more than 5% of the overall share of commercial real estate transacted.
On the other end of the spectrum, the office and hotel asset classes have experienced a significant decline, with their combined share dropping from 34% in 2013 to just 22% in 2022. The pandemic has had a significant impact on both asset classes. The demand for office space plummeted, with remote working becoming the norm for many businesses. As a result, office buildings have seen a decline in occupancy rates, and investors have become more cautious about investing in this asset class. Similarly, the pandemic has significantly impacted the demand for hotels, with travel restrictions and reduced business travel leading to decreased occupancy rates and revenue.
However, one asset class that has emerged as the real winner in 2022 is industrial properties. The report reveals that the industrial asset class has experienced a 450% growth rate since 2013, rising from just 4% to 18% of the commercial real estate acquisitions volume in 2022. The growth in e-commerce has played a significant role in driving demand for industrial properties. As e-commerce businesses continue to thrive and expand, they require larger spaces beyond the confines of the founder’s living room or garage. This has resulted in increased demand for industrial buildings, with businesses seeking spaces ranging from 2,000SF flex suites all the way up to millions of square feet distribution centers.
The report highlights the importance of keeping abreast of the latest market trends and using data to inform investment decisions. As a commercial real estate investor, it is crucial to identify emerging trends, evaluate their potential impact on the market, and adjust your investment strategies accordingly.
In conclusion, while multifamily remains the dominant asset class, industrial properties are emerging as a significant growth opportunity for investors. It is essential to keep abreast of the latest market trends, evaluate the potential impact on your investments, and make informed decisions based on the data available.
What do YOU see in this chart? Do you agree with the above insights or do you think differently?
Feel free to vote, comment, like as you see fit!
Joseph Gozlan,
Commercial Real Estate Advisor
- Email: Joseph@EBGTexas.com
- Office: (903) 600-0616
- Mobile: (469) 443-6336