Folks who lease industrial buildings are concerned with how their bottom lines will be affected and how to counteract a whopping bump in rent.
A distinction is drawn between two commercial real estate owners – occupants or investors. The difference? Occupants also own the operation residing in the facility. Before June of this year, many owner-occupants received unsolicited offers from investors seeking to deploy capital.
In general – these offers were at eye-popping numbers and included a provision to avoid a costly move. Many carpeyed the diem and sold. But others got tangled in the two issues that arose: Uncle Sam and sky-high rent. The balance of 2022 should prove interesting as we navigate this changing market. As an aside, I did see a Santa display in Lowes yesterday. Earliest I can recall. Merry Christmas!
Allen C. Buchanan, SIOR, is a principal with Lee & Associates Commercial Real Estate Services in Orange. He can be reached at
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