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Posted On: 3/9/2010

2010 trend: the owner-occupier



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An expert on trends in commercial real estate said 2010 is the year of the user.

In real estate jargon, a user is anyone who rents or buys a property and moves in, taking over all of the space.

The industry also refers to users as owner-occupiers.

With property leasing lagging, property owners are willing to go a step further and hang a "For Lease" or "For Sale" sign on the side of the building.

According to John Kulper, president of the Commercial Alliance of Realtors, who wrote an article for MiBiz.com, investor debt is scarce, landlords are hungry, sales prices are at historic lows, companies that are still in business will likely grow and, yes, bankers are looking to book loans.

Read more at InsideBiz.com


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