Now is the time to buy commercial real estate in middle Tennessee, if you can.

Guest Blogger: Rob Lowe, Senior Managing Director and Principal at Cassidy Turley.

Most observers of the middle Tennessee commercial real estate market acknowledge that the dire predictions for mass tenant and borrower defaults never materialized, certainly not in our region. There is no question that middle Tennessee felt the national loss of consumer confidence as well as the lack of liquidity in the financial and lending markets but most of this stress in our region was concentrated in land and non-income producing real estate.

As the broad, national economy eases from the recession, middle Tennessee is well positioned. The overall office, industrial and retail commercial real estate markets showed strong gains in 2011 as vacancy rates have fallen and rents stabilized even increased in some markets. Site Selection magazine ranked Tennessee a “Top Ten Business Climate in the U.S.” based upon several factors including a pro-business state, ease of doing business and workforce availability, to name a few.

The result of this improving local economy is that available, quality commercial real estate is beginning to become harder to find. If a company identifies a property that supports its core business now is the time to act. It is likely that the same property, and properties similar to it, will be more expensive a year from now and fewer alternatives will be available.

I believe Pathway Lending shares this understanding of our region and will assist qualified owner-occupants to purchase the real estate that supports their core business. Their loan programs offer owner-occupants an attractive combination of historically low interest rates, competitive amortization and favorable loan to value terms. Now is the time to buy commercial real estate in middle Tennessee, Pathway Lending can help.

At A Glance: Rob Lowe is a Principal and Member of the Board of Directors of Cassidy Turley. Rob specializes in property investment, development, leasing and sales, primarily in the office segment. Rob has participated in $251 million in investment sales, as well as over $437 million of lease transactions while representing tenants and over 3,000,000 square feet of Class A office space.

Contact Rob at:
Web Page
Senior Managing Director, Principal
5250 Virginia Way, Suite 100
Brentwood, TN 37027
T: 615-301-2910
F: 615-301-2958
Rob.Lowe@cassidyturley.com