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Year-to-date commercial real estate transactions up 54%

By Don Fenley / September 12, 2022

GRAY, Tenn. – Tri-Cities commercial real estate (CRE) transactions continued a steady growth pattern in August. So far this year, 393 transactions have been finalized for a 54.7 percent improvement…

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Multi-family sales heat up commercial market  

By Don Fenley / August 17, 2022

GRAY, Tenn. – Tri-Cities commercial real estate transactions were almost 11 percent better than the first seven months last year. July’s sales and leases were the same volume as July…

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Commercial real estate posts solid mid-year gains 

By Don Fenley / July 19, 2022

June’s commercial real estate transactions were down from May’s total while posting strong (up 50%) year-over-year and six-month trend gains. The local mid-year growth rate is 13.4% better than the…

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May commercial real estate transactions up 16.9%  

By Don Fenley / June 14, 2022

Higher interest rates and inflation have had mixed effects on the local commercial real estate (CRE) market so far this year.   Transactions were up for the third straight month in…

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Strong fundamentals move local commercial market forward 

By Don Fenley / May 16, 2022

The local commercial real estate (CRE) market continues moving forward despite higher interest rates and inflation. According to the Northeast Tennessee Association of Realtors (NETAR) and the National Association of…

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Local commercial estate expected to do well despite higher interest rates 

By Don Fenley / April 21, 2022

Local commercial real estate (CRE) transaction activity was slightly higher than February and down 20% from March last year. First-quarter activity was unchanged from last year.   “Transaction activity alone is…

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Feb. was soft month for commercial real estate transactions

By Don Fenley / March 14, 2022

Commercial real estate transactions were flat last month, according to the Northeast Tennessee Association of Realtors (NETAR).  “There were seven fewer leases and sales than January and three fewer than…

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Local commercial real estate up 52%, good outlook for 2022

By Don Fenley / February 16, 2022

The Tri-Cities commercial real estate market kicked off the new year with a 52% increase in transactions as last year’s growing demand extended into the new year.  Cassie Petzoldt said…

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Local commercial real estate sales, leases at a new high

By Don Fenley / January 12, 2022

Local commercial real estate transactions ended 2021 at a decade high and are expected to perform well despite the prospects of higher interest rates.  Transactions from listings on the two…

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Local commercial real estate up 44.1%

By Don Fenley / December 14, 2021

November’s regional commercial real estate market continued its recovery momentum with a 44.1% increase over last year’s transaction performance. So far this year, all but one sector has surpassed market performance during the first 11 months…

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