43k Macon GA Shopping Center Sold
Joe Edge, President of Augusta, GA based Sherman & Hemstreet Real Estate Company announced today the sale of the 43,000+ square foot shopping center located at 1502 Rocky Creek Road in Macon, GA. The property was owned previously by an investor in the Savannah area and is now owned by an investor out of Las Vegas, NV.
While Joe is based in Augusta, he has sold over 15 million dollars over 10 transactions in the Macon metro area over the last 5 years. Joe stated that ?as a commercial broker we often have to expand geographically to meet our existing clients needs. This particular sale was a referral from a broker who is a good friend and the buyer was an existing client of mine.? There remains very strong demand for good income properties of all types, Edge stated. ?In the Macon market any property type whether industrial, office, multifamily or retail; there is strong demand from investors for those types of assets.?
Joe stated that ?there is is constant demand for good assets. Anyone who has ever considered selling their income property should seriously consider right now as being the right time to sell. Investors are paying more now for assets than ever before and as interest rates rise and financing becomes tighter it will get harder to sell. There has never been a better time for investors to sell than now.?
Joe Edge is a member of SIOR and CCIM two the largest commercial real estate designation groups in the country. If you are interested in selling your property, their property management services or if you need help with leasing call him at (706) 627-2789 or email at Jedge@shermanandhemstreet.com
Sherman & Hemstreet Real Estate Co, founded in 1924, is an industry-leading real estate company in the southeastern United States. Sherman & Hemstreet is based in the Metro Augusta area and provides a full range of services, including strategic consulting and execution for commercial sales and leasing, residential sales and leasing, and commercial, single family, and multi-family property management. For the latest news on Sherman & Hemstreet, visit shermanandhemstreet.com.