I have worked in commercial real estate for 13 years. During that time, we have witnessed trends, strong economic indicators and the serious 2008 downturn. The state of commercial real estate is always in flux, but has some strong components as we enter second quarter.
Northern Kentucky is a prime and hot market. The Greater Cincinnati/Northern Kentucky Airport make that part of the region appealing. We are active in the area as evidenced by our signage and presence. This deals with warehousing, and places such as Amazon and DHL. We are blessed with a centralized transportation region that serves much of the Midwest.
Butler and Warren Counties continue as high growth areas and ones in which we have expertise that dates back decades. We have been active players in growing the region for workers, businesses and residents. We specialize in land development and industrial manufacturing – both key segments of our current economy and growth cycle.
Retail continues to be a question mark the industry as consumer behavior and options have adjusted to adapt to the ease of home delivery. The retail segment is in transition and will not completely go away, but will differ from what we have seen.
It really seems growth about lifestyle, plus the ease and experience for the end user, the consumer.
Industrial will continue to be attractive, with tax cuts available and what we all know to be the “Amazon effect.” We also are witness to what millennials and generations behind them really want and expect. It is our job to be a few steps ahead with offerings that are appealing to developers and investors.
We provide a single point of contact; considerable land options offer choice, expertise in development, construction and property management and an enduring history. Our overall goal is to ensure that we deliver work on time and on budget. Understanding the future and the ability to have a viable vision ensures that we will continue to be a valuable and sought after partner.