Thoughts on the Real Estate market and beyond.
The South Auckland industrial property market continues to be extremely dynamic – with Expedio seeing our share of the action. As at the last week in February we have 5 sales contracts under Due Diligence – off market transactions with agents who had specific client requirements they came to us with.
Whilst there has seemed to be reasonable levels of enquiry over the first month of the new year, we see a part of this being due to the lack of available stock. We are seeing numerous potential tenants viewing multiple properties with multiple agents. With East Tamaki vacancies being exceptionally…
It is generally accepted that tenants in industrial units which are part of a body corporate will pay management fees. Dependent on the organisation running the body corporate, and how much or how little of a service they provide, those fees will range between very little (very seldom) and around…
Over the last few years there has evolved a new business funding tool called crowdfunding. In the past new and small businesses that could not access bank and/or finance company funding would turn to what are commonly called the three F’s: family, friends and fools. But with crowdfunding, which has…
The last few weeks have been busy at Expedio with transactions. Our website is up to date with available stock – but what it doesn’t show is upcoming availability where there are new acquisitions coming available, or tenant’s leases are expiring and not yet confirmed renewals. Call us for details…
Coming up soon are 3 interesting properties, for different reasons.
154 Harris Rd, East Tamaki is a street frontage warehouse/showroom/office property which is ideal for a business wanting prime exposure. Our website lists the building as 454 m2 warehouse and 395 m2 office…
It’s a refrain we hear often from agents, and it goes something along the lines of “they told me they wanted to lease 1000 m2. So I showed them about 20 properties available for lease around 1000 m2. And they ended up buying 600 m2 with another agent”
You can substitute different numbers in different…
Back in the days PPS ( pre play station) many parents would amuse, or perhaps pacify, their children by reading to them.
Often there was also an element of education in the stories they told. Stories,or fables,or rhymes, were handed down from generation to generation, and contained a message.…
To Mike Marinkovich of Bayleys East Tamaki for his assistance with the purchase of a stand alone tilt slab warehouse in McLaughlins Rd, Wiri.
To Damon Wyllie of Knight Frank for his assistance in leasing a small warehouse unit in Plunket Ave, Manukau.
One of the first lessons I was taught in sales school was “qualify the client”. Therefore it is always an amazement to me when salespeople do not. The old adage “time is money” is used over and over. And it is especially true for those of us who spend a significant amount of time on Auckland’s clogged…
The team at Expedio would like to take this opportunity to wish all our clients, agents and suppliers an enjoyable and safe festive season. We will be variously on the water, at the beach, and in the bush, recharging our energy for the year ahead. We hope you get a chance to do the same.
The Expedio office will close on Friday 19th December and re-open on Monday 12 January. But should we be needed, the email and the cell phones will still be turned on.