Monthly Musings.

Thoughts on the Real Estate market and beyond.

Tales from a far off land

Nov 06 2014

Over the years I have attended many trade shows – food ingredients and finished products, giftware and household items, sporting goods and outdoor wear. But this was my first real estate trade show. Most shows have been accompanied by a specific shopping list. Meeting with suppliers, Finding new suppliers.…


Is there a place for romance?

Nov 02 2014

We know that a major tool of the residential real estate agent is emotion. Having a potential buyer fall in love with a house is not only one of the keys to sealing a deal, but also to extracting maximum value. But do, or should, the same tactics be applicable with commercial and industrial real estate?

Buying…


Lease of office unit in Drury

Nov 01 2014

Thanks to Mike Marinkovich of Bayleys East Tamaki for his assistance in leasing a small office unit in Drury


October Transactions

Oct 31 2014

Thanks to Mark Bramwell of CBRE for assistance with the lease and sale of a  2180 m2 warehouse on 6090 m2 site in Wiri.

Thanks to Josh Franklin of Knight Frank for assistance with the sale of a tenanted investment in Polaris Place, East Tamaki.

Thanks to Ben PIlley of Jones Lang…


Staying Alive - Health and Safety reminder

Oct 31 2014

We value the health and safety of our clients. Often our available properties are being refurbished, which means that they are a work site and therefore potentially a health and safety hazard whilst work is being undertaken.

We must insist on appointments being made before visits, and then…


OPEX vs Rental

Oct 04 2014

We know that tenants focus on rentals when considering properties to lease. And we know that very often OPEX are given scant consideration. They are perceived to be what they are. Whilst rentals on a per square metre basis don’t vary massively, we know that when converted to a “per cubic metre” or…


Election ’14 – What a disappointment!

Oct 04 2014

We should have known that something was amiss when the usual pre-election slowdown failed to deliver. We kept waiting for the market action to slow – but it didn’t. And we kept waiting for the dreaded phrase “we’ll wait till Winston decides’. But it never came. The deals kept coming. We felt so let…


September Transactions

Sep 30 2014

Thanks to Josh Franklin of Knight Frank for assistance with the sale of a 1000 m2 warehouse in Kerrs Rd, Wiri.
Thanks to John Bolton of Bayleys, East Tamaki for assistance with the purchase of a 970 m2 street frontage, showroom / warehouse in Harris Rd, East Tamaki.
Thanks to Josh Franklin…


Sale in East Tamaki

Sep 05 2014

Thanks to Josh Franklin of Knight Frank for his assistance in the sale to an owner-occupier of a 550 m2 vacant industrial building in East Tamaki.

A very professional transaction.


The way we were

Aug 31 2014

The Way We Were” was a 1973 Hollywood movie starring Robert Redford and Barbra Streisand. A box office success, the film won Academy Awards for Best original Dramatic Score and Best original Song.

The way we were also often appears as a refrain from those who are resistant to change and…


Buying and Selling Update - August 2014

Aug 21 2014

The last three months have seen several Expedio properties sold, one bought and 2 leased.

Thanks to Katie Wu of Bayleys for organising the purchase of a property in Sir William Ave, East Tamaki, as well as the lease of 16C Lady Ruby Drive, also in East Tamaki

Thanks…


The election year GDP

Jul 03 2014

The cycle repeats itself. Every election year the markets slow up so much in the lead up to an election that we may as well go to the beach. Even during our time in the food industry, the pattern was the same. Turnover drops, and commercial inactivity is rampant. And one would think that even during…