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Every college business student learns tariffs are bad for economies that believe in free markets and competition and textbooks are filled with charts showing how tariffs suck money out of consumers’ pockets. At first glance, imposing tariffs or quotas seems to be the perfect solution to get American industries back
Covid-19 dramatically affected commercial real estate in the Jackson market, but not in the way you might expect. There were several trends that emerged in just the last 6 months, from online shopping driving retail store rent down 22%, to skyrocketing retail sale prices which increased 40% due to a
hattiesburg commercial real estate prices
This article examines the January 2021 prices of the major categories of commercial property in the Hattiesburg MSA, including industrial warehouses, office space and retail stores.  The total Hattiesburg market is 1.44 million square feet of space, with 764,374 square feet for lease (up 19% from one year ago) and 676,836
The most popular method of appraising commercial real estate is not the most accurate. Usually we compare past sales of property and apply the price per square foot, but this is valid only if all the properties are homogeneous, which is never the situation. This article examines three common methods
lease mistakes
Whether you rent office space in a Class A office tower, warehouse space to store inventory or retail space for your coffee shop, your lease probably includes terms that are not good for you but that you agreed to anyway. This article exposes three common mistakes in a lease and explains that
lease prices
This article examines the current prices of the major categories of commercial property in the Hattiesburg MSA, including industrial warehouses, office space, retail stores, shopping centers and vacant land.  The total Hattiesburg market is 1.65 million square feet of space, with 701,317 square feet for lease (up 20% from one year
Lumberton, Mississippi Cooper Power Industrial Facility One of the largest industrial facilities in Mississippi is not located in the Jackson capital or even in any of the 100 largest cities in the state, but in 2,300 population Lumberton, Mississippi, halfway between Hattiesburg and New Orleans. But the property has everything
Prices of Hattiesburg Commercial Property-All Categories This article examines the current prices of the major categories of commercial property in the Hattiesburg MSA, including industrial warehouses, office space, retail stores, shopping centers and vacant land.  The total Hattiesburg market is 1.3 million square feet of space, with 589,410 square feet for
Mississippi Commercial Realty helped Leatha’s BBQ restaurant find their first additional location this month, securing a 5 year lease on a previous Dickie’s BBQ building in Petal, Mississippi. Commercial real estate broker Robert Hand explains:  “Helping Leatha’s lease this additional location was a first for them, but a classic example of what
In this article we examine the Hattiesburg commercial real estate market, with a closer look at office, retail, shopping center and vacant land prices. Office Market There are 80 office properties in the Hattiesburg MSA market, with 52 for lease averaging $14.70/SF and 28 for sale averaging $76.86, with the average property