2010 promises to be another challenging year, but as long as you plan your work and work your plan, things should be ok.

Commercial Real Estate in NW Arkansas is really not much better than the rest of the country. Our area is really a third or fourth level commercial market, with one big caveot: We have the largest retailer, largest company in the world right in out our back door. Wal-Mart has and will continue to drive all that is growth in this region, and their growth doesn't look like it will stop any time soon.

More about commercial: new development projects are at a standstill. Retail vacancies are in the mid-20's, multi-family high teens, office space in mid teens, medical in the low teens, and industrial in the low teens. It's a great time to be a buyer or a prospective tenant.

Banks are at a turning point as well. While many are in good shape, most have significant developments on their books, and examiners are going to look to have banks draw that down significantly in the coming two years. In addition, to qualify for any type of commercial loan, you must have stellar credit, a great project, and must be prepared to put down at least 20-30%.

Listed properties I have include office space, plenty of great priced retail space, several well-positioned corner buildings for sale, great industrial space for sale or lease, etc. Contact me today, and let me see what I can do to help your business!

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Kelly Ellis
"READY FOR YOUR BUSINESS"
Executive Broker
CBC Faucette
12 Colt Square
Fayetteville, AR 72703
479.236.2566
http://www.cbcfaucette.com/
kellis@cbcworldwide.com