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#248419 - 09/07/08 11:32 AM Commerical RE
Atl_GA Offline
Member

Registered: 07/18/06
Posts: 23
Hey all I have been researching commercial real estate brokers in the Atlanta area and there seem to be a good amount of them....each giving pros and cons as to why they are the cream of the crop. I saw one group, BullRealty, which really caught my eye but still a little skeptical.

Does anyone have experience with any Atlanta commercial brokers, and if so, who were they and how were they?

Thanks!!

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#248423 - 09/07/08 12:13 PM Re: Commerical RE [Re: Atl_GA]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5330
Loc: georgia
Yes I work in commercial and I am a broker.When you say the Atlanta area most people think of downtown but the Atlanta area encompasses many counties in Ga.

In commercial alot of people SPECIALIZE in different areas.My specialty is land development,multi-family,retail centers,etc.

I couldn't tell you much about warehouse space or industrial.

Is there are specific area of commercial that interests you? It is VERY different than residential RE.

Yes I have seen Bull Realty before but have never dealt with them on a deal.They are a smaller player than some of the big guns such as cb richard ellis,nai brennan goddard,marcus and millchap,etc.

The big guns tend to land the big corporate and institutional clients when the little companies land the more independant to mid range investors.

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#248447 - 09/07/08 04:54 PM Re: Commerical RE [Re: super realtor]
Atl_GA Offline
Member

Registered: 07/18/06
Posts: 23
Well personally I would be interested in leasing and development. I haven't done anything with my license yet bc I'm still trying to see which route I would like to take.

I noticed you stated it's very different. In which aspects might I ask?

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#248466 - 09/07/08 06:30 PM Re: Commerical RE [Re: Atl_GA]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5330
Loc: georgia
How the deals are funded,and all the aspects they are put together with.

For instance with developments you could have tax credits,tax allocation districts,impact fees forgiven that affect whether a project will be viable or not,etc.

Usually it's a fight between what the county and city wants and what the developer wants to accomplish. For instance many cities and counties beleive developers are the red cross and want to do a project for free.If a developer agreed to all terms density,paying for infrastructure,giving land for free to future schools,putting in road and lights,etc. they would not make any money or have the margins required for partners to provide the cash to build the project. All that stuff is very expensive.

Usually there are partners that joint venture on these deals and they take years to happen if at all.Leasing is a different animal in that the time you lease up a new center being built the deal has happened.

I am more on the front end land acquisition where many more things can go wrong along the way.

Needless to say I can't go into all the details as you could write a book.Big deals are complex and all it takes is one moving part to derail the process.

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#248610 - 09/08/08 04:20 PM Re: Commerical RE [Re: super realtor]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 59
I recently had a broker from The Windsor Realty Group in Atlanta tour one of my listings in Philadelphia with their client. I can't speak for them as a whole, but this one particular broker seemed very professional and knowledgeable. Their focus is tenant representative retail leasing. I believe their office is in or near Buckhead.

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