Market analysis is important to users, investors, and developers. Tenants leasing space need to know current market conditions, and what market rents will likely be in the near future when determining how much to spend on rent and the length of term that is appropriate. Users and investors are both concerned with the amount they are paying for property. Therefore, they need to make many of the same decisions as developers. It is crucial for developers to understand aspects such as market rents, absorption rates, construction costs, gaps in the market and the cost of capital in order to make an informed decision about where, when and whether to develop.
Our advisers use their expertise, in-depth market knowledge and resources to perform comprehensive market analysis for our clients. This allows for a more confident decision-making process and will insure our clients that they are making the best decision for the long-term sustainability of their company. Being more knowledgeable about a given market allows our clients to focus their efforts on areas that will allow for the growth of their company’s profitability.
Johnson City, Tennessee
Mitch Cox Realtor, Inc. was founded in Johnson City in 1979 and remains the number one broker in commercial real estate in the area. We know Johnson City. Having operated in the same market for over 35 years has given our team unique insight into the office space and retail space markets. We have connected numerous doctors, publicly-traded companies, global businesses, and restaurant owners with their dream locations in Johnson City.