by Clay Chandler Published: July 25,2010
Hwy. 49 Junction reconstruction six weeks ahead of schedule after twister ripped it apart A.G. Helton’s banker is breathing a little easier these days. Helton, who owns the Highway 49 Junction Shopping Center in Yazoo City, said in mid-July that the center is about 80 percent recovered from the tornado that struck there April [...] [...]
by Clay Chandler Published: July 25,2010
Tags: condo, CottonMill, Starkville’s Planning and Zoning Commission, upscale retail
Approved condo project threatens future of upscale retail project, developers say Larry Tabor, who owns Tabor Properties in Starkville, has a plan to turn the old University Inn at the intersection of Highway 12 and Spring Street in Starkville into 52 condominiums. He has secured financing for the $3.1-million project, whose cost will be wholly [...] [...]
by Amy McCullough Published: July 25,2010
Tags: commercial real estate market, Mississippi, occupancy rates
Mississippi occupancy rates are not great, but it is better than the national average The outlook on Mississippi’s commercial real estate market in the retail sector is slightly better than it is nationwide, but still not what Realtors and developers would like it to be. Mississippi’s retail occupancy rate is 94 percent, as compared to [...] [...]
by Clay Chandler Published: July 25,2010
Tags: real estate value, Restrictions on commercial real estate loans
Restrictions on commercial real estate loans have many predicting another collapse of stock market In 2008, the first serious blow to the economy came when the residential real estate market collapsed. Wildly inflated housing prices and risky mortgages imploded the system, touching off the recession that has affected every corner of the economy. In the [...] [...]
by Clay Chandler Published: July 25,2010
Tags:
Like every other corner of Mississippi, the Coast has seen the value of its commercial real estate drop, a symptom of the global recession that’s been at work the past two and a half years. The oil spill that’s darkened the Gulf of Mexico since April 21 has done nothing but add to the misery. [...] [...]
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