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Found 6 blog entries tagged as Commercial Real Estate.

Map from Housing and Urban Development Opportunity Zone Locator
Map Credit: Housing and Urban Development Opportunity Zone Locator

By: Alex Griffin
Investment Associate | Beman Group

Blanchard and Calhoun Real Estate | Commercial Division

Government incentives are a great way for real estate investors to increase their return on investments. These incentives usually fall in 3 categories: (i) decreasing your individual tax obligation, (ii) lowering the total project costs, or (iii) lowering the project’s annual operating expenses. Let’s focus on four of these incentives available in most municipalities. (Note: I will focus on the programs available in Augusta, Georgia as this is my home market).

1.     Federal Opportunity Zone.
The Federal Opportunity Zone is the newest government program designed to boost

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 Downtown Augusta

by Alex Griffin
Investment Associate | Beman Group
Blanchard and Calhoun Real Estate Commercial Division

You’ve no doubt been to some of downtown Augusta’s new restaurants or entertainment locations: Edgar’s Above Broad, Miller Theater, Pineapple Ink Tavern, etc. You’ve probably also seen a lot of vacant buildings, just sitting empty with no lights on and making downtown look like a strange hodgepodge of thriving and dying. A lot of people don’t understand why more buildings aren’t renovated, and I hope to explain those challenges below and what we can do to help mitigate those challenges.

The main reason for the lack of new development or renovation is the gap between rental rates and construction costs. Building a new building in Augusta

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Michael Siewert

Michael "Signature Mike" Siewert is an established Interior Designer and owner of Signature Interiors. After working with The Beman Group to select the site of his boutique located at 1403 Monte Sano Avenue, We wanted to discuss with him the importance of a good space, and his newest site coming to Fury's Ferry Road in Martinez.

 

What inspired you to pursue interior design?

I grew up with a Theatre background. I went to a Performing Arts High School with people like Lavelle Smith, Michael Jacksons choreographer and Paige Davis, the host of Trading Spaces. I decided I didn’t have a Bohemian heart and decided to change my path. I found that Interior Design was still a creative outlet for me and I had been decorating and redecorating my room

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Rachel Biestman, The Darling Loft Salon

Rachel Biestman is the owner of The Darling Loft Salon, a small boutique salon specializing in hair color, transformative cutting, and special event services. We recently discussed with her how the process of opening her business has been and how having a quieter and more intimate space for her salon has presented an opportunity for her during the pandemic.  

   

What or Who Inspired You to Start your Business? 

Salon ownership is the end goal for many stylists when they begin in the industry, but that hasn't always been the case for me. I had considered it for many years but didn't see the niche for the type of business I wanted to create until the first day of the stay-at-home order in March. After working in several

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Commercial Real Estate News

By Alex Griffin | Investment Associate | Beman Group
Blanchard and Calhoun Commercial

A new decade has begun, being led by what is certain to be an interesting year: 2020. The Roaring Twenties have begun again and this year will bring about uncertainty in politics (election year), the economy (longest expansion in US history and ongoing trade wars), and geopolitical concerns (Iran, Russia, China, etc.). With real estate, I expect there to be a lot of surprises as well, and I hope to highlight a lot of the news in real estate throughout the year. That being said, here are 3 news stories to kick start your 2020!

Heitman Names Top Real Estate Markets
Real estate investment manager, Heitman, has named their top three metro markets for global real

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Blanchard and Calhoun Top Broker

Augusta, GA- March 19, 2019- Blanchard and Calhoun Commercial Real Estate announced today that it has been named Top Leasing Firm and Director Davis Beman has been named Top Industrial Leasing Broker in the 2018 CoStar Power Broker Awards for the Augusta/Richmond County Market. The Awards are presented by CoStar Group, Inc., the leading organization recognizing professionals and firms who closed the highest transaction volume in their respective markets, along with recognizing professionals in several Commercial Real Estate categories including office leasing, retail leasing, industrial leasing and sales.

“We highly value all of our Broker partnerships such as CoStar and are honored to be recognized as Top Leasing Broker and Firm in the Augusta CRE

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