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Rankin Commercial Properties says Commercial Real Estate Back to Black.

September 1, 2010 1 comment

Rankin Commercial Properties says Commercial Real Estate Back to Black.

Rankin Commercial Properties released a press release with their latest market insight.

Raleigh, NC (RCPNEWS) 1, September 2010 – Rankin Commercial Properties announced their latest view on Commercial Real Estate Market Conditions today saying that the industry is “Back to Black.”   

Rankin Commercial Properties a full service commercial real estate firm in Raleigh, North Carolina, has been a market leader in maintaining property portfolios for clients in the South Eastern United States.  Rankin Commercial Properties occasionally releases market updates on conditions surrounding the commercial real estate market.  

“For the first time in a long time, we are seeing significant activity in the Commercial Real Estate markets that suggest a fall out is no longer expected” said Charles Rankin, President of Rankin Commercial Properties.  “Institutional buyers are stepping into investments helping the Dow Jones REIT index significantly outperform the broader market.” FTSE NAREIT’s All-REIT index, comprised of 148 publicly traded REITs, was up 11.7 percent year-to-date as of Aug. 26 while the Standard & Poor’s 500-stock index was down 4.9 percent. Publicly traded REITs represent 15 percent of the total U.S. commercial real estate market.

However, Rankin Commercial Properties forecasted a foreclosure rush earlier in the year which would have offset the scarcity of property acquisition opportunities, which has limited many REITs’ ability to grow as the economy recovers.  “We thought a fall out would have been a good thing, a great thing for our business, but it never happened, now we are focusing on leasing properties and maintaining properties” said Charles.

Rankin Commercial Properties believes Apartments and Retail properties will outperform the market as Office properties and Industrial Properties begin moving off the bottom.  But the fact that the commercial real estate market hasn’t crashed is overall positive. 

According to Rankin, CMBS loans in 2010 while a fraction of the peak in 2007 have already far exceeded the total for 2009. Commercial Real Estate Sales spiked to $9.7 Billion in June, while commercial property values continued to increase at a premium above current rental rates.  The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 79.4% as of July 30, 2010, up from 77.4% as of June 30, 2010. Loan values were 71.1% as of July 31, 2009. In July, DebtX priced 57,801 Commercial Real Estate loans with a $679.5 billion aggregate principal balance. “The fact is, sum 90% of CMBS loans are performing” said Charles.

July’s numbers followed June’s where there was a spike in national multifamily and commercial real estate sales, rising to $9.7 billion in the month. This was the highest volume of significant commercial property sales since September 2008. The increase in activity-over the year, from the first to the second quarter and over the second quarter itself-suggests that investors remain largely undeterred by downward revisions to the economic outlook. The current tally of commercial properties in contract suggests that prevailing levels of activity will be sustained into the third quarter.

“Cap rates are beginning to rise significantly” says Charles “from 9 to 10% last year to 7 to 7.5% today, there still could be a backlash and slight double dip, but still we are talking about capitalization rates at all significant highs yielding great commercial property investment opportunities.”

Apartments will outperform the entire real estate industry as renters move back into the community but aren’t ready for purchasing a home, a common trend following a recession” said Charles.  REITs that primarily own apartment buildings are in a stronger position than those that concentrate on office, retail, and industrial properties. With home prices continuing to fall, and access to credit diminished, renting is the only option for many people who can’t get mortgage loans or aren’t willing to buy a house now. Occupancy rates for apartment buildings are currently running at 92 percent to 94 percent, compared with about 88 percent for warehouses and other industrial properties and 84 percent for office buildings.

But Rankin Commercial Properties believes the Retail Property market is leaning towards a pop.  “US consumers are deleveraging faster than expected, they are cash heavy, and it’s only a matter of time before they start spending.”  Today consumer spending rose slightly as some consumers began fretting off fears of unemployment.  “The worst for the retail industry is over, has been over, and as those retailers begin looking for ways to increase revenue and reallocate funds, property leasing activity is going to rise, and higher spending will increase percentage rents.” 

“In August we saw a pop in Retail sales driven by back to school shoppers and sales tax holidays” said Charles, “that was actually an unexpected improvement.” Better consumer confidence numbers, spending numbers, and August sales numbers are all good signs for Retail Properties.    

Although Rankin Commercial Properties is bearish on the suburban office space and industrial space, they still had a few positives.  “Our entire economy has changed, we simply won’t return to the same conditions we had pre 2007, however, one thing is certain and that is recessions are restored with innovation.  Innovation requires office space and industrial space, the question is where will that innovation come from, Tech, Medical, Research and Development, who really knows at this point, it’s too early to tell” said Charles.

“On a local market level, Raleigh Commercial Real Estate  and Cary Commercial Real Estate have several strengths that will help push a recovery in Office and Apartments as Fort Brag expands and DOD contractors search for offices in the Raleigh-Fayetteville areas” said Charles.   “Other office space users seem to be temporarily medical and counselor driven, however RTP has seen some significant activity recently from Research and Development type corporations.”

“Overall Commercial Properties are ‘Back to Black’ meaning the cash flows are increasing enough to sustain properties and keep bankers from foreclosing.  But significant growth remains weak primarily because the segment is recovering without a washout.  We’ve seen a lot of loans rolled and very few foreclosures in recent months accompanied with stronger leasing activity.”

About Rankin Commercial Properties LLC:

Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties Sees 33% increase in property listing exposure and 240% increase in new tenant rep clients.

February 1, 2010 Leave a comment

Rankin Commercial Properties announced a 33% increase in property listing exposure on their website in January from December 2009

Raleigh, NC (RCPNEWS) 1, February 2010  – Rankin Commercial Properties announced today they had a 33% increase in online web traffic from December 2009 to January 2010 and a 152% increase from the prior year.  Total website unique visitors came to 7,759 the most Rankin Commercial Properties has had in the history of the company.    

With the news, Rankin Commercial Properties announced a 240% increase in new client leads from the prior month.

“We are mainly excited about our internet exposure, as most property seekers are turning to the internet for commercial property listings and searches.  Landlord clients listing their commercial properties with Rankin Commercial Properties are definitely getting more exposure on their commercial property listings than any other firm here in the Triangle,” explained Charles Rankin, President.

About Rankin Commercial Properties LLC:

Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Contact:

RCP Marketing Department

800-737-9632

http://www.rankincommercialproperties.com

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties Lists Multi-Tenant Flex Building for Sale

January 26, 2010 Leave a comment

Rankin Commercial Properties announced the listing of Hargrove Place 1 a Multi-Tenant Flex Building for Sale

Raleigh, NC (RCPNEWS) 26, January 2010  – Rankin Commercial Properties announced today they listed Hargrove Place 1 a Multi-Tenant Investment Property located on Hargrove Rd in North Raleigh For Sale.   

The Multi-Tenant Flex Building offers numerous drive in bays to A+ National tenants as well as local business owners.  The Property is located on Hargrove Rd just north of the CarQuest Headquarters.

About Rankin Commercial Properties LLC:

Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Rankin Commercial Properties Picks Up over 20 New Clients in January 2010

January 12, 2010 Leave a comment

By only the 2nd week of January 2010 Rankin Commercial Properties is off to a roaring start of the new year with over 20 new clients.

Rankin Commercial Properties Logo

Raleigh, NC (RCPNEWS) 12, January 2010  –

Rankin Commercial Properties announced today they had over 20 new clients starting off the year with a bang in 2010.  

“We’ve expected January 2010 to mark the beginning of a very successful period in the commercial real estate market.  With a rebound in leasing activity, we expect to see more lease deals in 2010 than 2008 and 2009 combined” says Charles Rankin, President and CEO.

 But that 2010 doesn’t mean a successful year for the commercial real estate market.  “it has a long ways to climb.” Charles expects Commercial Property Foreclosures to peak as refinancing efforts fall through the cracks. “Banks are more conservative than they ever have been and aren’t even lending even to performing commercial real estate assets.  Requirements have become unattainable for most borrowers, standards haven’t been tightened, they have been wiped out all together.  Banks are only lending to borrowers with virtually no risk” explains Charles.  As an example, he explained some banks will only lend to customers willing to deposit 10% of the loan value.  With LTV rates around 65%, a borrower would need to put down 35% on the purchase price and another 10% in deposits into the bank lending the money.  That’s a 45% down payment.

“Cash is the Real Deal, if you have it, the deals of the decade can be made.” But Rankin Commercial Properties is bullish on the Commercial Real Estate Market from an activity standpoint. “In 2010 we’ll see an abnormal amount of commercial property sales transactions, more big money commercial property acquisitions, and an abundance of commercial property lease transactions.” 

Why all the leases? “We’ve already seen a significant amount of small business start ups from laid off employees with money.  But where the most influence will come from is from the now stronger, leaner, retailers, who will be out taking advantage of bottom market lease rates.” 

Charles goes on to explain that most businesses, especially retailers have reduced astronomical amounts of dept in restructuring and have significantly increased Net Operating Incomes from layoffs and lower debt burdens.  “Businesses are poised for a 15% decline in Gross Revenues and only seeing 10%.”  The result has created a better, stronger, leaner environment for those businesses who have survived the recession and will play a vital role in those businesses expansion efforts over the next 6-9 months.

Rankin Commercial Properties expects new commercial real estate development to remain weak while repositioned commercial properties reap the rewards.  “New development is still too steep, and with the existing inventory of larger anchor space on the market, we’ll need to see some serious absorption before a significant return of new development. “

Rankin Commercial Properties has been making efforts to position itself to reposition existing properties.  The company’s focus is on providing property owners with Leasing, Marketing, and Project Management initiatives to move vacant spaces off the market. “We have a unique position with an incredible team to reposition and strategically release properties.”

George Upchurch, Executive Vice President of Rankin Commercial Properties and Charles Rankin attended the NY ICSC conference last December.  Only their focus wasn’t finding retailers “we went to New York City for one reason, investors, we found what we were looking for and have some exciting plans over the next 12 to 24 months” said Charles.  “However, we did learn quite a bit while we were there; the market is stronger, tenants are stronger, and the lapse between reconciliation and new growth among tenants is narrower.”

Rankin Commercial Properties opened an office in Cary, NC in the fall of 2009 and opened their Raleigh office in 2010.  “You’ll probably see at least one more office in the coming months as our company expands to a more southeastern service level.”

Earlier in the month Rankin Commercial Properties announced a web presence growth of 7000 visitors a month to their website up from 185 per month a year earlier. “This is great news for our clients, it shows our market exposure of our property listings is reaching 7000 searchers a month, most importantly, it shows a drastic change in the amount of property seekers from this time last year until now.”  Rankin Commercial Properties launched a new website on January 1, 2010 and expects to raise site traffic to over 14000 visitors in the next 6 months.  “I can confidently say NO other firm has the internet technology and SEO capabilities of our firm.  We are extremely aggressive on our marketing efforts.”

About Rankin Commercial Properties LLC:

Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties Welcomes Tom Petruccelli

January 12, 2010 Leave a comment

The Rankin Commercial Properties Team Welcomes Real Estate Developer Tom Petruccelli to their team.

Raleigh, NC (RCPNEWS) 11, January 2010  – Rankin Commercial Properties announced today the addition of Real Estate Developer Tom Petruccelli and Real Estate Broker Kenneth Fain to the Rankin Commercial Properties commercial real estate team.

Tom Petruccelli joined Rankin Commercial Properties in December 2009 and became active in the company January 1, 2010. “Tom is a great addition to our team as a General Contractor and Broker” says George Upchurch, Executive Vice President of Rankin Commercial Properties.

Mr. Petruccelli will be working with Rankin Commercial Properties as a General Contractor and Commercial Real Estate Broker.

“Rankin Commercial Properties is working towards hiring the best possible team to face the future commercial real estate market. Our team members come from all backgrounds and knowledge of the market, each member brings a unique dynamic and professional experience to the company that we did not have before” Charles Rankin, President and CEO explains about the new hires.

About Tom:

Tom Petruccelli has been building fine quality residential and commercial properties for over a quarter of a century. In addition to his impeccable reputation for custom built designs, he also helps to build lifestyles, dreams, and exceptional value with the completion of every residential and commercial project.

Tom has been building quality properties in the triangle for over 18 years.

Tom is recognized by the building industry, peers and clients, for his integrity, keen understanding of designs, creativity, and attention to detail. He is a winner of numerous Parade of Homes Awards and consistently delights clients with his talented craftsmanship.

Tom has completed over $50 Million Dollars in real estate transactions in the past 15-18 years.

About Rankin Commercial Properties LLC:

Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties takes Property Listings to a whole new level.

January 12, 2010 Leave a comment

Triangle –

Rankin Commercial Properties takes its commercial property listings to a whole new level of internet marketing.

January 11, 2010

Rankin Commercial Properties Logo

 Rankin Commercial Properties, a Southeastern Commercial Real Estate Company with offices in Raleigh and Cary, North Carolina announced today its internet exposure has exceeded 7000 hits per month.

Statistically 95% of active property seekers look to the internet for property listings.  While Rankin Commercial Properties uses the typical media sources such as Property Line, Commercial MLS, Loopnet, Costar, and 15 other popular search engines, the company has taken its own website above and beyond the competition.

“The internet has leveled the playing field between national, regional, and boutique commercial brokerage firms,” says CEO Charles Rankin, “we are simply using it to pioneer the extent to which it can benefit our clients.”  Rankin Commercial Properties brings approximately 7000 visitors per month to their website.  “That’s up from less than 4000 visitors 6 monnths ago” explains Charles. 

“The company has gone from 3 to 4 client requirements a week to 6 to 8 a day on our tenant and buyer representation side,” explains George Upchurch, Executive Vice President “that’s why we’re actively hiring commercial brokers.”

From a listing perspective, clients are recieving exposure on national property exchanges as well as high traffic exposure on the Rankin Commercial Properties website.

“We just started implementing a new online campaign that we expect will double our online exposure to over 14000 visitors each month” says CEO Charles Rankin, “we’ve already seen a significant increase in tenant requirements in our office during the first week of the campaign.”

Click Here For A Graph of RCP Unique Visitors

The company started mainly as a Tenant and Buyer Representation Commercial Brokerage Firm, but has been slowly increasing their Property Listing services as the companies brand penetrates new markets. 

“National firms are going to have a tougher time competing with regional and local firms in the ‘new’ market.  Not only do we have the marketing capabilities, we have a stronger ratio of man power compared to listings, giving us a stronger position to actively market properties through cold calls, mass mailings, and direct marketing.” -Charles Rankin.

Rankin Commercial Properties expanded from Raleigh, NC into Cary, NC last fall and is currently making expansion plans for Durham, NC.  The company’s listings range from Raleigh to Graham and their current marketing campaign suggests an overall southeastern expansion.

“Our Build to Suit and Tenant Representation services are expanding beyond our local markets, however, we do not currently offer property management, listing, and facilities services outside North Carolina.” says George Upchurch.

Rankin Commercial Properties is a full service commercial real estate firm offering clients brokerage, management, construction, and facilities services. 

Rankin Commercial Properties
Marketing Department
PO Box 1055
Cary, NC. 27512

800-737-9632

www.RankinCommercialProperties.com

Rankin Commercial Properties Expands Cary, NC commercial property listings.

October 28, 2009 Leave a comment

Rankin Commercial Properties expands commercial property listings in Cary, NC with 4200 SF Sublease.  

Cary, NC (RCPNEWS) 27, October, 2009 – Rankin Commercial Properties announces the listing of a 4200+ SF retail / office space in Cary, The office sublease is located in the Preston Park business center on the corner of James Jackson Ave and Towerview Court.  Rankin Commercial Properties is a full service Commercial Real Estate Firm and specializes in Property Management, Facilities Services, and Brokerage Services in the areas of Office Space, Retail Space, Industrial, Flex, Warehouse, Land, and Mixed-Use.

Rankin Commercial Properties is the triangle areas fastest growing commercial real estate firm rising from less than 34,000 SF of listings in 2008 to over 500,000 SF of listings in 2009.   The company opened a Cary Office in September of 2009 and currently has Cary Office and Cary Retail listings on Chatham Street in Downtown Cary, James Jackson Ave, and potentially a new development opportunity in NW Cary.  

Chandler Brewer and Sam Thornton from the Rankin Commercial Properties Cary Office are overseeing the marketing and ultimately the leasing of the Cary Office Space.  More information on the available office space listing can be found on the Rankin Commercial Properties Website www.rankincommercialproperties.com or Cary Office Space website www.CaryOfficeSpace.net .

The 4200 SF Cary Office Space (Cary Office Sublease) is located near the intersection of Maynard Road and James Jackson Ave in Preston Park.  The office space may be used as Cary retail space and is an ideal location for an office user who needs retail exposure for their business. Businesses in the area include Dogtopia, a Pet Day Care Facility, and Preston Children’s Academy.  James Jackson Ave connects Cary Parkway near Preston Walk (Biaggis, Panera, etc)  to Maynard Ave.  A great central location for any business user.

Listings aren’t the only activity for Rankin Commercial Properties in Cary, NC.  Last Friday, Rankin Commercial Properties announced the lease signing of a 3520 SF Retail Space in Saltbox Village.  Rankin Commercial Properties represented the tenant, The Meat House, in the transaction.

For more information on listing Office Space in Cary, NC or Cary Office Space for Lease. Visit www.rankincommercialproperties.com

Rankin Commercial Properties corporate office is located in North Raleigh on Wake Forest Road.  

For more information about Rankin Commercial Properties visit: http://www.rankincommercialproperties.com

About Rankin Commercial Properties LLC:
Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Contact:
Director of Marketing
Rankin Commercial Properties
800-737-9632
http://www.rankincommercialproperties.com

###

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties Contract Services lands new landscape maintenance contract in Raleigh, NC

October 24, 2009 Leave a comment

Rankin Commercial Properties Contract Services lands new landscape maintenance contract in Raleigh, NC

Rankin Commercial Properties lands new landscape maintenance contract on a 30,000 SF Office Building in Raleigh, NC.

Rankin Commercial Properties Logo

Rankin Commercial Properties Logo

Raleigh, NC (RCPNEWS) 23, October, 2009 – Rankin Commercial Properties announces the closing of a large landscape maintenance service contract on a 30,000 SF office building in Raleigh, NC.  Rankin Commercial Properties is a full service Commercial Real Estate Firm and specializes in Property Management, Facilities Services, and Brokerage Services in the areas of Office Space, Retail Space, Industrial, Flex, Warehouse, Land, and Mixed-Use.

Bart Allen and Charles Rankin negotiated the contract.  As a full service commercial real estate firm, Rankin Commercial Properties and its RCP Contract Services offer Landscape Services to a select group of property owners in Raleigh, NC.  The RCP Contract Services Division was established by Rankin Commercial Properties to help property owners manage their properties at affordable rates for exceptional services.   

Rankin Commercial Properties corporate office is located in North Raleigh on Wake Forest Road.  .

For more information about Rankin Commercial Properties visit: http://www.rankincommercialproperties.com

About Rankin Commercial Properties LLC:
Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Contact:            
Director of Marketing
Rankin Commercial Properties
800-737-9632
http://www.rankincommercialproperties.com

###

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties Contract Services lands new 30K SF cleaning and janitorial contract in Raleigh, NC

October 24, 2009 Leave a comment

Rankin Commercial Properties lands new cleaning contract on a 30,000 SF Office Building in Raleigh, NC.

Raleigh, NC (RCPNEWS) 23, October, 2009 – Rankin Commercial Properties announces the closing of a large cleaning and janitorial service contract on a 30,000 SF office building in Raleigh, NC.  Rankin Commercial Properties is a full service Commercial Real Estate Firm and specializes in Property Management, Facilities Services, and Brokerage Services in the areas of Office Space, Retail Space, Industrial, Flex, Warehouse, Land, and Mixed-Use.

Bart Allen and Charles Rankin negotiated the contract.  As a full service commercial real estate firm, Rankin Commercial Properties and its RCP Contract Services offer Cleaning and Janitorial Services to a select group of property owners in Raleigh, NC.  The RCP Contract Services Division was established by Rankin Commercial Properties to help property owners manage their properties at affordable rates for exceptional services.   

Rankin Commercial Properties corporate office is located in North Raleigh on Wake Forest Road.  .

For more information about Rankin Commercial Properties visit: http://www.rankincommercialproperties.com

About Rankin Commercial Properties LLC:
Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Contact:
Director of Marketing
Rankin Commercial Properties
800-737-9632
http://www.rankincommercialproperties.com

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Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rankin Commercial Properties closes Office Lease at Gallery Park Office Building in North Raleigh

October 24, 2009 Leave a comment

Rankin Commercial Properties closes Office Lease at Gallery Park Office Building in North Raleigh

Rankin Commercial Properties begins closes small office lease at Gallery Park in Raleigh NC on Wake Forest Road.

Rankin Commercial Properties Logo

Rankin Commercial Properties Logo

Raleigh, NC (RCPNEWS) 23, October, 2009 – Rankin Commercial Properties announces the closing of a small office lease at one of the Gallery Park Office Buildings in Raleigh, NC.  Rankin Commercial Properties is a full service Commercial Real Estate Firm and specializes in Property Management, Facilities Services, and Brokerage Services in the areas of Office Space, Retail Space, Industrial, Flex, Warehouse, Land, and Mixed-Use.

Chandler Brewer from the Rankin Commercial Properties Cary Office negotiated the deal as the landlord’s representative. 

Rankin Commercial Properties corporate office is located in North Raleigh on Wake Forest Road.  .

For more information about Rankin Commercial Properties visit: http://www.rankincommercialproperties.com

About Rankin Commercial Properties LLC:
Rankin Commercial Properties (RCP) is a Full Service Commercial Real Company.  Encompassing all aspects of commercial properties, RCP offers Property Management, Brokerage Services, Tenant Representation, Landlord Representation, Facilities Services, Property Maintenance, Construction, Landscaping, and Cleaning & Janitorial Services. The company currently employs over 13 full time and part time personnel.

Rankin Commercial Properties is North Carolina’s Premier Source for Commercial Real Estate Expertise. Our team specializes in Office, Retail, Industrial, Land, and Investment Properties. Unlike most Commercial Real Estate Companies, Rankin Commercial Properties (RCP) is a Full Service Commercial Real Estate Company offering Landscaping, Cleaning & Janitorial, Property Management, Brokerage, Marketing, Maintenance, and Financial Services. Our “all around, hands on” approach not only gives us the knowledge to negotiate fair deals, but the ability to lower operating costs for most investment properties. The Rankin Team has an uncanny ability to creatively and analytically determine proper solutions to every commercial real estate need. Rankin Commercial Properties is devoted to building long term relationships with its clients and community.

Cary Retail Space, Cary Office Space, Cary Commercial Real Estate, Raleigh Retail Space, Raleigh Office Space, Raleigh Commercial Real Estate

Contact:
Director of Marketing
Rankin Commercial Properties
800-737-9632
http://www.rankincommercialproperties.com

###

Categories: Build-to-Suit, Buyer Representaion, Cary Commercial Real Estate, Cary NC Commercial Real Estate, Cary Office Space, Cary Retail Space, Commercial Broker, Commercial Real Estate, Commercial Real Estate Investing, Commercial Real Estate News, Industrial Space, NC Commercial Real Estate, North Carolina Commercial Real Estate, Office Space, Property Management, Raleigh Commercial Real Estate, Raleigh NC Commercial Real Estate, Raleigh Office Space, Raleigh Retail Space, Rankin Commercial Properties, Real Estate, Real Estate Developer, Real Estate Finance, Real Estate Investment, Retail Space, Seller Representation, Tenant Representation, Uncategorized Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,