Downtown Fresno Real Estate Market
The Pacific Southwest building (middle) was purchased by its current owner over a year ago. There are plans to renovate up to three floors into lofts. The building is currently used for offices, lofts, and banquets. The bank vault was used as an art gallery for June's ArtHop. Strategic Economics (SE) put together a market analysis report for Downtown Fresno. The findings in the report are an excellent introduction to future posts about the Fulton Corridor... Read More
Downtown Fresno Office Market Analysis
This post is about the state of the office market in Downtown and its issues. You can read about the future demand for office space and the market’s potential, here. CURRENT TENANT MIX Employment centers in the City of Fresno. A wide range of businesses, typically, move to major job centers, because it will increase their sales. It is difficult attracting businesses to an area that has not grown, like Downtown. Downtown Fresno has a high concentration... Read More
Downtown Fresno Office Market Potential
The following post is about the expectations Strategic Economics (SE) has made about the office market in downtown Fresno. You can read about the current state of the market, here. POTENTIAL TENANTS View of the County Courthouse from a Pacific Southwest loft. The government will continue to occupy a huge percentage of office space in downtown. This could potentially increase the demand for nearby retail, office, and residential space. Government:... Read More
Downtown Fresno Housing Market Analysis
View of Downtown Fresno from a loft in the Pacific Southwest Building. You can see the cars on Fwy 41, driving to and from the suburbs. The new owner plans to renovate three stories into lofts within three years. Strategics Economics (SE) put together a market analysis report of Downtown Fresno. This post serves a summary of SE’s findings for the housing market in Downtown Fresno and its potential. CURRENT DEMAND The majority of housing, in... Read More
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