The downturn in the economy has affected Commercial
Real Estate as businesses tighten their belts and lay off workers
the demand for space drops. Columbus Georgia is an exception to
that rule mostly because of the expansion on Fort Benning. As the
base has expanded to the tune of 3.1 Billion Dollars over the last
3 years so has the demand for Commercial space with businesses that
partner or serve the base expanded in our area. Also businesses
have sprung up who will service the troops stationed here including
everything from super Walmarts, to restaurants, to adult education
schools.
Apartments are also in high demand in our area as the military come into Fort Benning. A high percentage of the new troops are choosing to rent the first year creating a huge demand pressure on local apartment complexes, condos, townhomes, and regular residential rental homes. Investors have tremendous opportunities in our area especially if you happen to be “cash flush”.
Our local Keller Williams office has added a commercial Real Estate office to meet the demand in our area. We would love to talk to you about the opportunities in our area and connect you with our commercial department.
