An Increase In Leads Generates Closed DealsComments Off on An Increase In Leads Generates Closed Deals
Historically, the commercial real estate market tends to slow during the winter season. At Black Diamond, we can confidently report the trend is quite the opposite this year. The new year has brought a vibrant market filled with deal making attitudes. For example, Black Diamond Realty has gained nearly 100 unique leads between industrial, investment, office, land and retail. These statistics are from folks who specifically reached out to us. There are countless others our team has targeted for product specific offerings.
Leads translate into deals. Deal velocity is trending up. In quarter 1, Black Diamond Realty closed five deals in 2016 versus eight deals in 2017. With several weeks to go, Black Diamond Realty has already closed (leases and sales) 12 deals with a strong pipeline. Check out next month’s newsletter to get a snapshot of our Quarter 1 deals.
Leads and deals have picked up across all sectors of commercial real estate, but there are shining stars setting the pace. Black Diamond Realty’s Top 5 Performers are revealed below. These statistics are provided by LoopNet and represent a 90 day period from December 1, 2017 through the end of February.
Investment: 160 Fayette Street in Morgantown, WV
45,146 Search Displays
743 Listing Views
Special Purpose/Event Center/Land: Heston Farm (Upper Level) in Pleasant Valley, WV
42,462 Search Displays
401 Listing Views
Industrial Land: Ventura Drive in Fairmont, WV
20,460 Search Displays
289 Listing Views
Sabraton Plaza: 1397 Earl Core Road in Morgantown, WV
18,202 Search Displays
219 Listing Views
Industrial/Land: 1524 Grafton Road in Morgantown, WV
17,590 Search Displays
171 Listing Views
A “search display” means a property was displayed as a potential fit based upon the criteria input by a specific buyer/tenant. A “listing view” means that an individual clicked specifically on the property. All of Black Diamond Realty’s Loopnet listings are directly linked to its website (www.blackdiamondrealty.net) which generates even greater exposure.
At Black Diamond, we feel the regional market is heading in a positive direction on many different fronts. Momentum is quickly building with tremendous economic excitement to come in the months and years ahead. Buckle up and enjoy the ride.