My Advice Find A Niche.

In my other blog, The Real Estate Professor, I mentioned that in my opinion it's going to take some time for some meager commercial real estate brokerage activity to return.

Commercial sales and leases are at an all time low in Middlesex Country of Massachusetts which contains 51 cities and towns. Suffolk Country( Boston) is no better off.

For many years Ive been engaged in various aspects of "vertical real estate" starting with Cable Television head-end sites and relay towers in the 1980's , then radio and televisions towers led me to the Outdoor Real Estate Business which then pointed me to telecommunication cell towers.

Recently I took a research trip to the mecca of US outdoor advertising and billboards, New York City. I met and talked with a many in the outdoor & billboard business, and many more savvy property owners and some sharp and experienced commercial real estate brokers.

So I've returned and to a former niche - outdoor advertising or billboards, but with a much different twist or rather a different perspective.

Rather then representing big billboard I've decided to assist, consult, represent and negotiate for property owners who license, rent or lease to such firms.

After considerable internet research I ow believe that there is both perhaps a national and even an international need for such specialised services. Only time will tell.

In the meantime I'll keep a toe in the slowly moving currents of commercial brokerage while I pursue a new and exciting business opportunity.

By the way, do you know anyone who leases property to a billboard firm?

BillMcInerney

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