Where would you go to invest ?
I have been a long time residential RE investor.  I have pretty much done it all when it comes to residential, from amassing a large portfolio of cheap Section 8 rentals, to building 25k sq ft mansions for the mega rich and almost everything in between.   After taking some time off and looking for new adventures, I have decided to jump into commercial RE.  Mostly looking at office/flex space but open to anything really (a deal is a deal).   So my question is this ...... if you could go anywhere in the US right now to pick up deals ..... where would you go ?  I am currently buying a building in NJ, looking at the market in Phoenix and Atlanta (I live in Atlanta)
[{"id": "co67b11", "text": "Class B, Secondary markets.", "replies": [], "depth": 1}, {"id": "co69pic", "text": "Looking at mainly B/C office ....... $2-$10m ", "replies": [{"id": "coej2re", "text": "Same here.", "replies": [], "depth": 2}], "depth": 1}, {"id": "co6cmqi", "text": "I'm a single tenant broker and specialize in NNN deals throughout the U.S.  It depends on how much management you want. If you're not coated by cap I would go to industrial in San Diego where if you get a decent portfolio economies of scale kick in and it makes sense. If you're looking for a check and no management I would look at sit down restaurants with good intrinsics you can get great leverage on. Msg me for more info. ", "replies": [], "depth": 1}, {"id": "co6g1os", "text": "From what I've seen, you're likely out of the price range of this sub. ", "replies": [{"id": "co8rk8z", "text": "$10mm is a relatively small deal in the commercial real estate industry.  Which sub do you think OP should be posting on?", "replies": [{"id": "co91bqm", "text": "Sorry, I thought this was /r/RealEstate \n", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "co6mjo0", "text": "The downtown Nashville office market is something I have been following for some time now (I'm not even located within the market).  I have numerous sources and a steady pipeline of value-add deals there.  Please let me know if you are interested.\n\nIf that doesn't suit you, multifamily in secondary markets seems to be where most of the opportunity is at the moment.", "replies": [{"id": "co6qqmu", "text": "Tell me more about the value-add deals in Nashville.  If by multifamily, you mean apartment complexes, then I would be interested in that as well. ", "replies": [{"id": "co7xfl3", "text": "I would be very interested in further discussing this.  I'll PM you.", "replies": [{"id": "cojpttc", "text": "I'm in the Nashville market if you need anything done locally. ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "co6qdpn", "text": "Greenville, SC. Commercial has been booming in the area. Multi-family construction is up. There will be an increasing demand for office in the area and with your budget you could do a lot. I'd look into nnn deals if I were you. They require minimal management.", "replies": [], "depth": 1}, {"id": "co8se31", "text": "Here in the Inland Southern CA region (One of the major hubs of large industrial buildings) we have little to no 20-80k sf availabilities. I would build a few new single standing warehouses. All we have are massive 1.7mil sf logistic centers or multi-tenant sub 10k sf buildings. \n\nIn the high desert region the same thing is going on. There are plenty of companies looking to move up to Victorville/Hesperia because of the lower cost and access to Los Angeles, but every building up there is a corrugated metal  building that nobody wants to move in to. (Victorville within the last few years passed an ordinance against metal industrial buildings)", "replies": [], "depth": 1}, {"id": "co9bp73", "text": "What's your going in cap OP ", "replies": [{"id": "co9tvgy", "text": "10%+ CAP ... I know that will put me into the 'uglier' markets and buildings but that's OK.  I enjoy rolling my sleeves up, so to speak.", "replies": [], "depth": 2}], "depth": 1}]