Business, Free News Articles, Real Estate

Local Commercial Real Estate Broker Says 2018 Was Among the Best Years Ever for Media PA Market

MEDIA, Pa. -- Delaware County commercial real estate broker Jeff Dowd, an (Associate Broker) at Zommick McMahon Commercial Real Estate, Inc. completes dozens of transactions each year, making him one of the top commercial real estate agents in the greater Philadelphia region.

Jeff Dowd is especially active in Media, Pennsylvania. He grew up in this area, and he has been working in commercial real estate for more than 18 years. Jeff has done a total of 112 transactions in Media - and more than 60 of these transactions have been completed in just the past six years.

"Media is on fire right now," Jeff says. "Commercial properties are selling fast, and I've done a whole bunch of leases this year as well."

Media, PA is a borough located about 13 miles west of Philadelphia. It is the county seat of Delaware County, with a population of just over 5,000. The town has numerous bars and restaurants, and there are festivals happening here throughout the year. Media has been dubbed "Everybody's Hometown". This small-town vibe combined with the town's proximity to Philadelphia help make it one of the most attractive places in the area to live and do business.

"Media has so much to offer," Jeff continues. "It's a safe and vibrant community that is well-positioned to grow and prosper for the foreseeable future. This is why so many business owners and investors want to be a part of what's happening here."

Properties Sold in 2018 in Media, Pa.:

Here are two examples of commercial properties Jeff Dowd recently sold in Media:

14 W. Front Street: 1,800 square-foot office building located in the heart of Media just one block from the Delaware County Courthouse. This building sold just 15 minutes after it was listed!

33 E. State Street: 1,712 square-foot 1-story retail storefront in a high-traffic area just a block away from Trader Joes. This property sold in just two hours!

The commercial properties Jeff Dowd lists are selling very quickly. He currently has four properties under contract in downtown Media that are due to settle within the next couple months. He also has several leases that are set to be finalized soon.

Demand is especially high right now with office and retail space, and it's definitely a seller's market for these types of properties. But Jeff has a word of caution for those who may be thinking about listing a commercial property for sale in Media:

"The Media, Pa. commercial market is booming right now, particularly with office and retail. I currently have plenty of buyers, but not enough inventory. So, if you've been considering selling, now is a great time to cash in. That said, interest rates are starting to creep up, and they're expected to go higher in 2019. Right now, interest rates are still good and there is no problem finding buyers. But if they get too high, the market might cool down."

For more information, go to http://www.JeffDowdRealEstate.com

About Jeff Dowd Commercial Real Estate Agent Media PA:

Jeff Dowd is a Chester and Delaware County commercial real estate associate broker with 18+ years of experience. Jeff currently serves as Associate Broker and most Senior Salesperson for Zommick McMahon Commercial Real Estate. Zommick McMahon is one of the top names in the industry, serving the area since 1949. During Jeff's career, he has been involved in virtually every aspect of the commercial properties market.

Contact:
Jeffrey B Dowd - Associate Broker
Zommick McMahon Commercial Real Estate Inc.
1306 Wilmington Pike - Suite A-2
West Chester, Pa 19382
Mobile: 610.842.4383
Office: 610.359.1100
Fax: 610.359.1125
jdowd@zmcre.com
http://www.JeffDowdRealEstate.com

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This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Real Estate

Kennett Square, PA Commercial Real Estate Market is Booming, Says Local Broker

KENNETT SQUARE, Pa. -- Chester County commercial real estate broker Jeff Dowd, an (Associate Broker) at Zommick McMahon Commercial Real Estate, Inc. does about 50 deals a year. This makes him one of the top commercial real estate agents in the greater Philadelphia areas. Jeff has nearly two decades of experience in the industry, and he has done numerous multi-million dollar deals in cities and towns throughout the region. Yet in all his years serving this area, he had not been involved in a transaction in Kennett Square until this year.

"I have been in the commercial real estate business for 17 years, and I have never done a deal in Kennett Square, Pa. until 2017," Dowd says. "This year, I have already completed two transactions, and I'm currently working on a third one with a well-known Philadelphia-based restaurant. There has also been talk of a new hotel coming here in the near future."

Kennett Square is a historic town in Chester County, Pa. with a population of just over 6,000 people. It produces roughly 60 percent of the country's mushrooms, which has earned it the nickname "mushroom capital of the world." Dowd believes the surge in the commercial market is largely driven by a strong residential market that delivers great value for home buyers.

"On the residential side, people are flocking here because homes are more affordable, schools are highly-rated, and they enjoy a great quality of life." Dowd continues. "People also appreciate Kennett Square's proximity to both Philadelphia and Wilmington, DE. With the population growing, it only makes sense for restaurants, retail shops and other commercial entities to move in and serve this expanding market."

Here's what Dowd's two most recent clients had to say about their decisions to locate in Kennett Square:

"I've been marketing to a new demographic, and I thought it was time to open another location and make it more convenient for my growing clientele. I've noticed recently that Kennett Square is becoming more developed, so I called Jeff to ask his advice about acquiring a property there. Jeff informed me that Kennett Square was becoming a hot commercial spot, and he went to work right away to find something for me. Jeff negotiated a great deal on a property, and connected me with all the right people to ensure a smooth and seamless transaction. I couldn't be happier with my new location, and I'm currently putting the finishing touches on it so we will be ready to open in the near future," said Dr. Maureen O'Leary, thevertigocentre.com.

"I have been watching the demographics over the past years in the southern Chester County area, and it's a growing area. I thought expanding to Kennett Square would give me a good opportunity to reach the ever-increasing number of people who live there," said Joseph DeSimone, Miracle Ear.

With its storied history, numerous local attractions and festivals, high quality of life, and residential boom, Dowd believes the Kennett Square, Pa. commercial market is super-hot and ideally positioned for exponential growth.

"If you are looking for a great place to locate or expand your business, Kennett Square, Pa. has a lot to offer," Dowd adds. "We are currently in the early stages of a town that is taking off, so now is the perfect time to get in on the ground floor."

For more information, go to http://www.JeffDowdRealEstate.com/.

About Jeff Dowd Commercial Real Estate Agent Media Pa.:

Jeff Dowd is a Delaware County commercial real estate associate broker with 17 years in the business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the area since 1949. During Jeff's career, he has been involved in virtually every aspect of the commercial properties market.

Media Contact:
Jeffrey B Dowd - Associate Broker
Zommick McMahon Commercial Real Estate Inc.
1306 Wilmington Pike - Suite A-2
West Chester, PA 19382
Mobile: 610-842-4383
Office: 610-359-1100
Fax: 610-359-1125
jdowd@zmcre.com

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.