Real estate development is complex and requires the assistance and expertise of many people. This is a lengthy process, often taking years from negotiating the purchase of the land to construction to renting out the building. Experts in commercial real estate understand this process best, but if you’re looking for more information, here is our … Read more
Pinpoint Commercial Real Estate announced today that they have successfully assisted Southern AgCredit, FLCA in the site selection process for their new headquarters. The selected property is located in Ridgeland, Mississippi. Pinpoint’s Sam Cox represented the Buyer, Southern AgCredit, in the transaction. Buster Bailey with H.C. Bailey Companies represented the Seller, Highland Colony Land Company, … Read more
The US retail sales growth forecast for 2022 is 4.1 percent. Although online shopping has rifled the market, many retail developments can still haul in the cash – if located in the right spot. The location of a retail development can make or break a business and will impact sales and how well you can … Read more
Pinpoint Commercial Real Estate announced today that they are proud to present pre-leasing for a proposed Industrial Development located in the 220 Business Park in Madison, County. The development is intended to deploy four (4) 21,000 SF flex buildings with grade level and dock doors in the rear. The ceilings are designed to have a … Read more
In this article, we’ll explain what Equity Multiple is and why you should be using it to help analyze an investment opportunity. The equity multiple (EMx) indicates how much cash you get back from investments. It is considered to be one of the most effective performance metrics in Commercial Real Estate (CRE) and paints a … Read more
Pinpoint Commercial Real Estate announced today that is has closed on the sale of Mini Storage of Ridgeland located at 286 Old Town Crossing, Ridgeland, MS 39157. Located just off Hwy 51 near Jackson Street, the 55,450 square foot self storage asset sits on approximately on 4.41 acres. This complex was built in phases starting … Read more
In the world of commercial real estate finance, few terms are more important than the Debt Service Coverage Ratio (DSCR). In this article, we’ll cover some of the frequently-asked questions about the DSCR and explain how it impacts companies looking to acquire income producing commercial real estate. What Is the Debt-Service Coverage Ratio? DSCR measures … Read more
Pinpoint Commercial Real Estate announced today that is has closed on the sale of Storage Zone located at 189 Country Place Parkway, Pearl, MS 39208. With frontage on Interstate 20, the 38,000 square foot self storage asset sits on approximately on 2.30 acres. The complex was approximately 85% leased at the time of the transaction. … Read more
What is internal rate of return? What does it tell you about the viability of an investment? When is it particularly useful? How do you calculate it? Here’s everything you need to know about IRR or internal rate of return. Understanding internal rate of return Among commonly-used metrics for commercial real estate investors, the internal … Read more
What is net operating income? Net operating income is a foundational metric for a commercial real estate investor–or any investor. Because it compares income and expenses related to a particular investment, NOI provides a means to determine how viable an investment opportunity is for you, given your investment goals and constraints. The definition and formula … Read more
Jackson, Ms – Pinpoint is proud to announce the closing of 1054 Greymont Ave. in Jackson, MS. This 8,332 SF medical office building was located at 1054 Greymont Ave., right across from Mississippi Sports Medicine. We were brought in to handle the disposition of this asset after being marketed for over a year by another firm … Read more
Cash on cash return (ConC) is a buzzword with many commercial real estate investors. Exactly what is cash on cash return and how should you calculate it? Also known as cash yield, cash on cash return is a useful metric that compares the amount of net cash inflow from a property with the amount of … Read more
With Initiative 65 approved in Mississippi, it is time for business participants planning to enter the market in cultivating, processing, testing and retail to begin the process of evaluating and securing commercial real estate. Below we will summarize some of the factors and key points to consider during your search for property that will help … Read more
Exactly what is cap rate in commercial real estate? How is it calculated? What’s a “good” cap rate? What are the pros and cons of evaluating an opportunity using this metric? Let’s discuss answers to each of these questions. What is cap rate, and how is it calculated? Cap rate is short for “capitalization rate;” … Read more
Richland, January 18, 2021 – Pinpoint Commercial Real Estate announced today that is has closed on the sale of the former Vacuum Truck Rental headquarters located at 305 Walker Circle in Richland, MS. The 16,265 SF flex industrial asset is located on 2.68 acres and was built in 2001 with renovations in 2013. The complex … Read more
How many real investment strategies are there? Which ones are the best? Ask real estate investors, and you’ll get a variety of answers to both questions. The “right” answer for you will depend upon what your investment goals are. Do you want to be involved in every phase of the deal, or simply a contributor … Read more
Commercial leases are usually long and complex, which can be quite intimidating, especially if you’re a first time tenant. A commercial lease is one of the greatest expenses a business can make. Therefore, it’s vital to take the necessary steps to ensure protection for your business. How to set your company up for success as … Read more
Pinpoint Commercial Real Estate was featured in the September, 2019 edition of the Mississippi Business Journal. Click the link above to view the article.
It is stressful to find an office or retail space, especially in a competitive market. Locating and negotiating a new lease is never easy which is why it’s important to hire a tenant advisor. Even if you already have an office or retail space but are facing a lease renewal, having a talented tenant advisor … Read more
Good Morning! I am pleased to inform my friends and colleagues on LinkedIn that I have formed Pinpoint Commercial Real Estate. Our mission is to be an innovative, client focused firm that delivers value added services creating long term value for our investors and a positive impact on the community. Our values are integrity, excellence, … Read more