OBX Commercial Real Estate Newsletter: September 2021
by Larry Lombardi, on Sep 8, 2021 7:00:00 AM
OBX CRE Spotlight
Chris Todd
First Vice President
Quick Facts
- I live in Norfolk, VA with my wife, Vanessa Todd.
- I'm originally from Virginia Beach, VA.
- I received a wrestling scholarship to Old Dominion University (ODU) and graduated in 1995.
How long have you been working in commercial real estate?
How did you first get into real estate?
What was your first CRE transaction?
What was your most memorable CRE transaction?
What's your favorite part of working in CRE?
How would you describe the commercial real estate market in northeastern NC and the Outer Banks?
Can you share one great piece of advice for someone looking to buy/lease commercial property or land?
What is your favorite thing about the Outer Banks?
What's your favorite way to spend your free time?
5 CRE Must-Reads
1. "The cardboard real estate boom is here"
2. "It started as a nice amenity to have and, as time has marched on, it has become a must-have."
3. "Proptech’s potential to drive positive change in commercial real estate is substantial... widespread adoption remains a challenge."
4. U.S. Industrial Market Sets Records Halfway Through the Year
5. "This shift in work and office policies is inevitably having an impact on landlords."
Featured Property
Retail Building in Barco
Endless opportunities with amazing road frontage and exposure! This property is located adjacent to an extremely successful long standing business (Bait/Tackle/Hunting store). Smoke shop, Retail, indoor shooting range, convenience store and so many other opportunities for this building/land. With over six acres behind/beside the building, there is room to expand. There are small offices sectioned off inside the building along with porches on the perimeter. Plenty of parking and great exposure.
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