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Introducing Tim Bradley, commercial real estate specialist

TIM BRADLEY   Mar 04, 2010 2 COMMENTS

In no particular order, I am a commercial real estate broker, a father-to-be, a Rotarian, a snowboarder, an appraiser, a husband, a white-water rafter, a yogi-in-training, and a Scrabble player. I love westerns, anything by Quentin Tarantino, and The Princess Bride. Vices include red wine and bourbon. Chocolate is a virtue, especially dark chocolate. Travel. Education. The Who. And chocolate.

As most of my day is consumed with the commercial real estate market in Jackson Hole, I plan to share with you stories of new business openings (did you know that Moo's Gourmet Ice Cream is moving•), the history of some of the buildings in town (the Jackson Drug building was just bought back by the grandson of its original owner), and changes in laws and regulations that might affect you as a commercial property owner (mmmmm, Comprehensive Plan). I'll keep you up to date on vacancy rates, who is moving in and out, and talk with business owners about the market.

Over the past two years, our commercial market has experienced the worst downturn in its history, and commercial prices have been slashed. Vacancies are higher than anytime in the past decade, and lease rates have dropped from 20 to 40 percent from their peaks in 2007. I believe the worst is behind us, with prices and lease rates finally stabilizing. We are now receiving regular inquiries from new businesses about leasing space in all segments of the market: retail, office, and warehouse, marking a dramatic change from the closings and lease renegotiations that characterized 2009. I look forward to sharing a year of new success stories with you, and hearing what's on your mind as well.

Here's to 2010!

Tim Bradley and his two partners own Contour Investment Properties, a boutique real estate firm in Jackson Hole, Wyoming that specializes in commercial real estate leasing and sales. In the arena of commercial real estate, he has earned the designation of Certified Commercial Investment Member (CCIM) and is a member of the Appraisal Institute (MAI).