My New Blog

The market seems to be stabilizing somewhat here in Hialeah Gardens, FL. Since Oil has dropped over 23% since the high of $147 a barrel in Mid July it now sits at $113.75. This drop in 1 month's time has eased the price at the pump and given confidence to consumers. Retailers are showing some improvements and I have seen a pick up in activity. Asking rents are being negotiated and Warehouses are leasing rather quickly.

I look forward for continued stabilization in the coming weeks. Reports show that the US Dollar is strengthening against other currencies. This shows the strength of the US Economy and the slowdown which is showing signs around the world. Gold, Oil and Other Commodities continue to come down from the July 2008 highs and if that continues we will see our economy here at home continue to stabilize and move higher. If your considering renting or buying a new warehouse, drop by our BRAND NEW Sales Center located at 10870 NW 138 St #1 Hialeah Gardens, FL 33018. I will be glad to meet with you and show you the excellent opportunities in Warehouses For Sale or Lease.

I look forward to your responses and meeting all of you.

Marcelo L. Merlo, P.A.

Broker-Associate

Global Investment Properties