Unsolicited offers abound in hot market with almost no supply

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Allen Buchanan: Frankly, these numbers are so appealing, it’s caused many to pause and consider accepting the windfall.

With the unprecedented shortage of industrial buildings to buy, abundant capital available and a steady drumbeat of increased demand from investors and occupants, we find ourselves in an acute seller’s market.

You still need the building in which to operate your business. A wise decision was made some time ago to house your business in owned commercial real estate. Through the years, the operation has paid you rent, mortgage balances have been retired, tax benefits achieved and appreciation has occurred. Finally, many approaching retirement years believe this is a great time to sell the company and the real estate and retire.

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