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The Future of Commercial Real Estate


Created: April 21, 2021 10:36 PM
(ABC 6 News) - There s no doubt the pandemic has been tough on many businesses, some have shut their doors permanently, while others are opening for the first time. 
With time hopefully we will see Rochester to what we remember it as, Bucky Beeman, real estate agent for Realty Growth Incorporated said. 
No matter where you look in the Med City, you ll see For Lease signs everywhere. 
Beeman says he s seen a handful of new businesses interested in short-term leases, trying to figure out if the market is right for them.
They re trying to determine will they be able to secure a space for a long period of time. So for the time being, they re doing shorter-term leases, some of these smaller companies, Beeman said.  ....

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Med City attorney to move to new office in old building


Myhrom announced his retirement and closure of the shop in the fall. He still owns the building, which has three apartments on the second floor.
Schatz said the hope is to have the transformation from a bike shop to law office completed by the end of April or so. Once the 2,000-square-foot space is ready, he’ll move his practice from 206 4th St SE to the Myhrom building at 44 Fourth St SE.
Why move there, when there are so many open office spaces in Rochester?
“First, the location … I spend a lot of time in court. I can walk to the courthouse. That’s really nice,” he said. “The style of building itself. With the brick and wood floors, I like the industrial look.” ....

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