Hey BP Team, first time poster here!
I would like to know if there are any good strategies for buying and occupying serially vacant commercial properties.
I live in an area that is undergoing a huge residential and industrial construction boom. Currently, we have a TON of vacant commercial space. These are units in shopping centers from 1500 sq ft up to > 50,000 sq ft stand-alone units. Most of these spaces have been sitting for years. My areas population is predicted to double within the next 30 years so at some point there will be a serious demand for these spaces.
Are there any strategies for identifying the proper timing between serial vacancy and high demand?