Michael's Commercial LLC

Commercial Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:

Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.

The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on October 31, 2008:

Commercial Sublease - Fredericksburg, Virginia

Property Description:

Sublease - 1,790 Square Feet Office Space – Triple Net (NNN) Lease * Great Space for Small Company, Architect, Accountant * Reception Area, 4 Offices, Conference Room, Kitchen/Break Area, 2 Bathrooms * Free Parking Available * Zoned PD-C (Planned Development - Commercial District) * Approximately 1.5 Years (July 2010) Remaining on Existing Lease * Priced Below the Comps *

Area Description:

Central Park is a shopping complex in Fredericksburg, Virginia, with over 255 businesses. The complex is located near the intersection of Interstate 95 and State Route 3. Many national big-box stores, restaurants, and smaller local businesses occupy the Central Park complex. The complex has 2,200,000 square feet (204,000 m2) of leased retail space. The complex's developer, the Silver Companies, describes Central Park as "The East Coast's Largest Power Retail Center". In the 2004 rankings from the American Studies Department at Eastern Connecticut State University, Central Park was ranked as the largest unenclosed mall (and the second largest mall) on the East Coast, and as the seventh largest mall in the United States. Excerpt from Wikipedia - Central Park (Shopping Complex).

Property Features:

1. 1,790 Square Feet - Ground Level
2. Two Entrances
3. Great Location in Central Park
4. Close Proximity to I-95
5. Free Parking
6. Priced Below Comps

Price: $12.00 PSF NNN

Contact Information:

Michael Setunsky, CCS
Michael's Commercial LLC
Licensed in Virginia
703.831.4028
703.680.9389 (F)

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Sublease - Fredericksburg, VA – October 28, 2008

Commercial Lease - Northern Virginia

Property Description:

Office Space – Triple Net (NNN) Lease * 3,200 Square Feet * Three Units (Upper Level) Uses Include Professionals such as Surveyors, Architects, Lawyers, doctors and similar Professions as well as Governmental Uses * Three Entries, 8 Offices, Conference Room, Two Bathrooms, Break Area * Assigned Parking – 11 Spaces * Zoned B-1 (Professional Business Office District) * Five Year Lease w/Option or Ten Year Lease * Priced Below the Comps * Call for Package *

Area Description:

Prince William County is located in Northern Virginia approximately 35 miles southwest of Washington, DC. It is bounded on the north by Fairfax and Loudoun Counties, on the east by the Potomac River (Maryland), on the south by Stafford County and on the west by Fauquier County.

Prince William County encompasses a total area of 348 square miles (222,684 acres) and a total land area of 338 square miles (216,269 acres). Prince William County includes within its boundaries the independent cities of Manassas and Manassas Park. The combined area of Prince William County and the independent cities is 360 square miles (230,626 acres). Federal land accounts for 41,671 acres (18.8% of the total area) and includes Quantico Marine Corps Base, Manassas National Battlefield Park and Prince William Forest Park.

Mosby Street is in close proximity to the Court House and Government Offices with traffic counts of 19,000 AADT (Grant AV (234 Bus) / Church ST).

Property Features:

1. Three Units (Upper Level)
2. 3,200 Square Feet
3. Three Entrances
4. Great Location on Mosby Street
5. Close Proximity to Court House and Government Offices
6. Assigned Parking – 11 Spaces
7. AADT – 19,000 (Grant AV (Rt 234 Bus) / Church ST)
8. Priced Below Comps

Price: $15/00 PSF NNN

Contact Information:

Michael Setunsky, CCS
Michael's Commercial LLC
Licensed in Virginia
703.831.4028
703.680.9389 (F)

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Lease - Manassas, VA – October 23, 2008

Commercial Lease - Northern Virginia

Property Description:

Office Space – Triple Net (NNN) Lease * 5,424 Square Feet Consisting of 15 Offices, Kitchen, Three Bathrooms, Reception/Waiting Area * Plenty of Parking * Zoned B-1 (General Business) * Five Year Lease w/Option or Ten Year Lease * Ideal for Medical Office, Corporate/Company Office * Building is Located in Close Proximity to I-95 with Easy Access to Marine Corps Base Quantico and Fort Belvoir * Priced Below the Comps * Call for Package *

Area Description:

Prince William County is located in Northern Virginia approximately 35 miles southwest of Washington, DC. It is bounded on the north by Fairfax and Loudoun Counties, on the east by the Potomac River (Maryland), on the south by Stafford County and on the west by Fauquier County.

Prince William County encompasses a total area of 348 square miles (222,684 acres) and a total land area of 338 square miles (216,269 acres). Prince William County includes within its boundaries the independent cities of Manassas and Manassas Park. The combined area of Prince William County and the independent cities is 360 square miles (230,626 acres). Federal land accounts for 41,671 acres (18.8% of the total area) and includes Quantico Marine Corps Base, Manassas National Battlefield Park and Prince William Forest Park.

Old Bridge Road is located close to I-95 with traffic counts of 38,000 AADT.

Property Features:

1. Office Space (Upper Level)
2. 5,424 Square Feet
3. Front and Rear Entrance
4. Great Location on Old Bridge Road
5. Easy Access to I-95
6. Parking in Front and Side of Building
7. AADT – 38,000 (Old Bridge Road / Occoquan Road)
8. Priced Below Comps

Price: $15/00 PSF NNN

Contact Information:

Michael Setunsky, CCS
Michael's Commercial LLC
Licensed in Virginia
703.831.4028
703.680.9389 (F)

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Lease - Woodbridge, VA – October 23, 2008

The Commercial Property Market Report for Prince William County is offered as a service of Michael’s Commercial LLC. The September 30, 2008 market report is categorized by the commercial Prince William County Zoning Districts:

Legend:

• B-1 (General Business District)
• B-2 (Neighborhood Business District)
• B-3 (Convenience Retail District
• O(L) (Office Low-Rise District)
• O(M) (Office Mid-Rise District)
• O(H) (Office High-Rise District)
• O(F) (Office/Flex District)
• M-1 (Heavy Industrial District)
• M-2 (Light Industrial District)
• M/T (Industrial/Transportation District)
• MIXED Commercial

*The data presented here is compiled from information provided by the Metropolitan Regional Information System.

The Commercial Property Market Report is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Property Market Report – Prince William County – September 30, 2008

Commercial Land Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:

• B-1 (General Business District)
• B-2 (Neighborhood Business District)
• B-3 (Convenience Retail District
• O(L) (Office Low-Rise District)
• O(M) (Office Mid-Rise District)
• O(H) (Office High-Rise District)
• O(F) (Office/Flex District)
• M-1 (Heavy Industrial District)
• M-2 (Light Industrial District)
• M/T (Industrial/Transportation District)
• MIXED

Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.

• Sellers Market                          1-4 Months Supply
• Neutral Market                         5-6 Months Supply
• Buyers Market                         7 Plus Months Supply

The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on September 30, 2008:

• Total Number of Properties on Market. The properties that were available on the market during the reporting period.
• Total Number of Sales. The total number of Sold properties during the given reporting period.
• Monthly Absorption Rate. The rate at which the Sold properties were absorbed in the market on a monthly basis.
• Inventory. The number of available properties as of the report date.
• Months Supply. The number of months it will take the properties to sell based on the number of properties that have sold during the reporting period.
• Chance of Selling. The rate at which the properties in the inventory will sell based on the percentage of the total properties on the market and the total number of sales.

The tables above indicate that the commercial land real estate market in Prince William County has been relatively slow. The property sales have been in the General Business (B-1) District, Office Low-rise (O(L)) and Heavy Industrial (M-1) Districts with some limited inventory available in the B-1, B-2, M-1, M-2, M/T and MIXED Zoning Districts. We are currently in a Buyers Market.

• General Business District – No activity during this reporting period. Ten properties are currently in the inventory.
• Neighborhood Business District – No activity during this reporting period. One listing currently in the inventory.
• Convenience Retail District – No activity during this reporting period.
• Office Low-Rise District – No activity during this reporting period.
• Office Mid-Rise District – No activity during this reporting period.
• Office High-Rise District – No activity during this reporting period.
• Office/Flex District – No activity during this reporting period.
• Heavy Industrial District – No sales during this reporting period. Six listings currently in the inventory.
• Light Industrial District – No activity during this reporting period. Two listings currently in the inventory.
• Industrial/Transportation District – No activity during this reporting period. One listing currently in the inventory.
• MIXED – No activity during this reporting period. One listing currently in the inventory.

*The data presented here is compiled from information provided by the Metropolitan Regional Information System.

This information is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved – Commercial Land Absorption Rates – Prince William County – September 30, 2008

Commercial Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:

• B-1 (General Business District)
• B-2 (Neighborhood Business District)
• B-3 (Convenience Retail District
• O(L) (Office Low-Rise District)
• O(M) (Office Mid-Rise District)
• O(H) (Office High-Rise District)
• O(F) (Office/Flex District)
• M-1 (Heavy Industrial District)
• M-2 (Light Industrial District)
• M/T (Industrial/Transportation District)

Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.

• Sellers Market                          1-4 Months Supply
• Neutral Market                         5-6 Months Supply
• Buyers Market                         7 Plus Months Supply

The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on September 30, 2008:

• Total Number of Properties on Market. The properties that were available on the market during the reporting period.
• Total Number of Sales. The total number of Sold properties during the given reporting period.
• Monthly Absorption Rate. The rate at which the Sold properties were absorbed in the market on a monthly basis.
• Inventory. The number of available properties as of the report date.
• Months Supply. The number of months it will take the properties to sell based on the number of properties that have sold during the reporting period.
• Chance of Selling. The rate at which the properties in the inventory will sell based on the percentage of the total properties on the market and the total number of sales.

The tables above indicate that the commercial real estate market in Prince William County has been relatively slow and non existent during this reporting period. The largest inventory of properties is in the General Business (B-1) District with some limited inventory available in the B-2, M-1 and M-2 Zoning Districts.

• General Business District – There are currently 25 properties available on the market. No properties have sold during the last 30 days. There is one property Under Contract.
• Neighborhood Business District – There is currently one property available on the market. No properties have sold during the last 30 days.
• Convenience Retail District – No activity during this reporting period.
• Office Low-Rise District – No activity during this reporting period.
• Office Mid-Rise District – No activity during this reporting period.
• Office High-Rise District – No activity during this reporting period.
• Office/Flex District – No activity during this reporting period.
• Heavy Industrial District – There are currently three properties available on the market. No properties have sold during the last 30 days.
• Light Industrial District – There are currently two properties available on the market. No properties have sold during the last 30 days.
• Industrial/Transportation District – No activity during this reporting period.

It is interesting to note that seven properties have sold in all of the commercial districts within the last 365 days. Five sales were in the General Business District and two were in the Light Industrial District. No properties have sold in any of the Commercial Districts within the last 30 days. We are currently in a Buyers Market.

*The market data presented here is compiled from information provided by the Metropolitan Regional Information System.

The information presented here is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Absorption Rates - Prince William County - September 2008

Have you ever wondered why some photos look fantastic and others look kind of bland and uninteresting? The reason could be that the photo’s composition does not adhere to the “Rule of Thirds.” The Rule of Thirds is a basic photography composition concept for giving interest to a photograph and a way of making the photo more appealing to the eye.

Most of us take photos using the view finder or the display window on the back of our digital camera. In most cases, we make sure the subject is centered and we click. Although more than likely a good photo, we can add more interest to our photos by applying the Rule of Thirds.

The Rule of Thirds is a simple concept by dividing the photograph into nine equal parts. The points where the lines intersect are sometimes called power points. If you place your subject on or near these points, your photos will ultimately have more interest. Keep in mind that the Rule of Thirds is really not a rule, but a guideline for better composition. This doesn’t mean to say, if you break the rule you won’t end up with a good photo. Use good judgment when taking photos and you will have photos that create interest and look great.

I took this photo at the Hokone National Park in Japan. By applying the Rule of Thirds, you can see the vertical line on the right intersects the main focal point of the photo, the stone monument and the vertical line on the left is near the small monument. This gives the photo a second point of interest and creates a sense of balance.  There is an additional bonus in this photo. At the top horizontal line is Mount Fuji. The bottom horizontal line divides the small monument and is at the base of the stone monument.

The photo was taken with a Mamiya 645 median format camera, 80mm, f2.8 lens and Kodak 120 ASA 100 film.

Ideally, you will want to compose your photos in the view finder of your camera for good composition. However, if you have already taken some photos that could benefit from the Rule of Thirds there is a way to improve them.

I found a free method for applying the Rule of Thirds to your existing photos. This technique will allow you to apply the Rule of Thirds to your photos and crop them to comply with the rule. The link for the download and a tutorial can be found here.

If you would like to learn more about the Rule of Thirds, you can find more information here.

Are you using the Rule of Thirds when composing your photos? If you aren’t using it, give it a try and I think your photos will improve dramatically. Thank you for reading this post and I look forward to your comments.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

The Commercial Property Market Report for Prince William County is offered as a service of Michael’s Commercial LLC. The August 31, 2008 market report is categorized by the commercial Prince William County Zoning Districts:

Legend:

• B-1 (General Business District)
• B-2 (Neighborhood Business District)
• B-3 (Convenience Retail District
• O(L) (Office Low-Rise District)
• O(M) (Office Mid-Rise District)
• O(H) (Office High-Rise District)
• O(F) (Office/Flex District)
• M-1 (Heavy Industrial District)
• M-2 (Light Industrial District)
• M/T (Industrial/Transportation District)
• MIXED Commercial

*The data presented here is compiled from information provided by the Metropolitan Regional Information System.

The Commercial Property Market Report is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Property Market Report – Prince William County – August 31, 2008

Commercial Land Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:

• B-1 (General Business District)
• B-2 (Neighborhood Business District)
• B-3 (Convenience Retail District
• O(L) (Office Low-Rise District)
• O(M) (Office Mid-Rise District)
• O(H) (Office High-Rise District)
• O(F) (Office/Flex District)
• M-1 (Heavy Industrial District)
• M-2 (Light Industrial District)
• M/T (Industrial/Transportation District)
• MIXED

Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.

• Sellers Market                          1-4 Months Supply
• Neutral Market                          5-6 Months Supply
• Buyers Market                          7 Plus Months Supply

The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on August 31, 2008:

• Total Number of Properties on Market. The properties that were available on the market during the reporting period.
• Total Number of Sales. The total number of Sold properties during the given reporting period.
• Monthly Absorption Rate. The rate at which the Sold properties were absorbed in the market on a monthly basis.
• Inventory. The number of available properties as of the report date.
• Months Supply. The number of months it will take the properties to sell based on the number of properties that have sold during the reporting period.
• Chance of Selling. The rate at which the properties in the inventory will sell based on the percentage of the total properties on the market and the total number of sales.

The tables above indicate that the commercial land real estate market in Prince William County has been relatively slow. The property sales have been in the General Business (B-1) District, Office Low-rise (O(L)) and Light Industrial (M-1) Districts with some limited inventory available in the B-1, B-2, M-1, M-2, M/T and MIXED Zoning Districts.

• General Business District – No activity within the last 90 days and nine properties currently in the inventory.
• Neighborhood Business District – No activity during this reporting period and one listing currently in the inventory.
• Convenience Retail District – No activity during this reporting period.
• Office Low-Rise District – No activity within the last 180 days.
• Office Mid-Rise District – No activity during this reporting period.
• Office High-Rise District – No activity during this reporting period.
• Office/Flex District – No activity during this reporting period.
• Heavy Industrial District – Two properties have sold within the last 180 days and seven listings currently in the inventory.
• Light Industrial District – No sales during this reporting period and two listings currently in the inventory.
• Industrial/Transportation District – No activity during this reporting period and one listing currently in the inventory.
• MIXED – No activity during this reporting period and one listing currently in the inventory.

No commercial land real estate properties have sold within the last 90 days.

*The data presented here is compiled from information provided by the Metropolitan Regional Information System.

The Commercial Land Absorption Report is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.

Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.

©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Land Absorption Rates – Prince William County – August 31, 2008