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2nd Quarter 2012 Harrisonburg Commercial Real Estate Market Report

Investment property, including multi-family and single tenant net lease, continued to drive the majority of commercial real estate sales volume in Harrisonburg with the Days Inn off of Port Republic Road, Family Dollar on E. Market Street, and four sets of apartments all changing hands in the quarter.

In total, the second quarter of 2012 produced nearly $6 million worth of volume, which is roughly $2 million below first quarter production and the second quarter of 2011, but more than the very lean years of 2009 and 2010.

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Harrisonburg Commercial Real Estate

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Tim Reamer specializes in investment real estate and general commercial representation for Cottonwood Commercial in Harrisonburg, Virginia and throughout the Shenandoah Valley