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Home Insider Blogs Dike Drummond MD CPC's Blog Lance Armstrong dives into TX Commercial Property

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Oct 30
2009

Lance Armstrong dives into TX Commercial Property

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Posted by: Dike Drummond MD CPC on Oct 30, 2009 01:00

Globe Street announced today that Lance Armstrong is forming a commercial real estate investing company focused on central Texas markets. He has $100M to play with.

One of his partners, Lance Sallis, a 20-year real estate veteran, was previously managing director with Trammell Crow Co.'s Austin office. Here is what Sallis had to say about the commercial markets. Basically FULL SPEED AHEAD!

"Now's the right time," Sallis explains. "There's been a re-pricing of institutional quality commercial real estate assets, and all of this creates a huge buying opportunity for groups willing to buy, hold and reposition properties."

Here is the full article

Learn Commercial Property Investing inside and out ... Investortours.com


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