Pinpoint Commercial Real Estate (“Pinpoint”) announced today that it has recently closed on the sale of property located at 576 Highland Colony Parkway in Ridgeland, Mississippi. Conveniently located on Highland Colony Parkway just South of Costco, this Class-A Ridgeland Office Park consists of three three-story brick buildings containing approximately 149,597 square feet. The office buildings are situated on 11.25 beautifully wooded acres with ample parking. The property was sold in an off-market transaction to a local financial institution and is slated to be utilized as professional office ..read more

Pinpoint Commercial Real Estate is excited to announce that dirt work began last week on the second commercial building at the Village at Madison development in Madison, Mississippi. The latest building in the development, Building D, is a 12,000 square foot multi-tenant building which will feature retail, restaurant, and office space. Building D is expected to be complete in Q1 of 2024. The City Council approved renderings for building D last year. The Village at Madison is a project of Main Street Investors which is comprised of partners Dr. Michael Manning of Ridgeland, Lee Stafford of Wes ..read more

Pinpoint Commercial Real Estate announced today that it has recently closed on the sale of property located at 104 and 106 Diane Drive in Richland, Mississippi. The property is comprised of two (2) industrial buildings totaling 26,580 SF of Net Rentable Area which were recently leased to two (2) National Credit Tenants – Circle K Stores Inc. and Triangle Fastener Corporation. Pinpoint’s BB Mitchell represented the Seller in the transactions: “These types of transactions are why I love what I do and why industrial is my core focus. We were able to stabilize these assets with two (2) national ..read more

Pinpoint Commercial Real Estate announced today that it has recently closed on the purchase of property located at 450 Highway 49 South, in Richland Mississippi, and concurrently secured a new tenant on behalf of our client. The site consists of a 10,750 SF flex warehouse with a 2,500 SF two story office area as well as two warehouse areas totaling 8,250 SF. The property offers 4 oversized 14′ grade level doors, abundant parking, and more. Pinpoint’s BB Mitchell represented the Investor/Landlord in the transactions: “We were able to identify, contract and close on this vacant Industrial asse ..read more

Pinpoint Commercial Real Estate announced today that it has recently closed on the sale of property located at 319 Old Highway 49, in Richland Mississippi. The site consists of 23.9-acres and is an ideally situated pad ready industrial site in Rankin County. Pinpoint’s Sam Cox represented the Seller in the transaction: “This industrial development tract was sold to a national LTL company. I would like to thank Burr & Temkin for bringing the Buyer. This is a great win for the city of Richland and Rankin County. We look forward to seeing them commence on construction very soon.” Service P ..read more

With the growing U.S. real estate market, it comes as no surprise that people would be intrigued by investing their money in real estate. According to a 2019 survey conducted by Bankrate, 28% of Americans prefer investing in real estate. Investing in real estate can come with a learning curve, but it can be a preferred alternative over investing in stocks or CD accounts. Let’s explore the main differences and what opportunities there are in investing in commercial real estate. Benefits of Investing in Commercial Real Estate vs. Alternative Investment Options Commercial real estate investing op ..read more

default Pinpoint Commercial Real Estate announced today that it has recently closed on 6376 Ridgewood Court Drive. This investment property is located off County Line Road in Jackson, Mississippi.  Pinpoint’s BB Mitchell represented the Seller in the transaction: “This was an exciting project to work on. We were able to market the property and close at full asking price in less than month. We continue to see high demand for single tenant net leased assets. Service Provided Pinpoint will provide you with a marketing plan and due diligence that will be appropriate for your individual prop ..read more

Pinpoint Commercial Real Estate announced today that it has recently closed on the future home of Slim Chickens in Biloxi, Mississippi. The site selected is in North Biloxi, at the intersection of Popp’s Ferry and Cedar Lake Road. Pinpoint is proud to be handling the Mississippi site selection services for the fast-casual restaurant known for its Southern-style and cooked-to-order chicken tenders and wraps. The Biloxi location marks the beginning of Slim Chicken’s expansion into South Mississippi. Pinpoint’s Sam Cox is handling Mississippi site selection for Slim Chickens. “We were able to s ..read more

Pinpoint Commercial Real Estate is proud to announce a new tenant, Soule’ Coffee, coming soon to Regions Plaza in Jackson. It was a pleasure to assist the landlord in this lease transaction. We are thrilled that this South Carolina based company chose downtown Jackson for their newest venture. The location at 210 E Capitol St will be Soule’ Coffee’s first Mississippi brick and mortar site. To check out the Soule’ Coffee menu click here. To see the announcement in the Jackson Free Press, click here. Pinpoint will provide you with a marketing plan and due diligence that will be Here at Pinpoint ..read more

What Are the Main CRE Asset Classifications? Commercial real estate assets are divided into several categories including the following: Industrial Office Retail Multifamily Special purpose Hotels & Hospitality Land Mixed use Asset classes may have further classification within these categories. For example, office space is typically categorized as class A, B, or C. The qualifications consider factors such as age, aesthetics, quality of infrastructure, management, and location. Each class has its own level of risk and return. Class A office space represents the best buildings, demanding ..read more