The DEAL Interview. Each month we meet up with and get to know a little about one of Florida’s top Commercial Real Estate personalities. This month, meet one of our favorites. Molly is a tenant & landlord specialist with the newly-expanded Flagler Real Estate Services. Florida, say hi to Molly McDonough.
My last deal was 6,092 SF/5 year term. They saw it a few days before Christmas and I had a signed lease two weeks later and they are moving in this weekend. That is not typical in this market. This is a market of uncertainly and its hard to get people to pull the trigger.
2) What brought you to Commercial Real Estate?
I was in technical/software sales for 20 years and was tired of getting on an airplane to cover my territory. I met with Pike (Rowley) and knew this was the person I wanted to work for regardless of what I was selling.
3) What’s your take on the state of the South Florida market?
Hey, unemployment is the highest its been in 5 years, vacancies are up and rents are decreasing but I see a lot of activity if you are priced right. I also think South Florida is looking more attractive for companies to relocate here with the real estate becoming more affordable. I am very optimistic about South Florida.
4) How do you manage stress?
God, yoga, wine, nature and two beautiful lovable golden retrievers. How can you be stressed with that?
5) Your 5 keys to success?
Enthusiasm, Energy, Persistence, Humor and Having a plan
6) 5 people you would love to meet:
Jesus, Michelangelo, David, Martin Luther King, Tony Dungee,
7) Biggest pet peeve:
People not keeping their word
Who’s your fave: Heat, Marlins, ‘Fins or Panthers?
Having been born and raised in Florida, I would have to say the Dolphins because they dominate the NFL. Or is it the NBA??? J (clearly a sports fanatic). : )
9) White or whole wheat?
I don’t think I have ever bought a loaf of white bread
10) What are successful brokers doing differently in this market?
Being patient, positive, responsive, thinking outside the box and covering all bases so there are no gotchas.
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