Rene Ramos Rene Ramos

Whether you are a fan or critic of the recently passed tax plan—which will likely be signed into law—it will likely impact the commercial real estate market. Despite criticism, Rene Ramos of Coldwell Banker Commercial says that it is good news for the commercial real estate market, and specifically for industrial product. Ramos is a firm proponent of trickle down economics, and believes the corporate tax cuts provided by the new plan will spur job growth, expansion and development of smaller industrial product, which is currently undersupplied.

“There is going to be a boom,” Ramos, a senior associate and industrial expert at Coldwell Banker Commercial, tells GlobeSt.com. “We are going 90 miles per hour, and this is going to make us go 110 miles per hour. A lot of real estate is held in LLCs, and now those companies are going to be able to keep more income.”

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