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Commercial real estate booming, too

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In case you haven’t noticed, it’s not just homebuilding that’s booming. The commercial real estate development and construction business is, as well. Is there an end in sight to what some are calling another real estate bubble? Mike Switzer interviews Patrick Chambers, a senior broker and principal with NAI Columbia.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.