Office

What to Know When Buying Commercial Property, Buildings & Office Condos

Owning your own commercial property for your business can be a rewarding experience and can be a great investment vehicle. However, buying a commercial property can also be fraught with unforeseen pitfalls that can cause you headache and can cost you dearly. This guide should help you avoid some of those pitfalls and will give you direction on the next step to take when considering buying your own commercial building or office condo.

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Retail. Mixed Use

We help to provide indepth of knowledge of Market based on needs when leasing or purchasing the Retail of Mixed Use space.

6 Key Terms for Leasing Commercial Real Estate Space

Whether you’re just starting your first company, or looking to expand your operation, navigating the commercial leasing process can be complex and confusing. Leasing Commercial Real Estate space can get complicated and have few standard rules.

As you begin your search for the ideal office, retail, or restaurant space for your business, here are a few of the most important commercial real estate terms you’ll need to know.

Learn the terms for Leasing

Land

Understanding The Closing Process for Land Sales

The objective of this article is to fully explain the closing process of an average land transaction. It is the process from turning over possession of a property from one individual to another. It does not address the buyer obtaining financing. We will address land financing in a future post, but for the purposes of closing on a property, the method in which a buyer secures financing is not really of concern. When people refer to a closing, or a closing agent, they are referring to a Title Company…not a lawyer. That is one misconception. Often times they are under the same roof (Hometown Title for example is owned by Benckendorf and Benckendorf Law firm…who is also great), but they are separate entities. Lawyers review contracts, title work, etc…

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Restaurant

We have helped build several Restaurants in the area. We have very extensive experience in whats needed to lease, purchase or sell a Restaurant.

Beginner’s Guide to Finding a Restaurant Space

Many people dream of opening their own restaurant. But for most restaurateurs, dreams give way to harsh reality. Studies have found that 60 percent of restaurants don’t make it past the first year, with 80 out of business in five years.

While there are several factors that contribute to the success or failure of a restaurant business, many of them can be traced back to the commercial space owners have chosen to open their restaurant. Here are some tips for choosing the right restaurant space.

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Multi-Family

Have you ever thought about how to value of your investment property returns for a multi-family property? Here is the good news, there is no need to overthink about it because it’s relatively easy to calculate. As long as you have good operating data on your property, that’s all you need. Investing in multi-family properties is such a great opportunity for real estate investors and comes with many benefits which we look into later on. The value of multi-family real estate property is borrowed from an income approach estimation based on a simple formula for valuing real estate:

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Industrial Flex

Industrial properties have become the new darling of real estate investors. Significant global capital is pouring into the buildings where goods are created, stored and shipped. Take a look at the numbers and it is not hard to understand why: record rental income, strong demand and mass disruption from e-commerce calling for new product.

First, let’s look at cash flow. Leasing rates for industrial properties are at record highs across the United States, while availability is near a 16-year low, according to CBRE Econometric Advisors. As a result, investors in industrial properties have the upper hand in most lease negotiations. Many tenants understand the market and are more interested in strategic location than price. High demand for both new construction and existing locations alike can take credit for high rents.

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