Published: Fri, 28 Apr 2017 01:17:07 -0500
Wed, 05 Apr 2017 15:11:04 -0500It's no secret by now that one of the cornerstones of a great marketing strategy, you need to have great content, well-written and helpful to your site visitors. Perhaps the easiest way to achieve this is through creating and actively maintaining a blog. You're probably thinking, wait, I'm a commercial real estate agent, where do I even start with having a blog? Here are some tips to get you started on your way to becoming a CRE wordsmith.
Thu, 23 Mar 2017 07:39:20 -0500If you own a commercial property that requires some pavement upgrades, consider an asphalt driveway. There are many reasons why business owners are choosing asphalt over concrete for driveways!
Thu, 09 Mar 2017 19:30:21 -0600Lawsuits in the United States are sometimes referred to as an epidemic. I have seen many lawsuits in our industry, and I've been asked to serve as an expert witness in many of those cases. While it's true that anybody can sue anybody, many lawsuits can be avoided. Here's the how and why of some of our industry's most popular litigation issues.
Thu, 09 Mar 2017 10:37:11 -0600Start-ups are often associated with the sharing economy, but the principle can also be applied to the work space. What are the common reasons start-ups and small businesses choose to share office space?
Thu, 09 Mar 2017 10:28:39 -0600It's a common question for almost any new business - when is the right time to go bricks and mortar? Take a look at some of the reasons any new business should consider.
Fri, 03 Mar 2017 13:26:08 -0600Getting hold of a commercial property is tough. This cannot be compared with getting a residential property for lease. There are many factors which can turn the most lucrative deal against you. Also there exist a lot of factors that can affect the business opportunities as well profitability if such a property is not chosen without thinking about the pros and cons.
Fri, 03 Mar 2017 09:08:55 -0600We've found that some of our prospects and new clients are missing a critical piece of knowledge with their existing on-premise signage. Some of our new clients have already invested in an outdoor electronic LED Display or EMC, however they are not using it to the fullest potential.
Wed, 25 Jan 2017 10:16:05 -0600When renting premises for a new business, the renter should sign the lease in the name of the venture only, preferably without guarantors, who could personally face big rates and rent bills, if the business should fail, for the rest of the term of the lease. The lease should only be signed in the limited company name with all correspondence regarding the rent and lease addressed to the company. If an individual's name is signed on the lease or as a guarantor, all the responsibility is then passed on to that individual, or that...
Mon, 09 Jan 2017 10:22:14 -0600Serviced apartments have been very much popular these days since they come up with more facilities than a moderate hotel. That's the reason; people prefer staying short stay apartments precisely in recent years.
Mon, 09 Jan 2017 09:58:09 -0600There is good news for the people looking for a residential property investment in Central Bangkok. Although central Bangkok does not offer adequate space for a residential property investment at the city center, one can now choose a condo in close proximity to it (city center).
Mon, 09 Jan 2017 08:01:52 -0600There are various challenges directly associated with healthcare construction and renovation services, with not one new related project that could be referred to as being "easy." When it involves renovating existing and functioning facilities, the tendency is to be prepared for a variety of side issues that can seriously influence the actual project. They can, for instance, arise from circumstances associated with the safety of patients; or effective controls against infection and control to maintaining determined statistics.
Tue, 03 Jan 2017 10:09:09 -0600When your business is on the expanding stage, growing out from your garage, spare bedroom, or office. It is important to have a vision for what the business in the future. There are certain things to think about such as where you will go? What location will suit your business? As an entrepreneur, you are going to need to rely on many professionals because you cannot know everything about everything by yourself. It is best to utilize a savvy Realtor you can use for what information that will save you time and money.
Wed, 28 Dec 2016 08:30:23 -0600If you are looking for a property investment in a stable and low-risk real estate market, Bangkok would be the right destination. The reason is probably the rich culture of Thai people who are not the primary residence owners. This is why they don't like the mad rush for selling properties as soon as possible. They sit on their property and wait for a long until they get a healthy amount of money for their properties.
Thu, 22 Dec 2016 09:40:42 -0600Buying any piece of property can be a daunting task for any buyer. Having their own abode in any city has been one of the most cherished dreams of many people, especially those who reach there from outside. There was a time when only a few builders and construction companies used to develop houses in cities, and those constructions were not within the reach of moderate earners.
Wed, 21 Dec 2016 11:42:18 -0600Property ownership is a rewarding way to invest and earn an income, but it doesn't come easily. The responsibilities of being a landlord and costs in time and resources can be a headache-that's why many property owners hire a property management company. The following benefits of using a property management company save owners time, money, and headache.
Tue, 20 Dec 2016 10:32:14 -0600It is not uncommon for the realtors to use dubious tactics to increase sales. They can rush you into signing an agreement or even over promise prices to speed up the sale. A survey on real estate brokers has revealed such practices do exist.
Tue, 29 Nov 2016 09:11:11 -0600Millennials are the generation which believes in frugality as we have already noticed how careful they are in spending cash or investing in huge places. Millennials prefer to be pre-planned about their life like career, marriage, retirement etc and they would definitely love to own a house if given an online purchase option as these people are technology people who prefer digital life to everything else. Millennials know the value of money and how hard they have earned it, so they don't prefer risking their chances and after facing the recession, they have come to understand how...
Tue, 15 Nov 2016 13:46:57 -0600Rent control is definitely a hot topic in Los Angeles and many other areas, specifically in areas such as Santa Monica which only allows a 1.75% increase in rent annually. Is this actually benefiting the tenants or does it discourage owners from maintaining their buildings?
Thu, 03 Nov 2016 14:14:34 -0500Sarjapura Road - The next best place to invest in Bangalore. A lot of Industrial and commercial development is taking place in and around Sarjapura road.
Tue, 04 Oct 2016 09:44:05 -0500This year has been very eventful for real estate investors. The real estate markets have been driven by various economic growth concerns. What is the new president going to do? How will the real estate market be affected by the new presidency?
Thu, 29 Sep 2016 13:53:53 -0500Do you own a class A or a class B apartment building? Class A and class B apartments are changing drastically in standards and values in this seller's market.
Thu, 29 Sep 2016 09:14:20 -0500An effective office space design helps in boosting the productivity of employees while helping them to be focused. So how would you make the design effective?
Wed, 28 Sep 2016 15:13:43 -0500Are you thinking of selling your property off market? Here's all you need to know about your decision to not use MLS...
Thu, 22 Sep 2016 08:39:20 -0500Buying a property is a process that requires patience and perseverance. It takes time to do the research on the status of the real estate market and its norms in your choice of destination. The crucial part is to find a proper, reliable and experienced service provider who can help you through the whole process, right from the start through to the final stage of owning your property. We have enlisted a few key points with a goal to help you initiate the process of buying your dream property abroad.
Thu, 15 Sep 2016 07:28:14 -0500Selecting the perfect location for your business can be a hassle. There are many variables and factors to consider when opening a new business location and the process of finding a building that houses many of your needs already may be a hassle.
Thu, 08 Sep 2016 08:31:37 -0500I recommend purchasing midsize rentals. Buying them usually requires a little more money than investing in single-family homes. If additional capital is needed, consider forming a small group of active investors. There are various entities available to group or gather investors. Some of the more familiar ones are limited partnerships, corporations, general partnerships, and real estate investment trusts. A relatively unknown form of ownership to effectively gather active investors is the tenants-in-common (TIC) form of ownership. It's an easy, low-cost method of funding real estate investments while maintaining tax benefits.
Tue, 30 Aug 2016 08:34:56 -0500Like other fast developing cities across the globe, Delhi is also advancing immensely in each and every perspective. The recent overviews clearly uncover that individuals all over the world always find Delhi as one of the first-rate places for land speculations.
Thu, 25 Aug 2016 07:49:58 -0500For quite a long time, the commercial real estate market in India was restricted to large office spaces with lengthy lock-in periods and high costs. But lately there's been a revolutionary shift in the field that the new business owners seem to be in great sync with co-working spaces because of the low initial investment. The small and medium sized enterprises (SME) seem to scale up their workforce faster than ever before.
Mon, 22 Aug 2016 09:26:07 -0500Looking for healthy ROI (Returns on investment)? It is a well - known factor that plots score good over other types in terms of returns. Therefore, if you control to get a good or rather secure deal, purchasing a plot can be challenging when considering the climbing property prices.
Thu, 18 Aug 2016 14:50:18 -0500Soft Story Retrofitting has become a financial concern for owners in Los Angeles. Here is more information about what it entails and how to go about remedying it.
Mon, 08 Aug 2016 15:33:51 -0500Everybody makes mistakes, but a search for a new commercial office is one of those times when errors of any sort are simply not welcome. Navigating the complicated world of commercial real estate is no easy feat, and the journey toward finding an office space is one riddled with speed bumps and obstacles. Some of the biggest pitfalls when finding a new commercial office are easily avoidable, and averting them could end up saving you time and money.
Thu, 04 Aug 2016 10:21:17 -0500Shared office is a place where you can go on a daily basis, sit in a random place there and use the office utilities like internet connection, enjoy the company of few likeminded people. But what other features of co-working space is exciting the start-ups?
Thu, 07 Jul 2016 15:11:53 -0500One of the biggest advantages of having a commercial property is that it still performs for you even when the market is sluggish. And whenever the economy becomes robust, you can expect the commercial property to provide you a steady flow of income.
Wed, 06 Jul 2016 06:50:12 -0500Generally speaking the term "shared office space" refers to a furnished, fully equipped office space that is ready for a quick setup for a business person that does not want to work at home or for a branch office. They are also called executive suites and business centers.
Wed, 29 Jun 2016 11:10:14 -0500Are you in the process of starting a new business? Here are a few top tips that could help you to zero down on the decision making of choosing right office space for your business. Since your office space will represent your business, choosing the right location for your office space must not be taken lightly.
Wed, 15 Jun 2016 13:05:23 -0500Are you running your business or carrying out your business operations at home? Don't you think you are missing out something? Have you ever thought how it would be to operate within a dedicated office space of your own? Are you aware of the wide range of benefits that an office space can provide you? When should you move out of your home office?
Tue, 14 Jun 2016 09:53:47 -0500Leasing a New Commercial Office Space can have hidden costs and fees; they are: 1. Rent - Generally your biggest expense as it relates to your lease. Is the rent based on usable or rentable area and how does your landlord measure your lease premises?
Wed, 08 Jun 2016 13:09:46 -0500Buying a property requires a good deal of research. Even if you are from the same place, you have to take care of a lot things before buying a house or apartment of your choice. Given below are 7 tips that can make the process a bit less stressful for you.
Fri, 03 Jun 2016 06:52:08 -0500For some small business owners and entrepreneurs leasing commercial real estate can be a confusing process. These types of investments involve quite a bit of money and if you make the wrong move, it could result in a big loss for the owner. Today, most of the new commercial real estate begins by leasing office space. This is a less expensive alternative to buying a new space.
Tue, 31 May 2016 13:27:19 -0500This article covers the stabilization of rents, evictions, relocation assistance, which properties are regulated by RSO and which properties are exempt from RSO, registration fees and how to pass them through to tenants, allowable rent increases, the impact on rents of capital improvements, primary renovations, rehabilitation work and seismic retrofitting. Los Angeles Rent Stabilization Ordinance (RSO) regulates the stabilization of rents, evictions and relocation assistance. If a property is for rent in the City of Los Angeles with a Certificate of Occupancy, it is covered by RSO. That incorporates hundreds of thousands renter occupied housing units including condominiums, co-ops, rooming houses, mobile home parks, hotels and motels. RSO does not apply to a singular single-family home on a lot, exempt affordable housing units and usually doesn't apply to dwelling units built after 10/1/1978. It also doesn't apply to luxury units approved by HCIDLA, hotel and motel rooms occupied less than 30 days, rental units in converted commercial buildings (adaptive re-use projects) with the first rental use after 10/1/1978.
Thu, 12 May 2016 10:05:11 -0500For most of the start-up companies, finding an ideal office space can be a tiring task. Many commercial real estate agent and the landlords out in the market demand for a lease term for about 3-5 years along with all the personal guarantees needed to secure an office space. Of course, it's their property and they always look for security.
Thu, 12 May 2016 07:50:51 -0500Similar to marriage being a one-time affair in life, owning an abode too is once-in-a-life- time ambition of the people in the society. There are certain crucial aspects like the locale, the cost and above all the infrastructure including facilities for a healthy life-style of high standard which happen to be the deciding factor in owning a house. By and large, it is a Herculean task to hunt for such a residence that meets all these needs.
Thu, 05 May 2016 07:12:38 -0500When talking about shared office space this means that it is an office that is fully furnished and equipped and is ready for a quick setup. An entrepreneur that does not want to work at home usually uses them or it could be a branch office. They are also known as executive suites and business centers. They provide the occupant with telephone, internet, and mail services.
Thu, 28 Apr 2016 10:07:55 -0500It's really a lengthy and complicated process to find an ideal commercial space for your business, and if it's not pursued in a proper way, it can cost you lots of money and also end up in a contrary place. So, when it comes to leasing an office space or any other commercial space for your business, it's very important for you to have a strategy and ensure that you are making a good decision based on the needs of your company. Below mentioned are a few most common due diligence mistakes that the tenants should be careful about.
Wed, 27 Apr 2016 14:22:59 -0500A shared office space scores over using your home as your makeshift office hands down. Not just entrepreneurs, even the MNCs and corporates increasingly rely on this cost effective option.
Wed, 27 Apr 2016 10:36:29 -0500These days, the demand for commercial spaces has been on the rise and is pushing the yields higher than any other prominent businesses in the cities across the globe. Prominent cities in India like Bengaluru, Mumbai and Delhi have topped the commercial property market in terms of annual rental yields. Reports have confirmed that, these three markets have outperformed all the other global hotspots with 9.
Mon, 18 Apr 2016 10:12:19 -0500With numerous start-ups coming up in various industries like ecommerce and technology, it has emerged as a hot spot for start-ups in the past few years. The National Association of Software and Services Companies (Nasscom) reports that, the number of start-up companies at the end of 2015 was 40% more than that of the companies at the end of its previous year.
Wed, 13 Apr 2016 15:21:02 -0500When looking for property for a new business, there are several things to consider. There are a variety of things to think about before settling on a piece of commercial real estate.
Mon, 11 Apr 2016 07:55:11 -0500When you're considering your options for a restaurant space for lease, it's important to stay focused on what's most important. Here are the three things that matter the most.
Thu, 07 Apr 2016 13:01:02 -0500When the leases are granted without legal advises being sought, letting commercial premises can be a minefield for the landlords. It's often boring for the landlords to revisit the terms and conditions to check for the agreed terms in advance. But, getting the things right from the outset can help you in preventing the issues that might arise later down the line.
Tue, 05 Apr 2016 10:51:58 -0500Looking to run a senior housing facility? Senior housing financing is available to help. So, you are looking at putting together a facility that is going to allow you to house seniors for a price that is going to be a lot less than everything else.
Thu, 31 Mar 2016 10:53:05 -0500The real estate industry, for the most part, has not been well known for being technology intensive. This nature may soon disappear, however. Data analytics is transforming how real estate companies, customers, and financial institutions do business in this industry.
Wed, 30 Mar 2016 06:31:19 -0500Location is just one of many important factors that go into choosing commercial real estate for a potential business. Also, consider zoning, assistance, competing businesses, and renovation costs when looking at a possible building.
Wed, 30 Mar 2016 06:30:31 -0500Retail space for lease is abundant. Determine which site meets the specific needs of your unique retail business.
Thu, 24 Mar 2016 09:37:12 -0500Istanbul is a place with a mixed culture. These cultures are either Asian or European. The European culture of Istanbul is all about living an extravagant and luxurious life, dwelling in the most expensive apartments, eating the richest food, traveling in the most opulent vehicle and performing all those activities that demand huge money. However, the traditional side of the country is very plain and sober where the people are immensely attached to their roots. They follow a simple lifestyle without investing a huge sum of money. They make sure they live happily and peacefully even with the least amount of money.
Sat, 19 Mar 2016 13:23:36 -0500Medical office buildings in 33 states have limited supplies which is good for investors if you own one. This article explains the reason.
Thu, 25 Feb 2016 07:03:49 -0600Due diligence is one of the most important factors that determine the success of a commercial real estate investment. Potential investors should consider various factors when buying commercial property for sale.
Tue, 16 Feb 2016 15:47:17 -0600Leasing an office space for your business can be challenging if you have never done it before. Learn how to negotiate the best deal (terms) for your new office space location.
Wed, 10 Feb 2016 09:39:58 -0600The Commercial Real Estate (CRE) industry now seems to be in a solid grip when compared to the previous years. While the US economy continues to progress, the investors are seeing incredible performance across most of the property types and markets.
Wed, 03 Feb 2016 07:27:53 -0600Are you looking for a residential property where you will be able to invest your money? If yes, then this article is a must read for you. Here, we have discussed some tips that will make finding the right residential property much simpler for you.
Thu, 28 Jan 2016 13:51:36 -06002015 has been a growing year for the commercial sector as many e-commerce companies and start-ups invested in buying office spaces across various major cities. There was an absorption of total eight folds last year and these organizations leased 4.3 million square feet in 2015. Many e-commerce companies like Amazon, Flipkart and Snapdeal took space actively which added a big amount to the total sale of commercial property in India.
Fri, 18 Dec 2015 13:36:01 -0600Finding office space for rent can be tricky, but having a strategy is key to finding what you want. Entrepreneurs should search for a location where employees and clients both feel comfortable.
Tue, 27 Oct 2015 11:56:42 -0500Office space settings have evolved over the years. In the past, business owners were used to having more private office spaces, where walls and doors separated space into individual offices. Now, many business owners are exploring more open office space plan, where co-workers are in closer proximity to one another. But, the question is often asked, whether this type of office space setting is a truly advantageous one or not. By answering the following questions, you'll be able to pinpoint whether or not an open office space plan will work well for your company.
Fri, 09 Oct 2015 07:42:47 -0500The i360 vertical pier is a revolutionary structure, design and attraction for Brighton & Hove. A 162m vertical facade constructed around a 980 tonne steel frame and finished externally with an anodised aluminium cladding facade. It's thought (or should I say hoped) that the anodised element will withstand the sea salts and wind.
Tue, 06 Oct 2015 09:26:26 -0500There are times in the business world when business owners who lease office space need to either move to a new office location or renovate their current one. This can be caused by having additional employees come in or simply wanting to rearrange the current setup of the office space.
Fri, 18 Sep 2015 10:28:53 -0500Miami's downtown core continues its unprecedented transformation into a densely populated residential urban hub. But there is a question as whether that development will be served by mass transit systems. Given the serious traffic problems experienced by residents of Miami/Dade county, there is a question as to whether current and planned future mass transit systems will be adequate to the task.
Thu, 17 Sep 2015 10:11:59 -0500Commercial real estate, with its various ins and outs, can be very confusing. This guide will provide you with valuable information to get you going in the right direction.
Tue, 15 Sep 2015 11:49:50 -0500Commissions are the lifeblood of most real estate agents, with many being able to supplement their basic income quite substantially through negotiating high commissions and then providing the work that is expected of them. So how can you go about earning the top-end commissions if you are looking to make the most out of the industry? There is no fool proof method, but if you follow these tips you should stand a better chance of getting more.
Fri, 11 Sep 2015 13:33:43 -0500Over the past few months, the National Capital Region (NCR) has been in the news as its real estate market was facing a major slump. The piled up inventory, abandoned projects, slow rate of completion and broken developer promises had completely tainted the reputation of the region and scared away the investors. However, the realty of NCR, especially the commercial segment, is witnessing a new dawn as demand for commercial property is on the rise. And NCR, with its affordable price rates and availability of land resources, is gaining the attention of both developers and investors. As the demand for commercial property is gaining momentum, more and more commercial projects are being launched in regions like Ghaziabad, Noida, Greater Noida and Noida Expressway. If this trend continues to fuel up, the commercial realty of NCR will witness a surge in demand, pushing growth in the region.
Thu, 20 Aug 2015 09:52:15 -0500Now it's time to take a closer look at your test trials and what you should look out for when a prospective service provider comes to conduct a site survey. When it comes to the survey itself, there are many things that any good service provider will take into consideration (you might like to create yourself a 'secret' checklist against which you can assess the surveyors that visit your site): Exterior Facade - When performing the exterior inspection the service provider should explain if there are any access...
Thu, 13 Aug 2015 07:44:14 -0500Every appraiser has his own process and techniques for gathering data, analyzing it, and giving an expert opinion on a particular real estate property. If you hire four different appraisers to evaluate a property, you will get four different opinions on market rate.
Tue, 11 Aug 2015 08:36:07 -0500When an office tenant signs their commercial office space lease, it's only natural to assume that the tenant will have an undisturbed tenancy and complete access to the premises as noted in the lease. This is often the case, however, there comes a time on occasion when a tenancy is disturbed for one reason or another. This can happen when the property has a mortgage on it and there is a lender involved. Should the property owner/landlord default on their mortgage, the lender may have a right to interject in some form. This is where a subordination and non-disturbance agreement comes into play.
Fri, 07 Aug 2015 07:36:24 -0500With shifts in the property management market changing towards results and a return on investment, you may be wondering where the appearance of your building fits into the equation. We take a look at the benefits that a clean, uniform building facade can bring to your business..
Fri, 07 Aug 2015 07:26:30 -0500So you have a dirty building facade in need of some serious TLC, but it's difficult to know where to start. Does that sound familiar?
Fri, 07 Aug 2015 07:25:19 -0500Is there a direct link between a stadium's profits and ROI and the condition of its external building facade/surrounding built environment? To the above question, I would answer a resounding "yes" every time. Let me tell you why...
Tue, 04 Aug 2015 10:08:48 -0500There are many terms which office space tenants think of during the office space lease negotiation phase. From the rental price to parking inclusions to who pays for the common area maintenance, there is certainly a lot of terms to consider. One aspect which tenants do not always consider during negotiations is what the relationship of the parties will be should a natural disaster occur, such as a hurricane or tornado, and cause damage to the premises. Although these instances don't arise all that frequently, should they occur, you want to be sure that you, the tenant, are adequately protected.
Mon, 03 Aug 2015 06:56:21 -0500A commercial mortgage can be defined as a loan that is secured on a property that is not your residence. You basically get a loan to buy a commercial property that you want to let. All premises can be very different and this means that the loans have to be assessed individually and priced in relation to the individual risks they come with. The commercial mortgages take up from where the business loans finish. There are so many lenders willing to offer the mortgages, but you also need to be careful with the process to get the best deal.
Thu, 30 Jul 2015 11:33:28 -0500Many business owners are often focused on the office space itself when leasing a commercial office for their company. Although the interior of the office is quite important, it is vital to not overlook parking options when leasing office space. This is especially relevant in cities and largely populated areas where having parking on-site is an absolute necessity.
Thu, 30 Jul 2015 08:19:03 -0500Small businesses were expected to be one of the prime beneficiaries of the 2008-2009 bank bailouts. Whether this intended outcome has actually come true is a matter of often fierce debate among small business owners and their bankers. With the banking lobby still playing a dominant role in the legislative process, both individual and commercial borrowers are actively wondering about the future of commercial lending to the small business sector.
Tue, 28 Jul 2015 14:45:28 -0500Have you ever stood at the boundary of a property and wondered whether the site was viable for development? Sites with old warehouse/manufacturing plants might be suitable for redevelopment into residential or a new industrial facility, maybe something else. But how would you know?
Tue, 28 Jul 2015 14:25:01 -0500Commercial property can be considered a little daunting - if you don't deal with the day-to-day matters of in operation from a commercial creating, most people are unfamiliar with the conditions and terms of commercial leases, GST implications and who accounts for the outgoings (expenses) from the building.
Fri, 17 Jul 2015 13:14:59 -0500Lucknow, the capital city of the Indian state of Uttar Pradesh has witnessed a huge growth in the real estate sector in the past few years. Lucknow is now emerging as the leader of the real estate sector in the present scenario.
Fri, 17 Jul 2015 10:54:11 -0500With new CDM regulations now in place, the risks placed on the building designer have changed. There is a greater need to ensure that safe access to the building facade can be obtained for future cleaning and maintenance, but this doesn't always fall within the remit of the architect.
Thu, 16 Jul 2015 14:21:20 -0500Property developers like profits and they like keeping them even more! So what is a good profit margin and how do you keep it?
Thu, 16 Jul 2015 14:20:01 -0500Property development in Australia is changing! If you hadn't noticed that there is a virtual flood of Asian money entering Australia then you need to start talking to people in the industry before you get yourself into a spot of bother.
Tue, 14 Jul 2015 11:15:38 -0500Today's stadiums need revenue for 12 months of the year, not just during the sports season. Concerts, events and hospitality all create vital extra revenue for stadiums but to attract and deliver events, a clean environment that creates a positive impression is a must.
Fri, 10 Jul 2015 14:34:28 -0500At a recent training program I ran one of the students asked how to make money in development when you don't have any money. I was surprised. The answer is so obvious it's not funny; yet people everywhere ask this question.
Tue, 07 Jul 2015 09:35:25 -0500When you lease commercial property to be used as office space, your future landlord will mention terms such as rentable square footage and useable square footage when speaking about the rental cost. As opposed to having a single rent figure, these square footage calculations are used to determine just how much you'll pay for your office space.
Thu, 02 Jul 2015 10:21:37 -0500All too often a landlord or property manager will only consider the content i.e. income or ROI; ultimately the endgame of what their property can achieve. I believe that this stale and outdated approach will not create the environment or attract the calibre of tenant needed to provide the landlord with a long-term return.
Wed, 01 Jul 2015 07:36:48 -0500Every few years, the real estate industry suffers from a crash that leaves small and mid-sized business with a dilemma: is it better to own or to rent a commercial property. Buying commercial property is a complex business, which makes it difficult for experts to maximize their investment value. There is no one-size-fits-all strategy. The following guide takes a realistic approach to solving the dilemma of whether you should buy or rent a commercial property.
Wed, 01 Jul 2015 07:33:41 -0500Buying a property for commercial purpose is a huge investment. That is the reason why investing in commercial traditionally has been the job of only high net worth individuals or institutional investors. However, time has brought change. Many types of investors are getting into the game.
Tue, 30 Jun 2015 15:38:48 -0500The office lease is one which contains many terms. Some are in there for the benefit of the landlord while others may help out the tenant in one way or another. One which falls within the former category is the relocation provisions term. This is sometimes found in a commercial office space lease and allows the landlord to relocate the office space tenant to another office space location within the building or office park should the landlord need to, or want to, accommodate a new tenant looking for larger office space.
Mon, 29 Jun 2015 08:53:48 -0500When speaking of commercial real estate this terminology refers loosely to any piece of land bought with the intent to make money on the property. This includes any real estate that is bought to be used for apartment complexes, industrial production, strip mall, office buildings, restaurants, etc. It can also include any vacant land that has the potential to hold property that can make money.
Thu, 25 Jun 2015 15:27:15 -0500Look up and down any city street hosting commercial buildings constructed in recent decades and it is likely you will see at one end a large scale cleaning operation under way behind protective sheeting, and at the other end sad, dirty and neglected buildings badly in need of a clean. What you rarely see are rows of clean buildings, free of scaffolding and smartly presented. Why is this? It all comes down to economics and misunderstanding. Minor procedures such as window cleaning give an impression of good maintenance but hide the real truth - the general staining, the environmental and organic damage and the undermining of the intended performance standards of the facade materials and structures they are fixed to. By the time this damage becomes apparent, the only solution is an expensive, unsightly and inconvenient facade cleaning project. In extreme cases it is simply too late even for this.
Tue, 23 Jun 2015 09:30:48 -0500When you lease or buy commercial office space, you'll want to advertise your presence at the location in one way or another. When you buy the office space, you will usually have countless options as to signs on and around the premises. However, if you lease commercial office space, there may be restrictions in place concerning placement of signs or even restrictions stating that no signs are allowed and you are basically a hidden entity from those passing by. This is why it's important to ask about signage options, requirements and restrictions before you sign the lease.
Mon, 22 Jun 2015 11:02:43 -0500Property development is many different things to many different people, and to you it is something else again. You might be starting a career in one sector of the property development industry such as engineering, architecture or building; or you might be a seasoned property developer; but one thing I know for absolute certain is that you don't know everything about the property development industry or the property development process!
Tue, 16 Jun 2015 08:29:54 -0500When business owners lease commercial office space, there is often more to consider in the way of expenses than just rent. One would like to think that a rent payment each month or year would cover all of the tenant's costs, but this is usually not the case. Most office space tenants will have to pay an additional rent, such as operating expenses, under the lease terms. Here are some things which all commercial office space tenants must keep in mind when signing a new office space lease.
Mon, 15 Jun 2015 11:54:15 -0500In the aftermath of the depression, commercial real estate has had a slow recovery. Jump start the process and avoid the show down at the bank. The new lender on the street is a private investment firm, better terms, the next door neighbor might be your future investor.
Tue, 09 Jun 2015 12:30:33 -0500I own the building that houses my construction business. We are considering purchasing a larger building and moving. My broker suggested a 1031 exchange. How does that work and is it worth the effort?
Tue, 02 Jun 2015 09:52:27 -0500The steps one must take to lease commercial office space are plentiful in number. Once you find the perfect office space to lease, you then have to delve into the lease terms and negotiations to ensure that the arrangement is beneficial to you, the tenant. The commercial lease has many terms to read through and there are certain clauses which must be included in order to properly protect you as a tenant. Two clauses in particular which are a must when it comes to lease inclusion include the assignment clause and subletting clause.