Office moves can be time-consuming and are usually much more complicated than moving into a new house. Communication and proper preparation are important to have the move go smoothly and efficiently. We detail the most important steps for your office moving checklist below. First Item on Your Office Moving Checklist: Set Up a Schedule You’ll need…
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Your search for a commercial real estate broker should be similar to how you approach looking for a good dentist, doctor, or even lawyer. Get references from friends and professional connections, do your due diligence on researching as much as possible, and use a hefty amount of common sense. With that being said, there is still plenty of inside information that’s handy to…
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If you own commercial rental space, whether many units or just a few, one fact holds true; in order to maximize profits on every space, you'll need a top property management company handling all the details. Let's be honest, it used to be that any old property management company was satisfactory. just so long as…
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While you may think that landlord skills are naturally inherited, you would be wrong! Many people feel they don’t want the expense of hiring a commercial property manager and feel they will do fine on their own. It is a common misconception in our industry. The benefits will outweigh the costs. Here, we will discuss…
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Most people are familiar with residential property management and commercial property management. Understandably, we often get asked, “what is industrial property management?” as industrial property is often perceived as the same as commercial property. However, this is not the case. Commercial property is divided into several different categories, one of which is industrial property. Further,…
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Knowing how to calculate rentable square footage is extremely important, especially when you’re looking to lease a new commercial space for your business. A proper calculation of the space can help you save money. An improper calculation can make the difference between a great or awful commercial lease; since landlords often charge based on the…
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Your old office lease is up and it’s almost time for the new one to start! If you're feeling overwhelmed, perhaps you need an office relocation planning guide to help put things into perspective. Let’s be real—office moves can be daunting. There’s nothing simple about relocating an entire team of employees, much less moving high-value…
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Real estate is one of the oldest and most secure investments you can make. After all, unlike cryptocurrencies or stocks, you have something ‘real’ backing your investment. While real estate markets will fluctuate in the short term, real estate is guaranteed to appreciate over enough time. If you’re wondering, “Is commercial real estate a good…
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In this day and age, the tasks of a commercial property manager are varied which requires managers to be flexible and have a broad skill-set. Property management primarily involves overseeing day-to-day operations of commercial properties (i.e: cleaning and maintenance), facilitating contract negotiations, communicating with owners about occupancy levels, preparing financial statements, and collecting rent. Below are some additional duties,…
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If you own commercial real estate in Kelowna, you know managing a property requires a substantial commitment of time and resources. There’s a lot involved in managing a property properly. However, many investors consider managing their own properties. Some consider the savings benefits if they live close by, are reasonably handy and have extra time…
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