Commercial real estate is a great addition to any investment portfolio. When it comes to valuing commercial real estate there are many things you can do that improve the value of your property. We break down 3 of the key ones below. Valuing Commercial Real Estate: Make it Environmentally Friendly Environmentally friendly and energy efficient…
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As a landlord, you’ll make a lot of important decisions, and you’ve probably heard about other business owners making the choice to use a property management company. You yourself may even be wondering “Why should I use a property management company?” and “What is a property management company to begin with?” We answer both of…
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The pandemic has changed the way we do a lot of different aspects of life and that includes moving. Because of various restrictions, simply trying to move everyone in an office on the same day may not be possible depending on the size of your company. We recommend creating an office moving checklist so that…
Read MoreSubscription services like Amazon Prime offer a free month trial and internet providers offer two years on a lower fixed rate to get new customers—it’s clear that business incentives work. One of the main incentives that many companies look for in a commercial location is a tenant improvement allowance. A tenant improvement allowance is the total sum of money or per-square-foot…
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Once a lease ends you typically have two choices: find somewhere else to set up shop or look into lease renewal options. If you’re in an especially good location as a business, we recommend choosing the latter option. However, lease renewal is not without its own set of choices. We break down how to help you through the process below. Lease Renewal Options:…
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While similar to residential property management, in that certain duties are shared in both jobs, commercial property management differs in a number of respects. Commercial property management companies manage a wide array of commercial businesses to name one key difference. Offices, retail spaces, storage facilities, shopping centers, and industrial buildings across a number of fields and industries are all managed and leased…
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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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Putting a value on most items is relatively easy, but when it comes to valuing commercial real estate the process isn’t quite as straightforward. When you’re buying a commercial property the most important question you want to know the answer to is usually ‘what does it cost?’. However, getting a clear understanding first of what…
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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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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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