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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