Minding Business

8 Considerations When Leasing Office Space

Posted by Anna Jotham on April 24, 2019 in No Category
When it’s time to lease commercial office space for your business, you may be thrilled to have found what seems to be the perfect place for you. Or maybe you’ve identified several properties and are weighing the pros and cons of each. Or perhaps you are just getting started and looking for a sense of direction. Wherever you are in your search for office space to lease for your business, you’ll want to weigh several considerations before you sign on the dotted line.   Essential considerations... read more
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5 Most Common Mistakes of Real Estate Investors

Posted by Anna Jotham on April 17, 2019 in No Category
Real estate investing, like any type of investing, comes with a learning curve. As they gain understanding of the market and property-related pitfalls, newer investors face several common mistakes. For some of those investors, lessons come at a price, while for others, common missteps can be quickly rectified. Let’s examine some of the most common mistakes real estate investors make.   Property investment offers learning opportunities—so embrace them! How you approach mistakes early in your real e... read more
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When and How to Seek Rent Abatement

Posted by Mikayla Zimmerman on March 22, 2019 in No Category
Rent abatement can be an attractive lease incentive for anyone who wants to rent commercial real estate. Rent abatement allows a tenant to pay a portion of rent, or none at all, until the landlord completes work (often repairs) on the property. A tenant will find rent abatement terms outlined in their property lease, and they can reduce or entirely eliminate rent expenses if the property is no longer usable.  Rent abatement can offer benefits to both landlord and tenant. For tenants, it provides that you may ... read more
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What to Look For When Seeking Warehouse Space

Posted by Anna Jotham on March 08, 2019 in No Category
When it’s time to look for warehouse space for your business, the search can be overwhelming. After all, choices can range from locations that would be ideal for manufacturing to those that would be great for storage, and even some that would be perfect for distribution. Once you’ve identified your organization’s needs, you’re only at the beginning of knowing the features you’ll want and the qualities of any particular warehouse that you’ll most appreciate.   In commercial r... read more
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What Can I Include in CAM Charges?

Posted by Anna Jotham on February 22, 2019 in No Category
In the world of commercial real estate, all tenants benefit from the upkeep of common areas, so it stands to reason that those tenants can be assessed fees to help with the associated expenses. After all, a clean, well-maintained environment reflects on their business, gives a boost to daily operations and in a retail setting, likely helps keep customers coming back. But exactly what can be included in common area maintenance, or CAM, charges can generate confusion. Many facets of property maintenance have an assoc... read more
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