Minding Business

When you’re ready to move on from your current rented commercial real estate, you may be considering subletting the space to soften a financial hit or so that you don’t violate terms of your lease. Whether you’re reducing overhead, scaling back to adjust to changing economic conditions, closing up shop or shifting your business model, there’s a lot to think about. On top of that, when you sublet a commercial space, there are a number of factors to take into consideration. To help you navigat... read more
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In-person shopping continues to be an attractive option for shoppers, in spite of the popularity of online shopping. That’s according to the Omnichannel Retail and Commercial Real Estate Survey of 2016, which found that tech-savvy Millennials continue to enjoy, and crave the brick and mortar shopping experience. The study was detailed at www.cbcworldwide.com,  “Millennials Still Want to Shop In-Store—Brick and Mortar, Take Notice.”  Survey findings support industry need for in... read more
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In the world of warehouse construction, the sky is the limit, which may be just one of the reasons why many builders are opting to go vertical in their warehouse construction. That’s right. Those sprawling, rural warehouse properties still have their benefits, of course, but more and more people are looking to vertical solutions for their warehouse needs.  It makes sense for numerous reasons, and it’s possible this trend could catch on and grow in popularity, as it is in other countries. In fact... read more
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When it’s time to put a new face on your property, whether it’s a multi-family housing investment, a storefront, an office space or a manufacturing facility, the savvy business owner will have an eye on the project cost. But the truth is a commercial remodeling project does not have to break the bank, and you don’t have to sacrifice achievement of your goals for improvements to your business.   Here are a few tips for ensuring your commercial property remodel doesn’t put you in the ... read more
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A recent survey of young and older workers in Commercial Real Estate (CRE) identified significant differences in how they view technology in the industry, how it affects them and how they anticipate it will affect them in the future. The study was conducted by Coldwell Banker Commercial and National Real Estate Investor (NREI). Survey respondents were divided into those age 45 and younger and those older than 45. Here are four key findings of the study.   #1 Tech rocks the younger CRE workers’ world.... read more
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