Minding Business

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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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 to Look For in a Commercial Real Estate Agent

Posted by Anna Jotham on June 26, 2017 in No Category
When buying, selling or leasing commercial real estate, you have a lot on the line. Oftentimes, the decisions you reach will make or break your business, so it’s critical to have a solid commercial real estate agent on your side. But what makes for a solid commercial real estate agent? A lot of it comes down to personality and character as well as skill and experience. Most vetting today begins with a recommendation from a friend or colleague. Whatever way you find the agent you’ll still ne... read more
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What the Sharing Economy Means for CRE in 2018

Posted by Anna Jotham on January 19, 2018 in No Category
In 2018, the sharing economy is likely to have a continuing impact on the commercial real estate (CRE) industry, according to industry analysts. For those with limited knowledge of the concept, the so-called sharing economy allows individuals to share their resources either at no cost, or for a fee, and is often anchored by tech solutions. For the CRE, the sharing economy has led to shifts on numerous industry fronts, and investors and developers will likely want to be mindful of these economic changes.  ... read more
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