As we approach the third quarter of 2014, commercial real estate remains a seller’s market. There simply are a lot more buyers than there are sellers. Therefore, the seller is benefiting from the increased demand & competition for their property. There are many reasons why it is a seller’s market:
Read MoreDo you know how much your commercial property is really worth? There are two methods of assessing a property’s value, an appraisal or a broker’s price opinion (BPO). Each one has its own purpose. There is no need to spend more money than necessary on the valuation of your property. In this article, I will talk about when properties need to be assessed by a certified appraiser and when it is ok to get a broker price opinion.
Read MoreYour lease is expiring soon and you have six months to renew or relocate. The most common mistake tenants make is to assume that the building’s management is going to give them the best deal. They think that by going direct, they are exhibiting good will and it will make a smoother renewal process.
Ask yourself one question: Who does the property management work for?
Read MoreWhether you own office, warehouse, industrial or retail properties, a Sale/Leaseback is an innovative option that can maximize your real estate investments by converting a long-term lease commitment into a valuable commodity. Leased investments are especially attractive to 1031 Buyers who will pay a premium for a stable long-term cash flow. That means top dollar for owners who sell their properties but remain as tenants.
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