Questions to ask a potential commercial real estate broker. If you are trying to find a new commercial space and negotiate a lease, then it pays to have an experienced commercial realty advisor on your side. This is why it’s so important to choose a qualified and trustworthy real estate broker. But how can you find the best broker for
What buyers need to consider when purchasing a property in a short sale. Short sales are commercial real estate transactions where the selling price of the property falls short of the total debts, second mortgages, or liens against the property. Short sales typically occur when a property owner is unable to pay their lender and wishes to get rid of
Ten years in and commercial real estate prices continue to rise. According to statistics from the latest U.S. National All-Property Index, real estate prices across all four main core property sectors have increased for the tenth year in a row, recording a year-over-year growth of 7.2%. Prices in the industrial sector are leading with a year-over-year growth of 11.8% while
Learn about new tech that targets the commercial real estate industry. As with many other industries, the commercial real estate sector is seeing a technological boom as tech companies scramble to meet the changing needs of the industry. With new forms of technology constantly emerging, brokers and other real estate professionals must re-evaluate the role that technology plays in their
Learn about the benefits of data spread in the commercial real estate sector. While the commercial real estate market has been slow to adopt new technology, there has recently been a push for new platforms that streamline and simplify the duties of commercial real estate brokers. But how is new tech affecting the commercial real estate market? Here’s what you
Learn about the new state legislation that could force some California cities to accept cannabis retailers. When the state of California legalized marijuana, it was with the promise that local governments would be allowed to control the local licensing and approval of dispensaries within their cities. However, Assembly Bill 1356 could revoke that promise. Your California commercial realty advisors report
Which property upgrade is right for you? Just because you have successfully purchased a new property does not mean that your work is done. Oftentimes, a newly acquired property needs to be upgraded to optimize its value and stay competitive in the real estate market. When it comes to updating your property, you have two main options: renovation and redevelopment.
Are there legal tensions brewing at your cannabis business? The cannabis industry seems to be in constant flux, and this uncertain regulatory environment can breed disputes that can simmer over into expensive litigation. However, it can be difficult to determine if you have legal tensions brewing at your cannabis business. Here are some questions you should ask yourself to identify