1,563 Transactions in 2019

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How to Reduce Building Operating Expenses

How to Reduce Building Operating Expenses

There are few things you can do to increase the value of your property, you can either raise rents or reduce operating expenses. I’d like to briefly touch on a few steps you can do to reduce your building’s operating expenses, investor can focus on what we call controllable expenses, or otherwise known as common…Read More→


Economic Challenges of COVID-19 on Commercial Real Estate

Economic Challenges of COVID-19 on Commercial Real Estate

Many are comparing the economic challenges of COVID-19 on commercial real estate to that of the last recession. But CRE was in a much stronger position before the 2020 pandemic than it was in 2008. And although CRE—and the entire world—will operate differently moving forward, experts say CRE will bounce back. Brokers recently reported they…Read More→


What are 1031 Exchange Fees?

1031 Exchange Fees  or Accommodator fees

1031 Exchange Fees? Yes, there are costs associated with 1031 exchanges. When you are selling an investment property and decide to do an IRC 1031 tax deferred exchange there are some closing costs that are considered allowable and unallowable expenses. Under §1031 in any sale where the exchanger pays closing costs that are necessary for…Read More→


The More Important Parts of a Commercial Lease

The More Important Parts of a Commercial Lease

There are a few parts of a commercial lease that you should pay close attention to. Commercial leases are lengthy documents that can be seriously daunting to peruse, but it’s important that you take the time to read all of the terms carefully before signing on the dotted line. While every part of the lease…Read More→


10 Things to Know About 1031 Exchanges

10 Things to Know About 1031 Exchanges

(1) A §1031 tax deferred exchange is for investment property only. Land, commercial, or residential property that has been rented out, all qualify. (2) A seller must use a Qualified Intermediary (QI) to act as the safe harbor of their funds (3) You must spend equal to what you sell for minus customary closing costs…Read More→


When to Start Looking for a New Commercial Office Space

When to Start Looking for a New Commercial Office Space

When should you start looking for a new commercial office space? Typically, companies start looking for  a new commercial office space as little as nine months before their existing lease ends. Unfortunately, they’re doing it wrong. To successfully find and negotiate space. The savviest tenants can spend two to three years planning for a move….Read More→


Terms to Look For in Your Commercial Lease Agreement

commercial lease agreement

A commercial lease agreement can be an intimidating document, especially for those who don’t work with real estate on a regular basis. Reading your entire lease carefully is vital to ensuring that you’re getting the best deal when you’re renting commercial office space; however, some terms and clauses are of particular importance and should be…Read More→


Tenant Improvement Projects – Things to Remember

Tenant Improvement Projects - Things to Remember

Planning tenant improvement projects used to be simple — design rows of private offices with cubicles in front and don’t forget a storage room and reception area. Modern offices are much more variable. While the key to a successful project is to customize it extensively to your needs, there are still a few rules of…Read More→


Understanding Cap Rate in Commercial Real Estate

Understanding Cap Rate in Commercial Real Estate

Let’s examine what a cap rate is and how it allows investors to evaluate their rate of return. There are many ways to value real estate. It consists of appraising the land and building, comparing comparable properties, or calculating the value based on the rents being generated. The later method is where the capitalization rate…Read More→


My Commercial Property Won’t Sell, Why?

Commercial Property Won't Sell

Your commercial property won’t sell, you listed your building up for sale and it simply didn’t sell. The first thing to do is to take a step back and analyze the situation. Try to assess what factors led to your property not selling. Below are the top four reasons why properties tend to languish on…Read More→


What Can You Expect from Your Commercial Property Management?

What Can You Expect from Your Commercial Property Management

When it comes to Commercial Property Management Services, selecting the right company can make the difference of having a good experience compared to a bad one. Below is a quick summary of what you can expect when hiring a commercial property management company and some questions to ask when interviewing them. From accounting and administration…Read More→


8 Things to Consider Before Hiring a Contractor

8 Things to Consider Before Hiring a Contractor

Let’s look at things to consider before hiring a contractor to do work on your commercial property. Our friends at Bleuwave Facility Management helped us put together this helpful fact sheet. At Bleuwave, we recognize that your home or commercial building project is one of the biggest investments of your life. Before entering into a…Read More→


Renegotiating A Commercial Lease

Renegotiating A Commercial Lease

Let’s examine renegotiating a commercial lease. If you are currently leasing commercial space and your lease expiration date is within a year from expiring. Now is the time to consider reviewing your lease and/or renegotiating your lease down to today’s market rates. Many commercial tenants are struggling to pay lease rates from 3 – 5…Read More→


Abated Rent on Commercial Leases

Abated Rent on Commercial Leases

Let’s examine abated rent on commercial leases from both the landlord’s perspective and the tenant’s perspective.  The abated amount can be recaptured if a tenant defaults on the agreement.  Abated Rent: A Landlord’s Perspective In today’s market, it is common for landlords to give fully or partially abated rent as a lease concession to tenants….Read More→


Understanding Triple Net (NNN) Leases

Understanding Triple Net (NNN) Leases

How to understand Triple Net and Commercial Real Estate Language. As a commercial real estate broker with Commercial Properties, Inc., I get many prospects, tenants and even new brokers trying to understand Triple Net and other Commercial Real Estate terms. To help understand Triple Net, it’s important to know the definition as well as what…Read More→


Making the Lease vs Purchase Decision

Making the Lease vs Purchase Decision

Lease vs Purchase, it’s a decision most business owners are faced with, and one hat isn’t easy. With rents going up and interest rates continuing to post rates that are at or near historic lows, the balance might seem to have shifted to the latter option in the lease vs. purchase decision. However, leasing remains…Read More→


Finding the Right Contractor for Your Project

Finding the Right Contractor for Your Project

Here are some tips on finding the right contractor for your project from our friends at Belmontez Construction. Always, always, always work with a licensed & insured General Contractor. Having a licensed contractor benefits both the client & the General Contractor. A licensed contractor offers liability insurance to protect the client & the project. Now…Read More→


Ways to Reduce Your Rent Expenses During a Crisis

Ways to Reduce Your Rent Expenses During a Crisis

Are you a commercial tenant struggling to pay rent and need to know your options? Attached is an article showing 5 proven ways to reduce your rent expenses during crisis events like COVID-19. Click the PDF Link below to get access to the FREE Email Templates… Download Printable Article (PDF) >> (1) Rent Deferment This…Read More→


IRS Extends Deadlines for 1031 Tax Deferred Exchanges

IRS Extends Deadlines for 1031 Tax Deferred Exchanges

The IRS has extended the deadlines for 1031 tax deferred exchanges. On April 9, 2020, the IRS issued Notice 2020-23 which provides that taxpayers have until July 15th, 2020 to perform all Specified Time-Sensitive Actions, that are due to be performed on or after April 1st and before July 15th, 2020. Download Printable Article (PDF)…Read More→


COVID-19 and 1031 Exchange Timelines: What Does One Do?

1031 Exchange Timelines

Lets look at 1031 Exchange Timelines and how the pandemic can impact them. In a 1031 Exchange there are timelines to follow. If a seller of an investment property is in agreement to exchange with a Qualified Intermediary when they close on the relinquished property, the clock starts ticking. The taxpayer has 45 days from…Read More→