The Price Is High. The Buyers Are Gone.
3 Key Takeaways: A building can survive its owner and still never be worth what that owner insisted. That is the uncomfortable part of selling commercial real estate. Concrete lasts. Conviction, unfortunately, does not establish market value. An owner may have spent decades maintaining a property, replacing its roof, navigating tenant problems, and remembering what…
CLCG Facilitated the Sale of 11 Acres to the RiverWoods Group
Dave Garvey, of Coastal Land & Commercial Group, Government Services at Keller Williams Coastal Realty, is pleased to announce the sale of approximately 11 acres located off Route 108 on Stone Quarry Drive in Durham, NH. The land was sold to the The RiverWoods Group, a charitable nonprofit Continuing Care Retirement Community. Dave represented the…
Local Implications of the Import Tariff
‘The broad influences on commercial real estate continue to amaze me’, mused Dave Garvey, Managing Director of Coastal Land & Commercial Group, Government Services at Keller Williams Coastal Realty and agent Broker for 40+ years. The newly imposed tariff on Chinese imports are no exception to that and will have affects even in New Hampshire’s…
New Executive Assitant Named
Keller Williams Coastal Land & Commercial Group and Government Services Division announced today that Sarah Hafner has been appointed Executive Assistant. Prior to her appointment to Executive Assistant, Hafner served as an Analyst for Uncommon Catalyst and Smithsonian & Affinity Family Travel Advisor at Thomson Family Adventures. Hafner provided administrative, marketing, and IT support to Uncommon…
What to Look for in Retail Space
Choosing a retail space for your business requires many considerations. From the square footage and amenities to the lease or purchase price and utilities, you need to carefully review every detail about a prospective space for your company to set up shop. Here are some of the most important factors to contemplate before selecting a…
Beginner’s Guide to Finding a Restaurant Space
Many people dream of opening their own restaurant. But for most restaurateurs, dreams give way to harsh reality. Studies have found that 60 percent of restaurants don’t make it past the first year, with 80 out of business in five years. While there are several factors that contribute to the success or failure of a…
Know Your Lingo: 6 Key Terms for Commercial Tenants
Whether you’re just starting your first company, or looking to expand your operation, navigating the commercial leasing process can be complex and confusing, with few standard rules and lots of complicated jargon. As you begin your search for the ideal office, retail, or restaurant space for your business, here are a few of the most…