What Is Flex Space in Commercial Real Estate? (And Why Demand Keeps Growing)
Key Takeaways: Flex space is what happens when commercial real estate stops choosing between office, warehouse, and light industrial uses — and decides to be all three at once, without the burden of costly structural overhauls. The market case is hard to dismiss: Demand for flex space has surged 19% above pre-pandemic levels. By 2030,…
Commercial Financing – A Brief Introduction:
You want to buy commercial real estate. Whether it’s for investing or for your business or both, one of the biggest questions is how can I finance it? What will be the best route for me? Who can best provide for my needs? Here are some of the different avenues you can look into when…
Finding Commercial Real Estate
Why is finding commercial real estate so difficult? Investors, residential real estate agents, and colleagues ask this question on a regular basis. The residential market was changed with the entrance of Zillow and Redfin to digital world. Their fight to become the “Google search” of real estate listings has made consumer efforts much easier. Commercial…
Pro & Cons of Hiring a Buyer or Tenant Agent
Today real estate seems easy. Put your property online, receive dozens of offers, pick the one that is $25k -$100k over asking price with no contingencies and BOOM, your property is sold. You can probably guess that this is not the case for commercial real estate. But what is very transferable from residential real estate to commercial real…
What To Look for in a Commercial Agent
If you ask any commercial broker or agent they will tell you commercial real estate is different than residential. It is almost a cliche. When hiring a residential real estate agent, it is much simpler and potentially more straightforward on who you are hiring. When you hire a residential agent, you can easily see how…
Location, Location, Location
Disclose or Not to Disclose In commercial real estate, sometimes sellers are hesitant to share their property’s location when creating public marketing. This can happen because they own a business and don’t want to cause concern to clients or decrease sales or, if they own a multifamily property, they don’t want to alarm tenants. The…
A Crazy Housing Market’s Domino Effect on the Commercial Market
To most people looking around at the American housing market, they see it is as robust as ever. With people putting their house on the market and receiving multiple offers of $20k, $50k, even $100k over list price, it leaves people scratching their heads as we enter year two of the Covid economy. How can…