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Leasing Agent or Tenant Representative: Who Should I Retain?
No one can say they’re 100% ready for a real estate transaction. Apart from the real estate jargon that seemingly only brokers can understand, there are also contracts, negotiations, endless paperwork, taxes, and a slew of other considerations that might just stress you out. Levi Smith from PA Commercial believes there’s a way to navigate…
What Are the Different Types of Commercial Buyers in Real Estate?
When you invest in commercial real estate, knowing the different types of buyers is crucial, so you can make the right decisions that align with your goals. After all, it would be unwise to blindly jump into any investment without looking ahead and understanding the people you may encounter. In this article, we will discuss…
The Benefits of Working with a Property Research Company
Perhaps you’re looking for an office building that can house your growing company. Or maybe you’re planning to invest in an additional warehouse so you can expand your inventory and increase your sales. Either way, you’ll want to search for a property that’s not only within your price bracket but will also provide you with…
Industrial Buildings: The Different Types Available to You for Investment
While there are some similarities, industrial real estate is notably different from commercial real estate in some ways. For the most part, the latter is used for business purposes, while the former is used for the production, distribution, and processing of goods. If you are interested in investing in industrial buildings, the following are the…
A Guide to Real Estate Purchase Agreements
Buying or selling a property is an exciting time. But it’s also a very tedious process involving many contracts, agreements, and other paperwork. This paperwork will ensure that everything is legally binding and both parties are protected throughout the sales process. Now, if you’re looking for a new office or selling an existing one, it’s…
Flex Space in Commercial Real Estate: What Makes It a Good Investment?
As commercial real estate continues to evolve, there’s also an increasing demand for new types of workspaces. These days, flexible spaces are a hot trend in commercial real estate because they are a wise choice for businesses that want to create a balance between working efficiently and keeping operational costs low. What is a flex…
Planning to Buy Commercial Properties? Consider Investing in Medical Buildings
Investing in commercial properties is one of the best ways to create a second income and passively grow your wealth. However, before you start investing, it’s essential to do your research and decide which type of commercial property is ideal to purchase. There are plenty of excellent options, but one of your best choices is…
What Is Industrial Real Estate: Everything You Need to Know
Industrial real estate can sometimes be confusing and make you do a double take. Chances are, it’s not something people think about often, but industrial buildings are an essential part of the real estate market, and they deserve some love! If you’re new to property investment and are curious to know what industrial real estate…
Determining the Most Profitable Types of Commercial Properties
When people decide to invest in commercial real estate, they often start their search by finding commercial buildings for sale that fit their budget and are in excellent condition. But, while it’s true that your investment should be affordable and have good structural integrity, these aren’t the only factors you should consider. You must also…
Learning the Art of the 4 C’s of Negotiations
A negotiation can be, without a doubt, one of the most challenging steps in every real estate sales process. Even a real estate negotiation expert will tell you that this skill needs many years of experience before you can master it. But being a good negotiator is also a critical step towards closing deals with…
You Need These Five Tips to Negotiate a Commercial Real Estate Deal
As a business owner, finding a suitable office space for lease is at the top of your priorities. But that’s only the easy part of the entire real estate process. Once you find the right property for you, there’s no guarantee it will be yours until you negotiate and close a successful commercial real estate…
What Type of Commercial Building Should You Look For?
When deciding to invest in commercial buildings for sale in Michigan, many people focus on finding properties within a certain price range that will easily fit into their budget. Others focus more on the location and search for units that will bring them closer to their target audience and make their business more accessible. Still,…
Things You Need to Know About Tenant Representation: How It Makes Finding Commercial Spaces Much Easier
Finding tenants for commercial property can take time and effort. But do you know finding good commercial spaces for rent or lease is more challenging? As a business owner, you should already have experienced this predicament where you have spent time and money looking for the perfect space for your business. After much research, you…
Negotiating Commercial Real Estate Agreements to Get the Best Possible Results
There’s a laundry list of things businesses should do when buying or leasing a commercial property. These include finding properties in the ideal location, checking if the building is large enough to meet their needs, and looking for units that are cost-effective and suitable for their budget. However, even if you’ve found a property that…
Understanding the Ups and Downs of The Metro Detroit Office Market in 2022
By: DeVon Jackson & Levi Smith | P.A. Commercial December 20, 2022 Click here to view original article The Metro Detroit Office Market in 2022: Understanding the Ups and Downs Despite the pandemic, the real estate market has continued to thrive because of a continuous influx of investments from homebuyers and tenants across the country.…
The Real Estate Process: A Guide for Businesses
Commercial buyers often feel intimidated by the entire real estate process. After all, it’s not easy to go through properties and make a decision worth thousands—or even millions—of dollars. One mistake and you could potentially lose a considerable investment and drag your entire business with you. With the many commercial buildings for sale in Michigan,…
5 Effective Ways to Find Commercial Tenants
Renting out a commercial property is one of the best ways to make passive income in real estate. However, finding tenants for commercial property can be challenging. And, if your building or space goes vacant for too long, it can start eating into your profits. So, how do you find tenants for your commercial property?…
Property Research Company: What You Need to Know
Prospective investors can choose a property that is useful right away and has the potential to make money for them in the future with the aid of thorough real estate market research. Logically, people conduct their due diligence before spending any money on a real estate acquisition. This is particularly the case in a year…
Should You Rent or Buy Your Business Facility? Here’s What You Need to Know
Finding a suitable facility is one of the pillars of starting a business and making it successful and long-lasting. However, before you start looking for the ideal location and property, you first have to decide whether you’ll purchase an office for sale or lease a space for several years. Both options have their own pros…
Renting an Office Space in Detroit: A Guide for Businesses
As the business industry slowly gets back on track after the pandemic, there’s a surge in demand for an office space for lease in Detroit for both new and existing businesses in the area. Now, if you’re one of those looking for a new office for your business, the cost will likely be one of…
What Is the Purpose of Leasing Property?
Some businesses lease commercial spaces for their offices. Meanwhile, others are expanding their operations, requiring warehouse buildings up for lease to store inventory and materials. But what is the REAL purpose of leasing a property? Option to Occupy Spaces That You Can’t Afford to Buy Otherwise Leasing a property will allow you to get a…
The Difference Between Lease and Tenancy: What You Need to Know
Whether you’re searching for an office for your new business or planning to move to a bigger space for your growing company, you’ll most likely have a list of tasks to tackle. Finding tenant representation experts who can help you with your search by browsing through websites listing commercial properties and looking for commercial movers…
Understanding the Different Types of Tenancies: Four Different Types of Tenancies to Learn About
Securing tenancy, whether for a commercial or residential property, involves a long and sometimes complicated process, especially if you know little to nothing about it. Although you can work with a property research company or have tenant representation to make things easy, it’s still vital to learn about these four different types of tenancies to…
Tenant Representation: Why It’s a Must if You’re Securing Commercial Property
Navigating through the complexities of securing an office space for lease in Detroit can be mind-boggling for anyone without experience in the job. Aside from having to comb through a plethora of options to find the right property for your business, you also need to go through negotiations, offers, paperwork and contracts before you can…
Getting Commercial Tenant Representation: What Are the Benefits?
Whether you’re running a small startup or managing a large company, you probably already know that finding the right workspace to lease can be a considerable challenge. After all, numerous important factors must be considered, such as the property’s location, the size of the commercial space you need, and the amount of rent you’ll have…