Five Steps for Reviewing a Preliminary Settlement Statement from Title
When you are purchasing or investing in commercial real estate, whether it be a building or land, getting through the closing process can be daunting. Fear not! If you understand the process and what to expect, it can help overcome any potential fatigue and get…
Common Types of Commercial Real Estate Leases
There are an endless variety of lease agreements in commercial real estate. To better understand the options, let’s dive in and review the most common commercial real estate leases, and then examine their differences. Common commercial real estate leases The most common commercial leases include:…
8 Points to Negotiate in a Commercial Office Lease
There is a quote by American businessman and former FBI hostage negotiator, Christopher Voss, which perfectly sums up negotiation. He says, “Successful negotiation is not about getting to 'yes'; it's about mastering 'no' and understanding what the path to an agreement is.” When entering into…
Length of Time to Build Your Own Commercial Property
In real estate speak, location is everything. It needs to make sense for the building to be situated in an area of town that supports your business efforts for attracting a client base and/or selling product(s), services and hiring employees. To help business owners make…
Negotiating on Behalf of the Buyer in a Seller’s Market
If you are intrigued by etymology, you may find it interesting to learn the root of the word negotiation is derived from two Latin terms meaning “to carry on business.” Nowadays it can be difficult to “carry on business” as every market is different and…
Don’t fall hook, line, and sinker: how to identify and protect against phishing
In the world of commercial real estate much of our business contains legal contracts and agreements between tenants and landlords, and buyers and sellers. In recent years, commercial real estate has become increasingly more digital in how it manages its transactions and confidential information. With…
Five Qualities to Look for in a CRE Buyer Rep
Buyer/tenant representatives play a crucial role in successfully navigating the complexities of a commercial real estate transaction. CRE buyer reps are licensed real estate agents who ensure their buyer’s interests are protected and the buyer’s objectives are met throughout a transaction. The job of a…
Navigating Commercial Office Lease Options
Every commercial lease is challenging, but office leases are particularly complex. It’s crucial to have a seasoned broker guiding you every step of the way, but you, the tenant, should know what to expect. There are many different types of office properties: Traditional, Creative, Co-working,…
What Indie Business Owners Need to Know Before Leasing a Space – Part 2
If you read part one of this two-part blog, you are well on your way to being ready to open your retail, restaurant, or office location. We already covered creating your business plan, scouting out your preferred location, and choosing the perfect commercial broker. The outlined…
What Indie Business Owners Need to Know Before Leasing a Space – Part One
Some people call them Mom and Pop shops, but that vintage phrase doesn’t begin to describe today’s locally owned independent business owner. They are the heart and soul of our society. According to the Small Business Administration, the United States has 30.7 million small businesses,…
How to Choose a Rock Star Buyer Rep for your Commercial Property Purchase
Every month for the past four years you’ve watched a huge pile of money go towards the rent of your commercial space. It’s your biggest monthly expense, by far. Your business is growing, and your lease is up in one year. It’s time to start…
The Power of a 1031 Exchange
You’ve successfully navigated the turbulent waters of purchasing your first commercial property. You’re several years in and business is booming. Bravo! You know you need more space but want to research what happens when you buy a bigger building. Taxes and depreciation and profit all…
The Incomparable Value of a Commercial Building Inspector
Congratulations! You’re finally ready to buy your first commercial property. You’ve chosen a superstar buyer representative that specializes in your sector of commercial real estate, zeroed in on the perfect location, and checked the zoning to make sure your business is a permitted use in…
How to have Less Headaches when Selling your Commercial Property
There comes a time in every business when a company’s spatial needs shift. Your physical footprint may need a change for a number of reasons. The business may have grown or shrunk, you may have had an increase in clients, or perhaps it’s time to…
Growing Pains Give Way to Grand Opportunities
Your business has outgrown your building. Employees are sharing offices and the restroom is stacked sky high with storage. The property manager is complaining that your workers are using too many parking spaces. You’ve had it with leasing, it’s time to take the plunge and…
Corporate and Business Migration to AZ is the Perfect Storm for Ground Leases
Recent trends have shown a surge in corporate headquarters, regional branches, and other companies, relocating to business-friendly states including AZ, FL, NC, TN, and TX. These moves are maxing out commercial vacancies in all sectors including retail, industrial, and despite the post-pandemic work-from-home craze, even…
Water: Is Arizona’s growth sustainable?
Water is the main topic of conversation for Arizona and the economic development departments at neighboring Southwest states. Fast-growing cities such as Queen Creek, Casa Grande, and Buckeye, AZ and regions like North Phoenix are feeling the water pinch as the Colorado River tightens distribution…
Win a Property with a Stand Out Offer
Picture this. After months of searching for the perfect property for your business, you find it and it checks all your boxes. Chances are that another business owner feels the exact same way. So how do you make your offer stand out? Fortunately, there are…
How Inflation Impacts Commercial Real Estate
As the economy rebounds from the pandemic-induced recession, it’s very apparent that prices across all goods and services are rising rapidly. And with inflation at a 40-year high, it’s understandable to feel anxious about the future. In fact, the Consumer Price Index (CPI) climbed from 2.5%…
Thank You for Making 2021 a Great Year!
Happy New Year! 2021 was a notable year for Andrea Davis CRE. The expansion of the team and client base inspired a rebrand and Davis Commercial AZ emerged from the ashes. The increased business volume compelled Andrea to open an office in the Scottsdale Airpark.…
Top Reasons Buyers Need Representation
With the power of the Internet and an influx of real estate technology at your fingertips, you may be asking yourself, why do I need to hire a buyer representative? While buyers can surely benefit from consumer-facing real estate apps and national websites to get…
Tips for Hiring a Commercial Broker to Sell Property
Selecting the right commercial broker to sell a commercial property is one of the most important decisions you’ll make before signing on the dotted line. The real estate industry is full of brokers, and surprise! They aren’t all are created equal. Here are tips to…
You Know What You Want, Until You Don’t
Plan as you might, a business owner never knows when they will find that perfect fit for their business. Take me for example: I found my dream office space while attending a listing presentation with a property owner. I fell in love with a clean…
Top Buyer Mistakes When Purchasing a Commercial Building
If you’re ready to purchase a commercial building, you’ve come to the right place. Working with a reputable commercial real estate broker who understands your company needs and investment goals is key in securing the right commercial deal for your business. However, it takes two…
Things to Know Before Buying Commercial Property
To buy or not to buy? That is the question every business owner asks themself as their business begins to stabilize. While there are pros and cons to both, more on that in this blog post, it is important to do a thorough analysis to…
No Slowing Down for The Phoenix Industrial Market
Since the onset of the COVID-19 pandemic in early 2020, the industrial sector has proved its resilience as many warehouses, distribution centers, data centers and manufacturers were faced with a new demand for e-commerce. Now more than a year later, we’re continuing to see a…
The Lease Versus Own Decision
The Lease Versus Own Decision If you’re looking for commercial space for your business, you may be wondering if it’s better to lease or buy. While there are pros and cons to each, the decision should come down to what’s best for your company and…
Is It A Buyer’s Market or a Seller’s Market?
Market conditions are driven by complex occurrences that happen every day. Examples include global and local economic changes such as steel shortages, demographic shifts due to the pandemic, interest rate changes, urbanization trends, and more. As a business owner, it’s important to note that these…
Commercial Real Estate Investment Tricks
No matter the property type, commercial real estate investing is all about the lease, tenant, and your return on investment. Whether you’re a seasoned investor or just starting out, remaining competitive is essential in the performance of any property. Here are a few tricks to help you be…
Not Your Mother’s Home Loan
So, you’re ready to buy your first commercial property. Great news! While you may have purchased residential real estate in the past, it is important to note that acquiring an office property is nothing like buying a home. Feeling nervous? Don’t be. My new book,…
Pros and Cons of a Sales-Leaseback
Sale-leaseback transactions are an appealing option for both corporate property owners and commercial real estate investors. But before we dive into the advantages and disadvantages of a sales-leaseback transaction, let’s first take a minute to review some logistics. In a sale-leaseback transaction, the owner of…
Tips for Investing in Medical Buildings
Given the social impact of COVID-19 and other recent worldwide events, it is no surprise that investors seek medical office buildings as a bankable, essential asset class. In addition to the relative stability these investments offer, the number of outpatient centers across the U.S. continues…
Tips for Investing in Core Real Estate Assets
If you’re looking to diversify your portfolio, look no further than core commercial real estate assets. Amid the current pandemic, typical strong demand urban centers like San Francisco, New York and Chicago have shifted in popularity for commercial investors. Instead, tertiary markets such as Phoenix,…
2020 Year in Review – Thank you!
2020, a year in commercial real estate that will be analyzed for years to come, a year that turned us all upside down. It began so ordinary, so nonchalant when the clock struck midnight on New Year’s Eve. And then, BAM! Fear gripped the world.…
Why To Save For A Rainy Day
If there’s anything 2020 has taught us, it’s to expect the unexpected. Who could have predicted the impact the COVID-19 pandemic would have on commercial real estate and specifically the demand for space through quarantines, shutdowns, supply chain disruptions, employment loss, and much more. As…
What sinks the (CRE) commercial real estate investment boat the fastest?
Investing in commercial real estate has long been a dependable wealth-building tool. While its long-term rewards can be very lucrative, it’s also a gamble. Mitigating risks on your investments comes down to learning the common mistakes and knowing how you can avoid them. If you're…
Helpful Negotiation Tips for 1031 Investors
Triple net lease investments (NNN) with essential businesses such as drugstores, grocery stores and logistics centers are in high demand in the current market. Sellers are holding strong on their asking rates and many NNN assets are under contract within weeks of going on the…
Andrea Davis on “Real Talk, Real Business, Real People” with Melissa Swader
Inside the studio with Andrea Davis, CCIM and author of SimpLEASEity, a book designed to help every one in the market learn about commercial real estate leasing. Her specialty in office, industrial and flex. Andrea also breaks down some insights regarding how her tenant representation…
Tips for Investors: How to be Successful in Commercial Real Estate
Buying and owning commercial real estate can be an exciting business venture. But like many investments, investing in property comes with risks and rewards. Before adding real estate to your existing portfolio, it’s important to understand the various factors that can lead to your success.…
Is Purchasing a Commercial Property Right for You Now?
Before buying a commercial real estate property, there’s a lot to consider. While ownership is the easiest way to control your financial future, there are pros and cons for leasing and purchasing. Before making any decisions, it’s important to remember you don’t have to do…
Buying Commercial Property is NOT Like Buying a Home
So you’re ready to buy your first commercial real estate property. That is great news! But before you do, there’s a few things you should know. First and foremost, buying commercial property is nothing like a buying residential property. While both take time, research, and…
The ups and downs of Phoenix class A office space amid time of the novel coronavirus Experts hesitant to say COVID-19 will kill brick-and-mortar staples. By Melissa Rosequist
Despite many companies and firms working remotely for an extended period of time due to COVID-19, experts estimate class A office space will not be left vacant. As Valley companies realize working from home is the foreseeable future, will that translate to a surplus of…
Emergency Relief to help meet the basic needs of the children
Andrea Davis Commercial Real Estate Company’s philanthropic partner, 200 Orphanages Worldwide, is receiving requests from partners around the world for Emergency Relief to help meet the basic needs of the children in their care. COVID-19 has required cancellations of fundraisers which in normal times would…
What’s Next For Commercial Real Estate in Arizona After COVID-19
Flexibility – key to survival post COVID-19 On April 29, Arizona Governor Ducey extended the state’s Stay-At-Home-Order Order until May 15. For many, that means two more weeks of working from home, two more weeks office spaces will be empty, and two more weeks businesses…
Finding the Right Buyer Representative
Imagine this, you’ve found the perfect office building and you’re ready to make it yours. From my previous blogs you’ve learned that inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They…
Indoor Activities Tips & Resources During Covid-19
Community Info Health Information Arizona Department of Health Services - www.azdhs.gov CDC - www.cdc.gov Practicing social distancing - https://bit.ly/2WLb497 How to Help the Community Foster Animals www.aawl.org/foster www.maricopa.gov/296/Foster Give Blood www.redcross.org/give-blood.html How you can Support your Community - https://bit.ly/2JiYYw4 NextDoor App Post your assistance to elderly or people in need…
12 Tips for Effectively Working from Home
While the world is dealing with the outbreak of COVID-19 (coronavirus), you may find yourself working remotely for the first time or working remotely more than usual. Not to worry, the 12 tips below will help you stay on track, work effectively and maintain a…
Andrea Davis – NPR Interview with Doug Wells and Alison Kuhlow
Andrea Davis, author of SimpLEASEity: A business owners guide to winning the game of commercial real estate leasing walks NPR listeners through some of her 11 steps outlined in the book that help ease this increasingly complicated process. [flat_button text="LISTEN TO THE PODCAST" title="Listen to…
The Written Lease Is Always The Ruling Document
In previous blog posts we discussed why tenant representation is important and how without it, your business could face to pay thousands of dollars. Still not convinced? Let’s take a look at one example that happens more often than not. You’ve had a great year…
Simply Own It – The American Dream: Increase your wealth with commercial real estate – The Cost of Buyer Representation
Brokers: The Nuts and Bolts Don’t be fooled! Many buyers confuse a seller’s broker for their representative. Inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They don’t and here’s why: Sellers…
Simply Own It – The American Dream: Increase your wealth with commercial real estate – Commercial Real Estate (CRE) Basics when Purchasing
Before the 11-steps of purchasing commercial real estate can happen, it’s necessary to understand a few CRE fundamentals. The key to property ownership success is twofold. Understand how CRE fundamentals fit into the larger scheme of a purchase. Recognize the importance of retaining experienced buyer…
What’s trending? Things to Look Out For in The Commercial Real Estate Industry in 2020
With 2019 behind us, the future looks bright for the commercial real estate industry in this new milestone year. Factors supporting this outlook include strong property fundamentals, resilient economic activity and new digital technologies, but what do these things mean for CRE investors? Here are…
Tips for a Smooth 1031 Exchange To Help You Save Money
If you’re thinking about selling an investment or business property, a 1031 exchange can be a great option to increase your cash flow by deferring taxes. Simply put, a 1031 exchange allows a taxpayer to sell an investment or real estate property and reinvest the…
Simply Own It – The American Dream: Increase your wealth with commercial real estate – 11 Steps to Ownership
The first portion of Simply Own It, the American Dream, examines commercial real estate basics and the attributes of a skilled buyer representation and how to qualify them. The second portion outlines the 11-step purchase process in detail as a sample buyer, like yourself, navigates…
Simply Own It – The American Dream: Increase your wealth with commercial real estate – Part 2: Ownership Pays
Ownership of a scottsdale, AZ commercial real estate property builds equity in your future; not your landlord’s. An owner reaps greater tax benefits, has an avenue to save for tomorrow and is empowered with the pride of ownership. Best of all, business owners control their…
Simply Own It – The American Dream: Increase your wealth with commercial real estate.
Scottsdale Commercial Real Estate, to buy or not to buy…that is the question. Aaron has a decision to make. His successful naturopathic business is housed in a 5,000 square foot commercial building. Aaron bought the practice from his mentor and boss who founded the business…
Subleasing Commercial Space – Is It For You?
Subleasing has upsides and downsides. To determine if a sublease is the best fit for your business, consider these questions. Is your business growing or shrinking? What size space does your business need? What is the best location for your business? How long do you…
Juggling Commercial Real Estate and Parenting – Interview with Andrea Davis
by:Jessica Abo I had the pleasure of interviewing Andrea Davis, principal of Andrea Davis CRE has over 20 years of experience in the commercial real estate market. Since then, Andrea has closed over $220M worth of transactions, totaling over 1.5M square feet. She is uniquely…
As Commercial Markets Sizzle, Landlords Score Big Returns
Read the full article: https://issuu.com/timespub/docs/san_0519/1?e=8633901/69513962
Andrea Davis’ Interview with Eric Dye – Leading Women CRE Executives in Arizona
Andrea Davis the Principal of Andrea Davis CRE that began in 1997 joins Enterprise Radio to talk about her career and aspects of commercial real estate working with landlords, tenants, sellers and buyers with office, industrial and/or retail requirements. This episode of Enterprise Radio is…
Dear Business Owner: Investment Sale – Check Your Backyard First
Dear Business Owner, (Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges can result in win-win solutions…even when the going gets tough!) The market is strong, your single tenant commercial investment has paid dividends for the past three years –…
Out of the Loop
(Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges can result in win-win solutions…even when the going gets tough!) Dear Business Owner, The commercial real estate asset purchased during the downturn is one of your best investments. A reliable tenant,…
Dear Business Owner: The Circus Stays in Town
Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges result in win-win solutions…even when the going gets tough! Dear Business Owner, Sometimes running a business is like running a three-ring circus. Relocating an established company involves assessing the current business…
Dear Business Owner – Manufacture Urgency
(Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges result in win-win solutions…even when the going gets tough!) Dear Business Owner, In the complex world of commercial real estate, location alone won’t maximize your commercial property value. Timing, demand and…
Old, yet Stellar – Insider knowledge on commercial real estate deals, behind the scene.
Dear Business Owner, Selling a commercial real estate property isn’t the same as selling a house. Unexpected obstacles tend to arise at the most inopportune time. Like the scenario described below, my experience as a commercial broker helps clients navigate through this complex transaction, one…
Sticky Business
Dear Business Owner, Commercial Real Estate transactions often have a sticky moment to navigate. The outcome depends greatly on the mindset and communication skills of all involved parties: the landlord and landlord’s broker; along with the tenant and tenant’s rep. Let’s review a recently closed…
Do I Stay, or Do I Go? – Ask a Tenant Rep
Dear Business Owner, No Pain Chiropractor’s 1,500 square foot retail lease is up for renewal. The big question for No Pain is, “Do I stay, or do I go?” Business is booming and the lease amendment details, like a higher lease rate and no tenant…
The Cost of Tenant Representation – Part 2: My Tenant Rep Costs How Much
Not hiring a Tenant Rep is the biggest mistake a small business owner makes when searching for office space. The deal negotiated directly with the Landlord will cost the Tenant over the term of the lease, no matter how savvy a business person. The Tenant…
The Cost of Tenant Representation – Part I
Inexperienced Tenants often mistake the person showing them an office suite, the Landlord’s Agent/Broker, as someone who will take care of them in their lease negotiations. They don’t and here’s why. Landlords and Tenants interest in leasing space differs greatly. The Landlord wants to make…
Part IV – SimpLEASEity – Commercial Real Estate Overview
We’re going to keep this brief... Before SimpLEASEity’s™ 11-steps of leasing can be executed, it’s necessary to understand a few commercial real estate (CRE) fundamentals. The key to Tenant success is twofold. Appreciate how CRE fundamentals fit into the larger scheme of a lease. Recognize…
Part III – SimpLEASEity
Why a Tenant Rep? A Tenant Rep is a highly trained specialist who safeguards lease exposure, manages expectations, analyses each property, and assures the negotiated lease terms are what market conditions dictate as fair. The Tenant Rep keeps you informed of industry changes, trends and…
What is SimpLEASEity?
SimpLEASEity, a guide to commercial real estate office leasing, contains confidence-building tools for the layman to utilize when seeking a new business location. It empowers Tenants to negotiate a successful lease and offers tips to identify and hire competent Tenant Representation at no cost to…
SimpLEASEity – 11 Money-Saving Office Lease Techniques Using a Commercial Real Estate Tenant Representative
“Knowledge is power, and power is $”. This adage used by most businesses is the quintessential equation for the commercial real estate industry. Introduction The commercial real estate arena peeked my interest over twenty-five years ago. I say arena because I equate the lease transaction…
Before the Office Hunt, Define Your Scottsdale Office Space – Andrea Davis CRE shares 3 time-saving tasks
When you consider new Scottsdale Office Space or elsewhere, or renewing your existing lease, take a few minutes to identify your current and future business needs. This helps Tenant Representation locate your ideal space. Remember, Tenant Representation (or tenant rep) represents your interest in the…
Need to move to a new office space? 5 money saving tips below.
A new office space requires expenditures of time, money and energy. The last thing you want to do is move again at the end of the lease term because you choose a location that didn't match your company’s future. Below are 5 simple tips to…
Listing Commissions and Related Issues
Are Commissions Negotiable? In some areas of the country there is a certain percentage that real estate agents expect to earn as a commission.This commission amount is a certain percent of the sales price.Or, some companies will charge a set fee for their services.However, just…
The Business Cycle and Buying a Home
Recession and Expansion There are times when the economy is brisk and everyone feels confident about his or her prospects for the future. As a result, they spend money. People eat out more, buy new cars, and…. …they buy new homes. Then, for one reason…
Which Real Estate Professional do you choose?
If you’re like many people, you pick Real Estate Professional number three. This is an agent who seems willing to listen to your input and work with you. This is an agent that cares about putting the most money in your pocket. This is an…
