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. We are grateful for our exceptional clients who put their trust in us throughout the year. Thank you for entrusting us to be by your side during this wild 2020 ride! Thank you for believing in a silver lining despite the odds. Confident a stellar year would ensue, the first quarter of 2020 started with
Read more →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 a commercial real estate investor, potential economic conditions must be considered before buying single-tenant and multi-tenant properties. A financial savings plan or “rainy-day fund” can provide an extra security blanket that can help you through tough times or support your growth when the time is right. Here are a few reasons why single tenant and
Read more →Beautifully Decorated Scottsdale Office Condo FOR SALE: $275 SqFt 9316 E. Raintree Dr. Suite 130, Scottsdale, AZ 85260 Plug & Play Scottsdale +/- 1233 SF move in ready Office Condo for sale. Decorated in earth tones with custom art work depicting the Tree of Life. This well laid out office consists of a reception area, 4 offices, restroom and kitchen. The office condo is situated in the South West corner of the building. In a quiet multi building commercial development. Three of the offices have large windows and lots of natural light. Just off the 101 and Raintree close to shops, restaurants and services. DOWNLOAD PROPERTY
Read more →FOR LEASE: +/- 4,994 SqFt Design Your Own Medical Space in Buckeye Lease Rate: $30 NNN 23390 W. Yuma Road, Buckeye AZ DOWNLOAD PROPERTY BROCHURE Brand new medical shell space in Buckeye, design your space from the ground up. Approximately 4,994 SF. Located right next door to a new state of the art ASC, Buckeye Surgery Center. Just off the I-10. Block time use is available at the surgery center. Buckeye is one of the fastest growing cities in the nation, according to the US Census Bureau. With tremendous growth in residential, retail and commercial it has incredible opportunities and
Read more →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 interested in commercial real estate investment, read on for investment mistakes to avoid and tips to “win” the game of commercial real estate. Many investors struggle with the real estate due diligence process. While it may seem overwhelming and you may not know where to start, an experienced buyer representative and commercial real estate attorney
Read more →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 market for close to the asking rate. As many 1031 exchange investors chase after potentially scarce properties in the marketplace, they may find themselves running into trouble finding replacement properties. To help you win your property bid when you need to replace funds for your 1031 exchange, I’ve complied some helpful negotiation tips that will
Read more →Move in Ready Scottsdale Medical Office FOR LEASE: $21 per SqFt Modified Gross (+/-2,800 SqFt) 2899 N. 87th Street, Scottsdale, AZ 85257 Move in ready premier Scottsdale Medical Office space. Freshly painted and bright, located on the corner of 87th St. and Thomas Rd just West of Loop 101. Easy access from Loop 101, Thomas Rd. or Pima Road. Transit stop on the East side of the building off Pima Rd and on Thomas Road. Nine treatment rooms, large waiting room wired with wall mounted TV and security system. Keypad entry storage room, breakroom with dishwasher and two large restrooms with
Read more →Beautiful Move in Ready Paradise Valley Office FOR SALE: $444,125 ($275 SqFt) 11110 N. Tatum Blvd, Suite 103, Phoenix, AZ 85028 Located just north of the northwest corner of Tatum Blvd and Shea Blvd, a state-of-the-art office is close to amenities galore. The office condo project is within walking distance to restaurants, retail and other businesses. It is one mile south of Paradise Valley Mall. Warm and peaceful feel to the office. Check in desk has a sliding glass check-in window. A restroom in the patient waiting area and another one in the main office. A main entrance for clients and
Read more →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 & how she brings a full comprehensive service, saving her clients 10-20% in lease negotiations.
Read more →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. Included below are a few tips to help guide you: Know What Asset Class You Want to Play In There are a variety of asset types in commercial real estate and most can be classified into four main sectors: industrial, retail, office or multifamily. Each sector is different in its own way and its crucial
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