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 a few things you can do to increase your chances of closing the deal. Here are a few suggestions. Know the Area Prices vary based on location, improvements, updates, and lot sizes. Familiarize yourself with price trends in the area you’re looking to buy in. This prepares you in advance for what to expect from

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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% to nearly 8% in just the last year, the largest inflationary jump the U.S. has seen since 1982. Fortunately, for those invested in commercial real estate assets, inflation can actually be a good thing. Here’s why. While inflation can hurt intangible investments, it can provide a unique hedge for well-diversified investors. Property owners often raise

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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 a jump start on the process, they do not replace the expertise of a top-notch buyer rep who knows local market standards, can hone your property parameters, and help manage the search process. Experienced buyer reps understand your market. They’ll advocate on your behalf throughout negotiations and help you navigate a beneficial property purchase for

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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 hire a commercial broker that best suits your needs. 1. The Interview No matter how long you’ve owned the property you’re selling, you’re putting a lot of trust in a broker to make sure they sell the property for its full current value. To evaluate which broker is right for the job, interview several brokers

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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 yet outdated 2,050 square foot tri-plex office condo built in the 1980’s and immediately saw potential for what I believe will be the coolest office ever. Moral of the story? Stay open-minded and consider all possibilities.  It’s normal for you to have a wish list for your dream property. You may even have an idea

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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 to tango and certain decisions can delay the process. Keep these key points in mind when purchasing commercial property. Hire a Commercial Real Estate Broker Purchasing commercial property can be a long and difficult process if you don’t work with an experienced broker. Using industry knowledge, experience, and references, a commercial broker can help you

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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 help determine if purchasing a building versus leasing is the right decision for you. Consider these five points before buying commercial property. What is your long-term plan? Making a long-term investment in a building is something not to be taken lightly. A plan helps focus your efforts on what’s the best choice for your company.

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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 wild upward swing from the U.S industrial market with no signs of slowing down. In Phoenix alone, nearly 2.8 million SF of new inventory was added in the first quarter of the year, according to recent report from JLL. Furthermore, more than 10 million SF of product is currently underway in the Valley with more

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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 your needs. Here’s a look at both options to help guide you during this important decision. Advantages to Leasing Commercial Property No Down Payment While you may have to put down a security deposit when leasing property, it will be a smaller total cost than a down payment. For reference, when purchasing a property with

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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 changes often come out of nowhere like COVID-19 and each market can be affected differently. Currently large markets like NYC, LA, Chicago and San Francisco are struggling to manage large vacancies while states like Arizona, Florida, Tennessee and Texas are challenged with unparalleled migration of population and businesses. An experienced broker who has lived through

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