Commercial Real Estate Education Archives - Page 5 of 6 - Davis Commercial AZ

Dear Business Owner: Investment Sale – Check Your Backyard First

dwight getting On March 6, 2019 / Commercial Real Estate Education, Dear Business Owner

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 – good dividends. The quaint free-standing building, home of a medical practitioner for over 20 years, is nestled in a trendy residential community. The doctor’s seven year lease has four years remaining. The tenant pays rent on time and is fully responsible to maintain the property, physically and financially. Every month the check is deposited directly

Out of the Loop

dwight getting On January 18, 2019 / Commercial Real Estate Education, Commercial Real Estate Tenant Representative, Dear Business Owner, Selling Commercial Real Estate

(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, initially produced a healthy, cash on cash, 9 percent annual return on your investment and now it yields a 10.5 percent annual return. Score! Every month there is an automatic deposit into your bank account. The tenant’s lobby is always packed. The office manager shared that this is their top grossing location in Phoenix. After

Dear Business Owner: The Circus Stays in Town

dwight getting On November 29, 2018 / Commercial Real Estate Education, Commercial Real Estate Tenant Representative, Dear Business Owner

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 strategies while defining the company’s future. Such is the case for The Circus School that teaches all age kids, circ du sole like acrobatics. Buried in the middle of a light industrial park, The Circus School has limited visibility and is difficult to find. Their unique program draws a crowd, but they also use target

Dear Business Owner – Manufacture Urgency

dwight getting On October 23, 2018 / Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Dear Business Owner

(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 generating urgency are equally important. A commercial property in a strong location, sold in a down market will probably loose money. Yet if there is demand, and urgency is created through marketing, the seller will capitalize on their profit. That same property sold when market conditions are favorable, will turn a profit and maybe even

Old, yet Stellar – Insider knowledge on commercial real estate deals, behind the scene.

dwight getting On October 9, 2018 / Commercial Real Estate Education, Dear Business Owner

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 hurdle at a time. At seventy-two, Frank wants to retire. He’s not sure what to do with the retail building he owns that was home to his successful music company of thirty years. So, how can we make that happen? The Property Frank’s invites me to tour his immaculate one-story retail building, built in the

Sticky Business

dwight getting On September 11, 2018 / Commercial Real Estate Education, Dear Business Owner

warehouse commercial real estate transaction

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 warehouse lease transaction to understand how the tenant justified paying rent at two locations and a reluctant business partner. The Set Up ISD’s CEO is on the other end of the phoneline and shares his company’s overnight success. “Andrea,” he says, “You know that government contract we’ve talked about for so long? It’s finally signed.

Do I Stay, or Do I Go? – Ask a Tenant Rep

dwight getting On August 28, 2018 / Commercial Real Estate Education, Commercial Real Estate Tenant Representative, Dear Business Owner

Tenant Rep negates on behalf of the tenant

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 improvements, had been pushed to the back burner until the last minute. By then No Pain Chiropractor was in a corner. Sam, the business owner had two choices: sign the amendment or try to relocate in two weeks. Sam weighs his options. Overwhelmed by the process, he signs the renewal instead of the risk of

The Cost of Tenant Representation – Part 2: My Tenant Rep Costs How Much

dwight getting On August 14, 2018 / Commercial Real Estate Education, In the News

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 just doesn’t know what they don’t know. You might have these questions: Isn’t leasing office space a DIY? Why pay for something I can read up on and do myself? If I hire a Tenant Rep, how much do they cost? No Tenant Rep Example iWeb, a web based company, had the perfect office in

The Cost of Tenant Representation – Part I

dwight getting On June 28, 2018 / Commercial Real Estate Education, Commercial Real Estate Tenant Representative

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 money and the Tenant wants to save money. This juxtaposed position makes it impossible for one Broker to honestly and fairly represent both sides of a lease transaction. A Landlord’s Broker has a fiduciary duty to the Landlord; a built-in conflict of interest. When a Landlord’s Broker suggests they can represent you, the Tenant, fairly,

Part IV – SimpLEASEity – Commercial Real Estate Overview

dwight getting On May 24, 2018 / Commercial Real Estate Education, Commercial Real Estate Investments, Commercial Real Estate Tenant Representative, SimpLEASity

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 the importance of retaining experienced Tenant Representation to save money on your new lease or renewal. CRE is BIG business. This powerful industry dominates world affairs and it fuels our economy. CRE is built on long standing relationships with BIG money behind it. From the beginning of time, landowners have held the power. As a

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