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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Out of the Loop

ROI commercial Property scottsdale sale

(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

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Need to move to a new office space? 5 money saving tips below.

scottsdale office space

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 assurance the right decisions are made upfront. Tip One – Strategic Economics As a company, use strategic goals already defined. Before you consider hiring tenant representation (tenant rep) and searching for office space, jot down your real estate goals based on your business plan. Example one: If your focus is to enhance efficiency and reducing

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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 like anything else in real estate, this amount is negotiable.When completing the listing agreement, you and your agent will agree on the amount of the real estate commission. Cut-Rate Listing Commissions With the advent of the web, a lot of agents are offering “cut-rate” commissions. Most of the time, lower commissions are tied to a

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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 agent that is willing to start out at your price and if you need to drop the price later, you can do that easily, right? After all, everyone else does it! The truth is that you may have just met an agent engaging in a questionable sales practice called “buying a listing.” He “bought” the listing by

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