Even though snow has returned, now is the time to look forward to spring and summer as an ideal time to list your property to potential tenants or buyers. Listing commercial real estateduring the spring season can have several advantages for property owners and sellers. Hereare some reasons why spring is considered a favorable time for listing commercial real estate: Better Weather: Spring...
Commercial Real Estate
Interest rates are affecting current and future real estate deals. Here are tips to help real estate investors and developers navigate this challenging market. The global economy has been greatly impacted by volatile interest rates. Record-high inflation has taken its toll on businesses and consumers worldwide and to combat these extreme circumstances, central banks have swiftly tightened their...
In the past several years there has been unprecedented demand for industrial and warehouse space in the Twin Cities real estate market. With lower land and labor costs and strong growth in areas surrounding urban centers, there has also been movement on the part of industry the past couple decades to relocate from cities to the suburbs. The result has been the establishment of industrial and office parks....
The Professional Approach to Lease Renewals No matter what current vacancy factors are in any area, tenants feel they can and should negotiate with the landlord whether they occupy an apartment building, office building or commercial center. With vacancies high in many rental markets, the tenant will certainly be aware of all the possible terms for a lease renewal. If the owner or manager of the...
A lease is an important part of many real estate investments. It should outline all the obligations of the tenant and of the landlord. This sounds simple, but many questions can arise. If property taxes increase does the tenant pay all of the increase or only part of it? If the property must be updated who pays for the improvement? Can the tenant be moved out during the renovation? If the costs of...
One of the looming questions real estate investors are facing during the Covid-19 pandemic is what the effect will be on the demand for office space. How long will the remote working trend continue after the pandemic ends? What effect will this trend have on the demand for office space? There are many financial and psychological considerations to the question of if lower density requirements and employees...
Around 25% to 35% of the value of commercial properties are single-tenant properties (STPs). This large percentage means that large investors such as pension funds, as well as smaller investment groups must consider this type of investment. There are many uses ranging from office to industrial to retail. They can include office buildings, warehouses, department stores, supermarkets and other retail use....
As the COVID-19 pandemic continues, landlords are receiving requests from distressed tenants for rent relief and, in some cases, lease termination. With government restrictions on industries such as restaurants, retail and salons, tenants that have temporarily shut down operations could be seeking rent relief from their landlords. While a lease workout may be beneficial for both landlords and tenants,...
With the start of the new year you may be asking yourself which way is the right way in real estate investments in 2020. What is the future in these investments? An answer to these questions can be an interview with an interested professional real estate broker who can act as a real estate investment counselor. Each prospective investor can be interviewed in depth to find out specific needs in an income...