Office Space: When to Buy vs When to Lease When it comes to acquiring office space for your business, one of the fundamental decisions you’ll face is whether to buy or lease. Both options come with their own set of advantages and considerations, making it crucial for you to understand the factors that influence this …
Leasing commercial space can be an exciting step for businesses looking to establish a physical presence or expand their operations. Whether you’re a startup, or an existing business looking to relocate, leasing commercial space offers numerous benefits such as flexibility, cost-effectiveness, and access to prime locations. However, before you sign that lease agreement, it’s crucial …
Leasing commercial real estate is an attractive option for businesses and individuals that are looking for lower upfront costs, but lessees must be aware of the various lease types and their benefits. Leases go beyond monthly rent payments, and can include additional expenses such as property taxes, property insurance, and certain maintenance costs. It’s important …
Commercial real estate companies cover a wide range of services related to commercial property ownership and management. Services include tenant representation, landlord representation, buyer representation, seller representation, property management, commercial lending, and CRE development. These varying services are important because they provide a range of options that can meet the needs of all types of …
Established in 1987, the Saguaros is a philanthropic and social club dedicated to supporting local Arizona non-profit organizations. The club takes great pride in giving back to the community and making a positive impact on children’s charities through their three main fundraising events: NiteFlite, Brokers for Kids, and Agents Benefiting Children. Brokers for Kids, an …
Cap Rate (Capitalization Rate) is one of many real estate metrics used to measure the rate of return on a real estate investment property. It is calculated by dividing the first year’s NOI (Net Operations Income) of the property by the Current Market Value of the property. Cap Rate = NOI (Net Operations Income) / …
What is Commercial Property Management? Commercial property management is the process of leasing, operating, and maintaining commercial real estate on behalf of an owner or investor. Similar to residential property management, commercial property management encapsulates the tasks and responsibilities of operating an income producing property. What Does a Commercial Property Manager Do? The primary role …
We are frequently asked about the benefits of using the services of a Commercial Broker versus working unrepresented in your commercial needs. In this blog we want to share some of the many benefits of using a Broker whether you are looking to buy, sell, or lease commercial real estate. We will cover the top …
There are many pros & cons of buying a commercial real estate building. With many factors to consider when making the decision whether to buy a commercial building or not. Below is a brief outline of some pros and cons when it comes to buying a CRE building. The Top Five Reasons to Buy a …
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One of the more commonly asked questions we hear is “should I lease or should I buy?” There are many factors when it comes to making the lease vs. buy commercial real estate decision. Below is a brief outline of several pros and cons when it comes to leasing and buying. The top five reasons …
What is Commercial Real Estate? Commercial Real Estate is an industry that specifically focuses on business-related workspaces, as opposed to living spaces. These spaces are primarily used as a workplace or to create revenue flow for the owner of the property. Thus, it is also seen as a popular investment choice because it carries the …
While sectors of Arizona’s economy have suffered financial losses during the pandemic, the state is faring better than much of the nation, according to a leading economist. If Arizonans can stay masked, socially distanced and sanitized, it has a good chance for full recovery as soon as mid 2021, said the state’s heavyweight economic forecaster, …
Here’s Why Arizona’s Economy Will Bounce Back Faster than Nation Read More »
Pop-up retail concepts are arriving in Phoenix—and the trend says a lot both about the evolution of Phoenix and the pop-up trend. Pop-up shops have become popular and even accepted by retail owners and lenders in primary markets like Los Angeles and San Francisco, but this is early trend in a secondary market, like …
Do you own commercial property? Here’s how you can improve your cash flow using cost segregation (CS). What is Cost Segregation? Cost segregation is a tax savings tool that allows companies to identify and qualify assets for accelerated depreciation. How Does it Work? Accelerated depreciation allows a company to reclassify assets. When you accelerate the …
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A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.
A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.
A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
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