More so now than ever before, investors are buying multifamily housing. If you are considering making the jump into this lucrative market there are several key factors you need to know about. Particularly, differentiating a commercial property from a residential property. To make it simple, a property with four or less dwellings (units) is a […]
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You have made it through negotiating terms and have executed the lease. After several weeks the build out has finally been completed. Several days later, you pull up to the parking lot of the 10 story office building in the perfect location and you notice, your company’s name isn’t on the monument sign. But why?? […]
The measurement of office space square footage for rent purposes is a highly misunderstood concept to all. Most tenants are paying for space they do not “occupy” such as common areas in the building that clients, customers, or employees… would need to travel through to get to an office or suite in the building. Useable […]
In a legal proceeding, you would never hire the same attorney or law firm your opponent had retained. And if you were being audited by the IRS, more than likely you would have your accountant represent you. In both cases, you would hire experts to ensure your interests are well protected. Yet in commercial real […]
I’m glad you asked. Commercial real estate tenant representatives are licensed real estate professionals who perform site searches, narrow choices to review, suggest landlord concession approaches, negotiate letter of intent offers with landlords, limit occupancy costs, suggest business points to discuss during lease negotiations, and invite competing sites for a bidding contest if necessary. Although […]
In Colorado, landlord brokers generally do a great job representing landlords. That’s what they’re paid to do, and it isn’t easy. But you shouldn’t be surprised to find that the advice landlord brokers are accustomed to offer doesn’t serve your interests. Here are the eight worst kinds of advice you’re likely to hear from a […]
The Nesbitt Group finds the following article/excerpt from Urban Land very promising for the Denver commercial office real estate market. Excerpt from Urban Land, Opinion Office, “Leaders and Laggards” by John F. Sikaitis, July/August 2010: “Development aligned with specific tenant demand and improving sectors – particularly the energy, education, medicine, federal government, and biotechnology sectors […]
Sometimes I wish finding commercial real estate property could be made as easy as finding a home. Generally, in the residential world, all available properties are placed into a local metropolitan listing service (MLS). Residential agents maintain the MLS system, and frequently make it available to the general public. As a result, anyone with a […]
As a tenant in a building you may think it’s a good idea to negotiate your own commercial real estate lease directly with the landlord. You may even recognize the landlord’s broker faces a conflict of interest when he claims to serve both the landlord and tenant at the same time. You’re probably thinking, you […]
