The Hidden Risks of Directly Leasing Commercial Space from Property Owners
When it comes to finding the perfect commercial space for your business in the bustling US real estate market, the allure of "cutting out the middleman" and dealing directly with property owners can be tempting. The prospect of potentially lower costs and straightforward negotiations may seem appealing at first glance. However, this route is fraught with hidden risks that can end up costing you more in the long run. Here's why savvy business owners are turning to Tenant Buyer Representatives (TBRs)...
Read More
10 Types of Commercial Real Estate Properties
There are ten types of commercial real estate properties:Industrial: Properties that are used for manufacturing, warehousing, and distribution. They can include factories, warehouses, and distribution centers.Retail: Properties that are used for selling goods and services to consumers. They can include shopping centers, malls, and standalone stores.Office: Properties that are used for conducting business activities. They can include office buildings, business parks, and coworking spaces.Medical:...
Read More
Choosing between a Tenant Broker, Listing Service or Listing Broker: Pros and Cons
Navigating the Complex World of Commercial Real Estate: A Guide to Tenant Brokers, Listing Services, and Listing BrokersSecuring the ideal commercial property for your business demands careful consideration of numerous factors, including budget, timeline, expertise, and objectives. A pivotal decision in this process is choosing the right assistance—whether to engage a tenant broker, utilise a listing service, or connect with a listing broker. Each option offers unique benefits tailored to different...
Read More
6 Key Factors to Consider When Leasing or Renting Warehouse Space
1. Assess Your Business's Warehouse NeedsBefore embarking on the journey to lease warehouse space, it's crucial to understand your business's specific requirements. Different types of warehouse spaces cater to various needs, and each local market offers unique opportunities. Making the wrong decision in leasing warehouse space can lead to substantial financial loss. Therefore, accurately identifying the size, location, and features your operation needs is the first step towards a successful lease.2....
Read More