Commercial Real Estate leasing is a complex process, and even the smallest oversight can turn into a costly mistake for your business. Here are the five most common mistakes to avoid when signing your CRE lease.   Mistake #1: Only Focusing on Price When it comes to leasing in commercial real estate, a low price tag can often be a powerful attractor. However, it’s crucial to remember that a favorable leasing price is just one piece of a larger puzzle. Focusing solely on the cost and ignoring other vital factors can prove detrimental to your business in the long run. While an attractive le ..read more

Commercial real estate is a popular investment choice. It offers potential for significant returns and financial growth. Yet, many investors overlook a key advantage. This advantage is the array of tax benefits available. Understanding these tax benefits is crucial. It can greatly enhance the profitability of your investment. In this article, we delve into commercial real estate tax benefits. We aim to provide a comprehensive guide on this topic. From depreciation to 1031 exchanges, we cover it all. We also explore how to leverage these benefits to maximize your returns. Whether you’re a seas ..read more

This blog of Roxy’s Adventures in Commercial Real Estate will highlight a few retail commercial real estate deals and industry observations I have experienced during the first quarter of 2024. Mexican Restaurant in North Orange County Let’s start in North Orange County with an approximate 2,616 SF restaurant space. Resulting of my diligent leasing efforts, this space was leased at asking rent. Additionally, the deal included the tenant paying a percentage rent. A strategy I used for this deal, which I like to implement whenever possible, has to do with stacking showings.  I never make t ..read more

Opportunities Abound as the Market Continues to Evolve for Tenants and Investors LBA Logistics’ 165,850 SF Warehouse Under Construction in Anaheim, CA Leased to Sunrise Produce   May 2024 | J.C. Casillas, Managing Director, Research and Public Relations at NAI Capital Commercial   MARKET OVERVIEW Orange County’s industrial market is experiencing a notable shift away from the previously high demand for warehouse space, resulting in an increasing amount of vacant excess space entering the market. Sublease space has witnessed a significant 107% increase compared to the previous quarte ..read more

Occupants of commercial real estate, also referred to as users or occupiers fall into two categories – tenants or owners. To draw a finer distinction – both are tenants – however one genre pays rent to an unrelated third party, a landlord and the other pays rent to a related owner of the building. Most common in the second type, is a real estate ownership structured as a limited liability company, LLC, and the occupier a corporation.    Today, I want to focus upon some common mistakes I witness occupants make in their commercial real estate decisions.    No agreements.&n ..read more

FOR IMMEDIATE RELEASE Contact: Linda Day Harrison theBrokerList 312-671-2400 Linda@theBrokerList.com Drink Sponsors: CRE8Advisors Coldwell Banker Commercial Daniel Herrold of Northmarq Buildout CIAdvisors Resimplifi CRE Recruiting NNN Income/Chris Hatch CREi Events MotivationCheck Hosts: Quiet Valor and theBrokerList LAS VEGAS (May 6, 2024) — Let’s Get Social Meetup, the premier networking event for commercial real estate influencers on social media, is excited to announce its Hosts and Drink sponsors for its 2024 gathering. Those with the badge credential will be invited to an open bar along ..read more

I have always found that the Marcus & Millichap (NYSE: MMI) quarterly and annual SEC reports are very informative and, in my opinion, present the purest form of data about the investment sales brokerage business. Reading these reports helps me understand information like average deal size, transactions per broker, expense ratios and similar data that is especially useful to me in my role as President of Progressive Real Estate Partners. In the 4th quarter and year end 2023 earnings call that came out on February 16, 2024, one sentence in particular struck me, “The company’s financing exp ..read more

Navigating Complex Real Estate Sales: The Finem Group’s Success on Washington Road Introduction: The Finem Group recently undertook a challenging yet rewarding project, facility Freddy’s Frozen Custards first location in Augusta, GA. We were tasked with assisting a retail developer in the strategic sale of a property located behind the new 7-Brew Coffee on Washington Road. This complex assignment involved subdividing the property and navigating various obstacles, including easements and nearby redevelopment. The Challenge: Our objective was clear but far from simple: sell the rear pad of a k ..read more

Las Vegas Retail Market Report First Quarter 2024 Inventory Total retail inventory in the Las Vegas market area amounted to 122,626,881 square feet, up 498,453 square feet from one year ago. There are currently 1,194,097 square feet under construction. Sale ActivityIn the first quarter, 38 retail transactions closed with a total sales volume of $144,710,310. The 38 buildings totaled 506,252 square feet and the average price per square foot equated to $270.78 per square foot. The average Cap Rate was 6.0% Tallying all retail building sales. Mark of a Market One of the largest transactions (excl ..read more

Every commercial lease is challenging, but office leases are particularly complex. It’s crucial to have a seasoned broker guiding you every step of the way, but you, the tenant, should know what to expect. There are many different types of office properties: Traditional, Creative, Co-working, Executive, Medical and Flex. There are also three main categories that classify office space based on their condition, location and amenities, Class A, Class B, and Class C.  Class A commercial properties are the fancy office buildings you see in the city. They are the skyscrapers with underground ..read more