Commercial Real Estate 101 

Looking to Invest? Terminology 101

Are you new to Commercial Real Estate, or have you never known what any of the following terms mean? Here we give you a quick breakdown of common terminology found in the world of CRE (commercial real estate): Build Out: The construction or improvements of the interior space, including flooring, walls, finished plumbing, electrical work, etc. Capitalization Rate (Cap Rate): The value given to the property when the Net Operating Income (NOI) is divided by the current market value or sales price. A cap rate can be used as a…

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Commercial Real Estate 101 

4 Ways Multifamily Property Owners Can Keep Tenants Informed and Safe

As the COVID-19 pandemic sweeps across the nation, CRE’s multifamily sector is put in a unique position. Being the space where the home-life of residents merges with the commercial arena, multifamily communities are in a bracket in and of itself. Multifamily property owners have a responsibility to keep their tenants safe and prevent the contagion from spreading throughout the community’s population. Fortunately, there are some simple steps that property owners can take that can help bend the curve and keep your residents safe, healthy, and informed. Here are 4 highly…

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Commercial Real Estate 101 

Ten Properties with Video Tours

Looking for commercial real estate, but don’t have the time to visit the properties in person? Our agents identified 10 properties that are the highest in demand and created walk-through videos. Looking for a walk-through video of a property not identified below? Let us know! We can create a custom video for you. 383 N. Front Street, The Acock Building, Columbus, Ohio: The Acock Building is located next to Nationwide Arena in the Arena District. The building has 3,900 SF of office space available. The space has a creative style…

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Commercial Real Estate 101 

2 Reasons Why Information Technology is Changing CRE Leasing/Sales

The commercial real estate business is not what it used to be. Today, the modern CRE industry is being shaped by advances in cutting-edge technologies. While nearly all of today’s top tech innovations are making their way into the commercial real estate module, information technology is making the biggest impact. Information technology is changing the way that business gets done. It’s transforming the entire leasing and sales process and therefore the entire commercial real estate business altogether. Here’s what you need to know about information technology and why it’s having…

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Commercial Real Estate 101 

Here’s How the Smart City Has Changed in the Last Year

The Smart revolution is upon us. Smartphones, Smart Devices, Smart Houses, Smart Buildings; the list continues. We’re in a seemingly never-ending progression towards all things Smart – and the development reaches its peak capacity with Smart Cities. These tech-powered metropolitan locations represent the height of contemporary technologies. All things digital come together to create a seamless net of information, innovation, and evolution. In the last year alone, Smart Cities have undergone progress at an inconceivable rate. What was once impossible is now the norm in the globe’s biggest Smart Cities…

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Commercial Real Estate 101 

4 Things to Think About Before Your Office Lease Renews

Is it that time of year, again? Office lease renewal periods are a great time to reconsider your current terms as it provides tenants with the opportunity to think about some important points. In any commercial deal, lease renewals should be handled with winning strategies. If you’re ready to renew your office lease, make sure to consider these 4 points first: Always Read Between the Lines Tenants should never get too comfortable. Carefully reviewing the exact terms of each lease will help office tenants avoid big problems down the line.…

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Commercial Real Estate 101 

Colleges are Cashing in On Real Estate: Here’s How

We all know that real estate is a prosperous industry. Its profit-boosting powers have been catching the eyes of a new demographic. Can you guess who? If universities came to mind, then you’re right on the ball. Colleges have been heavily investing in their surrounding communities for a while, and they’ve been reaping the rewards. Universities are now playing a far more active role in their local commercial markets. Let’s take a look at how colleges are using commercial real estate to increase their profits. Expanding the Campus Grounds Today’s…

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Commercial Real Estate 101 

Investors: Pay Attention to Opportunity Zones Before the End of 2019

The clock is ticking for opportunity zone investment. Are you prepared? As 2019 comes to a close, investors will need to play their cards right regarding opportunity zones. The coming months will be vital to the development of the country’s opportunity zone program. Here’s a breakdown of what’s happening with OZs and some tips to help investors stay on their A-Game. Off to a Slow Beginning When 2019 started, investors were taking their time. There was a lot of speculation within the industry as to how opportunity zones would play…

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Commercial Real Estate 101 

6 Must-Read Books on Real Estate Investing

Investors, need to restock your CRE library? Whether you’re looking to get expert advice, learn something from the pros, or pick up a few new strategies; investors can’t go wrong with a great read. Here’s a list of the 6 best books on real estate investing: 1. Mastering the Art of Commercial Real Estate: How to Successfully Build Wealth and Grow Passive Income from Your Rental Properties by Doug Marshall In his popular book, Doug Marshall masterfully outlines the commercial investment process. Marshall shows readers the ropes and even shares…

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Commercial Real Estate 101 

Is Your Business Ready to Own its Real Estate?

While there is a huge, growing trend toward being able to work remotely, it comes as no surprise that the majority of businesses today still operate out of some form of commercial space, whether that be a factory, office, or retail storefront (or some combination of these). If you are in the market to launch a new business, or even if you are just thinking of expanding or altering your existing business, one of the first steps you will need to take is in deciding how to finance your commercial…

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