If you’ve spent any time listening to people discuss commercial real estate, you’ve heard of Class A Office space, Class B, or Class C. Each Class denotes a very specific type of property that could have quite an impact upon quality and pricing. Let’s talk about what each different class of building means.
Nationally, we’re experiencing strong consumption, despite sluggish income growth. After all, it’s much easier to consume products nowadays thanks to Amazon and online retail.
Leasing commercial real estate isn’t easy. And businesses who don’t follow the process correctly will likely fail.
Unfortunately, we see it too often.
You could have the best products and services. You could even have an A+ location.
But if you missed one seemingly minor detail throughout the process, it could cost you.
Here are the 8 steps to leasing commercial real estate.
Business owners these days don’t care to have an oversized corner office sheltered from their team.They want to be in the trenches, working side-by-side with employees. And the open floorplan is no longer the solution.
Each year, the Nashville Area Chamber of Commerce leads a local coalition that tracks the key issues impacting the greater Nashville region and provides feedback / solutions with which we might address them. The Chamber’s “Vital Signs” report, which highlights the regional data collected and forecasts future regional challenges, is released to the public each October.
So, how will these issues impact Nashville’s real estate and business environment?
Are you looking to start a new profession? Are you a residential real estate agent looking for a change? Even if you just love the idea of investing in property and helping others find the right place to locate their business, a career in commercial real estate might be just what you’re looking for. But before you make any spur of the moment decisions, there are some things you should consider.
When people think about investments, they usually think of stocks and bonds. However, do you want to make an investment that can have long-term dividends? If so, you may want to consider investing in commercial real estate instead.
Update: We've launched a video series called the Small Business Owner's Guide to Leasing Commercial Real Estate which you can view here. You can also check out our Commercial Leasing Tips page for tips on leasing that we hear most often. Are you looking to purchase or lease real estate to build or relocate your current business? If so, you probably have questions you’d like answered. However, you may not even know which questions to ask! Read on to find some of the most frequently asked questions and answers when it comes to commercial real estate.