McBride and Ceballos
Renting the right commercial building is a very personal decision. You want everything about the property you select to be just right. After all, the needs of your company vary from the requirements of another. Moving into the first building you see may not be the best choice. Instead of settling for second-best, follow these …
In part 1 of this article, we considered the location and general questions you want to answer before looking at your first commercial property. In this part, we look at the questions to ask about the actual space configuration requirements needed to run your business. You want to strike the right balance. You’ll need enough …
Before you look at your first property or make an appointment to tour or make your first lease proposal, you have to start at the beginning. You have to define your requirements. There are a number of important questions to ask to accurately define your requirements. As brokers, there are a number of questions we …
Sellers often wonder if their commercial listing broker is actually doing anything to sell their property. Usually, this question begins to gnaw at them once the initial flurry of listing activity is over, and some time has passed where they have yet to see any sign of progress. If you find yourself in this situation, …
I’ve heard there are more millionaires made selling cardboard than Cadillacs. Writing about due diligence made me think of that because it’s pretty boring, but it’s where all of the profits are. Done well, due diligence will make a good deal, great. On the other hand, if done poorly, it’ll cost you a fortune and …
Every piece of real estate is different, as is every portfolio and investor. At some point bringing on a commercial property management company makes sense. So, if you own commercial real estate, a good property manager is going to take a lot of things off your plate. Also, they will give you “fresh eyes” to …
A vacancy that drags on can take years to recover from. But when the only prospects showing interest have little experience, poor financing, or unproven business concepts, it’s tempting to take what you can get. Considering Keeping the Vacancy Do you consider the tenant or do you keep the vacancy? It is often said that …
Many of our tenant clients confess to us that they have wondered if they should buy or lease commercial real estate. It’s a common question you hear brokers often ask. “Why lease when you can own”, they ask? This is not a bad question. It’s just an oversimplification. It’s not apples to apples. Let’s take a …
Poorly positioned properties never really have a chance against the competition. So, you want to do everything you can to have the best shot at the market. Whether it’s a retail, office, or industrial, the basics of getting your commercial property ready to sell are the same. Get Ready for the Market Often commercial properties …
Location can make or break your business. So, you might be asking “what type of location is best for your business?” Most importantly, the key to picking a profitable location is determining the factors that will increase customer volume for your business. So, ask yourself questions such as these. Are customers going to come on …
