Summary of Commercial Real Estate Feasibility Period

When purchasing a commercial property, there is usually a feasibility period (due diligence period) that allows the Buyer to inspect all aspects of the property. The feasibility period usually begins after the opening of escrow. During the Feasibility period, the Seller has a certain number of days to deliver the property information to the Buyer…

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Top 4 Commercial Real Estate Changes in Scottsdale, Arizona

There are many positive things on the horizon for Arizona.  Many of the Covid-19 restrictions have been lifted and large numbers of people have been vaccinated. After years of the pandemic, businesses have a new confidence.  They are considering bringing back their employees and looking at long-term office leasing again.  Things are looking up on…

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Scottsdale Arizona – 5 Holiday Experiences 2021/2022

Scottsdale, AZ – a Great Place to Do Business…A Great Place for Family Fun! Scottsdale, AZ is a city that celebrates passion in all its forms. In the upcoming winter months and during the holiday season, Scottsdale will be the home to many wonderful events including: The Scottsdale Princess – Enjoy S’mores Land, Ice skating…

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7 Reasons driving the Arizona Commercial Real Estate Market

The Phoenix/Scottsdale area real estate market is thriving. Although Covid-19 has seen the loss of numerous small businesses, there are those businesses that continue to do well and even expand. When businesses fail, there is a high demand for the empty spaces. According to Costar, as of October 27, 2021 industrial vacancy rates in the…

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3 Important Commercial Real Estate Documents

DEED vs NOTE vs DEED OF TRUST When purchasing property, it is important to know the different documents that a buyer will be signing at the closing table. Listed below are 3 important documents that a buyer of commercial property should be aware of: DEED – A deed is a legal document that transfers the…

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Barrett Jackson – 7 Reasons it is Scottsdale’s #1 Auto Event

The world’s greatest classic car auction is held every year right here in Scottsdale! Barrett-Jackson Auction Company has been holding auctions for more than 50 years! The live auctions house some the most sought-after classic cars and vehicles from the top American automakers.  The auction is also televised nationally and internationally with an audience of…

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Office & Industrial Vacancy in the Scottsdale Airpark

According to Market Trend report from Costar, the Scottsdale office market ended the first quarter with a vacancy rate of 17.4% which increased since before the Pandemic. The average rental rate is $29.10 SF.  This is a good time to negotiate better deals for either renewing your lease or finding a new location. Landlords want…

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