commercial leases
8 Steps to Finding Industrial and Office properties in Scottsdale, AZ
Summer Golf in Arizona (in spite of the heat!)
Scottsdale is a great location to start a new business. Some recent reports predict that the Scottsdale Airpark will be home to more than 4,000 businesses employing as many as 80,000 employees by the year 2030! Scottsdale is also known for its amazing golf courses. During the summer months (June through August), some of the most popular…
Read More7 PROS & CONS OF AI AND HOW IT CAN AFFECT THE COMMERCIAL REAL ESTATE MARKET
AI (Artificial Intelligence) is a technology that can enable computers, sensors, robots, geo-locators, etc to perform tasks to simulate human intelligence and problem solving. With AI’s help, commercial real estate agents can take advantage of this technology, however there are some negatives. Listed below are 7 Pros and Cons: PROS: CONS: Although AI is new…
Read MoreRising Interest Rates: 6 Tips to Consider when Purchasing or Leasing Commercial Real Estate
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds indicate that Interest rates are expected to continue to rise through the end of the year and potentially into the first or second quarter of 2024. They are still…
Read More10 MONEY-SAVING ENERGY SOLUTIONS in Commercial Real Estate for Tenants & Owners in Arizona
By implementing energy conservation techniques and utilizing programs offered through government entities, commercial real estate owners and tenants can save energy and money directly adding to their bottom line. Listed below are 10 energy saving ideas to start saving money in Scottsdale, Phoenix and the surrounding areas. The SRP “Our Solutions for Business Program” can…
Read More8 TIPS FOR MANAGING A COMMERCIAL REAL ESTATE PROPERTY
Listed below are 8 tips for effectively managing a commercial real estate property. Successful property management can help bring down the cost of maintaining a building and maximize revenue.
Read More5 GENERAL STEPS TO PURCHASING A BUILDING (USING SBA FINANCING)
Purchasing a new office or industrial building for your business is an exciting step in the journey of one’s company. One important consideration in purchasing a building is the process one goes through from financing to opening and closing escrow and all the steps in between. Below is a general timeline of items to be…
Read More6 Things to Consider in a Rising Interest Rate Environment
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds are raising interest rates in an effort to curtail inflation – but this quick reaction is causing worry among investors. The Feds indicate that Interest rates are expected to…
Read MoreCommercial Lease Types
The subject of commercial lease types can often be confusing. Let’s try to simplify it. There are three basic types of commercial leases. Each type centers around the base rent and the way the operating expenses are passed down to the tenant. Full-Service Lease – A full- service lease will typically include the utilities, property…
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