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…

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7 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…

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10 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…

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6 Things to Consider in a Rising Interest Rate Environment

High Interest Rates

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…

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Commercial 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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