New Market for Commercial Real Estate

There is a new and challenging niche in the commercial real estate market…space for marijuana related businesses.    The legalization of marijuana for both medicinal and recreation use is leading many businesses to seek out commercial real estate services to help locate and secure property.  However, it is very challenging to find the appropriate commercial space…

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THREE TYPES OF LEASES

The subject of 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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11 Fun things to Do in Arizona During a Pandemic

Commercial Real Estate is my passion and my career for over 20 years. I love what I do and look forward to finding new real estate opportunities every day.  However, I also like to get out and have some fun. This is a bit more challenging with Covid. Here are 11 things I like to…

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Challenging Time for Landlords

7835 E Redfield - for LEASE

It can be really challenging to be a Landlord in these trying times.  Covid 19 has affected the real estate market in several ways.  Listed below are 5 challenges a Landlord faces in leasing office space. Increased Default – tenants cannot financially afford to pay their rent. Many are faced with the idea of closing…

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6 Benefits of Flex Buildings for Commercial Real Estate

What is flex space? Flex space is a term used for lightly zoned buildings. It is also used when referring to industrial or office space.  According to CoStar, it is “a type of building designed to be versatile, which may be used in combination with office (corporate headquarters), research and development, quasi-retail sales, and including but not…

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6 Advantages to a Sale Leaseback for Seller & Buyer

A sale lease back occurs when a property owner sells property to an investor while agreeing to lease back the property for a mutually acceptable rental rate and term. Seller Advantages: To stay in current location and avoid cost of relocating. Free up cash to put into business, business acquisitions, working capital or into seller’s…

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Wire Fraud in Real Estate- 5 Tips to Protect Yourself

Cyber thieves have entered into the Real Estate world and you need to protect yourself! Money transfer schemes are sophisticated and buyers and sellers are their targets. In 2017, according to the FBI, there were more than 9,600 victims in the real estate sector with over $56 million in losses. Below are some important tips: Consider…

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