In this issue

• Industrial Property Investments

If you haven’t considered industrial properties as an investment vehicle, it may be time to take a look. Warehouse and distribution (W&D) properties are of interest because their standard layout suits a wide range of users, in contrast to specialized manufacturing facilities. Industrial properties look good for the following reasons:....(more)

• Relocating An Existing Tenant

A landlord’s standard lease usually contains a clause requiring a tenant to move to another space in a commercial building or shopping center. A new tenant that is negotiating for space in the building might be surprised to see the clause before signing the lease, wondering about the reasons for it. The owner or manager will seldom require any tenant to move to another space because it can be expensive for both the owner and the tenant. The clause must be in the lease, however, as the owner has to be able to manage space efficiently......(more)

• Important Changes In The Workplace

Working from home is now becoming a trend. The growing popularity is remaking how we work, the tools we use for that work, how we communicate at work, and even the hours we work. A major benefit to the employer is being able to downsize on square footage of space for the company. A major benefit to the worker is that they can buy a home or condominium outside of the business area in a suburb or at an ocean resort with the great locations that they desire and not have to think about what the daily commute will be.......(more)

• The Future Of Commercial Investments

Which way is the right way in real estate investments in 2024? What is the future in these investments? An answer to these questions can be an interview with an interested professional real estate broker who can act as a real estate investment counselor. Each prospective investor can be interviewed in depth to find out specific needs in an income property. At the same time their needs are being evaluated, the broker will also communicate what benefits are available in various properties and how to identify them......(more)

• Building Standards For Any Tenant Improvements

A building owner wants to be sure that improvements made by or for a tenant be of equal quality to the building itself. That’s because tenant improvements, upon completion, become a permanent part of the building. The goal is to establish building standards that will permit a suite of office space to be fully developed to a tenant’s specifications with no extras involved, while also ensuring that the improvements are of satisfactory quality, commensurate with the improvements in other tenants’ space and with the building itself.......(more)

• Your Commercial Real Estate Broker

How can I be of service to you? When you are buying or selling a commercial property, of course. At other times, we can handle property management for any properties you might own. Let me help in determining the value of your investment, anytime you need to know. Call my office when you need services of an expert in this community’s real estate. I have the records of all properties for sale at all times. Today’s interest rates, availability of loans, and any other financial information that can affect your property is as close as your phone. Keep our newsletter as a file of useful real estate information and to remind you to call me whenever you need “Professional Service”. (more)

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In this issue

• Relocating An Existing Tenant

A landlord’s standard lease usually contains a clause requiring a tenant to move to another space in a commercial building or shopping center. A new tenant that is negotiating for space in the building might be surprised to see the clause before signing the lease, wondering about the reasons for it. The owner or manager will seldom require any tenant to move to another space because it can be expensive for both the owner and the tenant. The clause must be in the lease, however, as the owner has to be able to manage space efficiently....(more)

• Investing In Industrial Properties

If you haven’t considered industrial properties as an investment vehicle, it may be time to take a look. Warehouse and distribution (W&D) properties are of interest because their standard layout suits a wide range of users, in contrast to specialized manufacturing facilities. Industrial properties look good for the following reasons: The market for industrial property is doing well with vacancy rates nationwide below those of other commercial buildings......(more)

• Changes In The Workplace

Working from home is now becoming a trend. The growing popularity is remaking how we work, the tools we use for that work, how we communicate at work, and even the hours we work. A major benefit to the employer is being able to downsize on square footage of space for the company. A major benefit to the worker is that they can buy a home or condominium outside of the business area in a suburb or at an ocean resort with the great locations that they desire and not have to think about what the daily commute will be....(more)

• Building Standards For Tenant Improvements

A building owner wants to be sure that improvements made by or for a tenant be of equal quality to the building itself. That’s because tenant improvements, upon completion, become a permanent part of the building. The goal is to establish building standards that will permit a suite of office space to be fully developed to a tenant’s specifications with no extras involved, while also ensuring that the improvements are of satisfactory quality, commensurate with the improvements in other tenants’ space and with the building itself. A copy of the building standards should be included with the lease and will identify the specific materials that are to be used for such components as doors, partitions, and fixtures. And the standards will also specify the type of carpeting, floor covering, or wall finishes that the landlord will provide or allow....(more)

• Profits Found In Conserving Energy

When an owner has an apartment property near the campus of a University, there are particular problems. The competitive situation dictates that leases be offered for one semester of nine and a half months. A twelve-month lease for students is virtually unheard of. That means there are lots of vacancies as soon as final exams have ended. (This does not apply to a few University communities where there is always an apartment shortage. In those few places, the student must lease for 12 months or have no lodging.).....(more)

• A Step-Down Rental
Any savings in expenses that have already been budgeted can be turned into spendable income. One expense that can be controlled to some degree is the energy used for lighting, electronics and air conditioning......(more)
• Your Real Estate Investment
Knowing what you can do in some investment situations can be the difference between an annual profit or loss in your currently owned commercial property or the one you intend to acquire. How you acquire it can be important...(more)
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This month's newsletter has just been released! Check out the latest tips for tenants and users of commercial real estate space. In this issue

• Controlling Overdue Rents

A critical indicator of a management company’s success is their effectiveness in controlling overdue rents. A well-run property should not have chronically delinquent tenants. However, when delinquency does occur, immediate action must be taken. A list of all delinquent rents must be prepared showing all tenants who have not paid. or for those who have partially paid rents and other monies due. In addition, a delinquency report recording the manner and date of all collection attempts should be prepared........

• Investing In Industrial Properties

If you haven’t considered industrial properties as an investment vehicle, it may be time to take a look. Warehouse and distribution (W&D) properties are of interest because their standard layout suits a wide range of users, in contrast to specialized manufacturing facilities. Industrial properties look good for the following reasons....

• Making A Tax-Free Exchange Of Partnership Property

There are many limited partnerships that own rental property. Suppose a real estate limited partnership plans to sell rental property of the partnership to a third party and one or more of the partners wants to defer tax through a tax-free exchange (rather than receiving cash for their partnership interests). It is important that the proper procedure be followed so that an actual exchange takes place between the partners seeking a tax-free exchange and the third party.......

• Pre-Leasing To Secure Construction Financing

Banks will be making some loans on real estate during this year. The borrower will have to have documentation on everything. The loan application must be perfect........

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