Archive for 2023
Feb 4, 2023

Operating a successful business requires sound decision-making, especially as the company grows. For example, if you must relocate due to growth, you’ll need to decide between leasing or buying your next commercial space. Unfortunately, there is no easy answer to whether it’s better to buy or lease commercial real estate as it depends on factors […]

Feb 1, 2023

When another company breaches its contract with your business, you may end up scrambling to find an alternate service provider or supplier. Contract breaches can be very expensive. They can delay or complicate operations at one business or force a company into a position where it defaults on an agreement with a third party. When […]

Jan 30, 2023

Property taxes are assessed on both residential and commercial properties, and the total costs fluctuate every year with the value of those properties. However, they can be quite substantial, with tens of thousands of dollars assessed on major pieces of real estate. Generally speaking, these property taxes have to be paid by whoever owns that […]

Jan 20, 2023

There are times in business when it feels like it makes sense to pool your knowledge, capital and expertise with another person. It gives you options that you wouldn’t otherwise have to work outside your comfort zone and to be a part of projects that excite you. As with any relationship, it’s important you know […]

Jan 13, 2023

Completing a commercial property and getting ready to lease is a proud moment for developers. You can lease your space to business owners for offices or industries for warehouses, data centers and other industrial activities. Further, you may lease your property for mixed uses, in which case your tenants may be malls, restaurants, department stores, […]

Jan 5, 2023

There’s no question that the commercial real estate market has weathered significant ups and downs over the past several years. Oftentimes, upping the rent on a property seems like the most obvious way to account for challenging marketplace conditions. Yet, inflating commercial property rents is a risk that isn’t always worth taking.  Rental rate inflation […]