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Commercial Real Estate News | Property Management

Property Management: Read best practices, tactics, strategies, and more for solid property management that keeps tenants and investors happy: when should you handle projects on your own? When's the right time to hire a property management company? How is commercial real estate appraised? How do you prepare commercial property for sale by owner? How do you foster tenant loyalty and manage tenant credit risk?

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Navigating Utility Access and Connection Costs for Commercial Land

Published: 04-23-24 By: Luke Williams

Understand utility access & connection expenses before buying commercial land. Learn how to budget & find the best location for your project. ...

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Car Wash Cash Flow: Analyzing Financial Performance

Published: 04-04-24 By: Luke Williams

Car washes are a hot investment for CRE with high demand, low costs, and rising profits. Learn how membership programs and expense management can maximize ROI. ...

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Tunnel Vision vs. Open Air: Deciding on the Right Car Wash Design for Your Property

Published: 04-02-24 By: Luke Williams

This booming industry offers steady returns, but a crucial question arises: tunnel or open-air? ...

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Renovating Horse Properties for Quick Resale

Published: 03-08-24 By: Luke Williams

Learn how to identify undervalued gems, renovate for equestrians, and find motivated buyers, from arena upgrades to marketing tips. ...

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Navigating Legal and Licensing Requirements for Retail-Residential Properties

Published: 02-09-24 By: Luke Williams

Discover the legal intricacies of retail-residential properties. From zoning to permits, ensure compliance for a successful venture in this hybrid real estate sector. ...

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Amenities That Every Storefront Property Needs

Published: 01-16-24 By: Luke Williams

Enhance your business success with a well-equipped storefront. Explore the importance backed by studies, from aesthetics to security. ...

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Navigating Washington State's Commercial Zoning Laws

Published: 11-09-23 By: Luke Williams

Washington State uses unified development codes and development review procedure codes for zoning. Understanding both is crucial for success. ...

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Retail Showroom Properties: Where Shopping Meets Experience

Published: 10-20-23 By: Luke Williams

Retail showroom properties allow brands to advertise an intimate image to shoppers, creating an immersive and engaging shopping experience. ...

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Real Estate Considerations for Aspiring Auto Shop Owners

Published: 09-20-23 By: Luke Williams

Auto shops are relatively recession-resistant but have high startup and maintenance costs. Independent auto shops also face competition from big chain repair franchises. ...

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How to Own a Gas Station: Going Beyond Fuel Sales

Published: 09-11-23 By: Luke Williams

Most gas stations don't make significant money from fuel sales, so they rely on other sources of revenue, like convenience sales and additional car services. ...

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Cold Storage Warehouse Uses, Types, & Costs

Published: 08-21-23 By: Luke Williams

Businesses use cold storage units to preserve perishable goods, such as meats, produce, sensitive materials, and pharmaceuticals. ...

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Landlord’s Guide to Apartment Renovation

Published: 12-23-22 By: Luke Williams

Want to renovate your multifamily property? Check out this landlord’s guide for tips on how to renovate your property and increase its value. ...

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For Beginners: Commercial Property Management and Upkeep

Published: 05-11-22 By: Luke Williams

Commercial property management is crucial to keep your investment in good shape and the rent coming in. Learn what it entails and some tactics for tackling it. ...

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What Is a Reasonable Tenant Improvement Allowance?

Published: 04-21-22 By: Luke Williams

Tenant improvement allowance is location-specific, but there are factors you can use to broadly calculate what a reasonable allowance would be. ...

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The Ins and Outs of Preparing Commercial Property for Sale by Owner

Published: 02-17-22 By: Luke Williams

Going FSBO can be difficult, but it becomes easier with the right guidance and expectations, especially when overlooked components are clarified. ...

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A Real Walkthrough of the Commercial Real Estate Appraisal

Published: 12-15-21 By: Luke Williams

Going back to the basics, a CRE appraisal is a basic building block of a commercial property deal. ...

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A Guide to Hiring Your First Property Management Company

Published: 10-21-21 By: Luke Williams

Your time is the most valuable resource you have, so why not hire a property management company to handle things on your behalf? ...

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5 Ways to Attract New Commercial Tenants

Published: 08-12-21 By: Luke Williams

Offer a rent-free period, consider rent abatement, look into fit-out contributions, make building upgrades, and keep an eye on that HVAC system. ...

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What Are Co-Tenancy Clauses? Are They Bad for Retail Space Agreements?

Published: 08-10-21 By: Luke Williams

A co-tenancy clause is a provision in a commercial lease agreement that provides some relief to tenants in the event that a certain number of tenants leave the retail space. ...