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While location – location - location will always hold true when determining the right place for your retail business, there are many things to consider before signing any new lease, as explained by one of Voit’s CRE brokerage professionals, Tony Archer.
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What factors are the bread and butter of an investment? Real estate investments are a great way to generate strong returns for retirement but there are important things to consider before settling on a property, as explained by one of Voit’s CRE brokerage professionals, John Viscounty.
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Even if an industrial property appears to be in good shape, it is important to remember that looks can be deceiving. Before you make any sort of investment, take the time to carefully inspect the building. This list of red flags is not all-inclusive, but you can use these seven signs to help evaluate the general condition of a property before you get serious and sign on the dotted line.
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Considering investing in an industrial real estate property? If so, there are some very real benefits to doing some initial research and understanding what you’re in for as explained by one of Voit’s market experts, Brandon Keedy.
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There is a big pool of commercial property investors floating around the market these days, and plenty of competitive commercial brokers diving in to pitch the perfect deal. Whether you’re a buyer or seller, here are five characteristics you should look for in a commercial real estate broker, and some important questions you should ask to be sure you make the right decision for you and your business.
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Why is industrial real estate becoming so popular? And we don’t just mean for business owners looking to expand their operations. We’re talking about global investors looking for attractive investment opportunities and flocking to the world of industrial real estate. But what makes these properties so special and such an important part of the investment portfolio?
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A recent real estate trend has emerged as e-commerce businesses are on the rise and retail or office spaces close their doors. It has become all about converting retail or office space into high-demand industrial space.
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Times are changing. We live in a country where you can break your favorite earphones on a Tuesday afternoon and have a replacement on your doorstep Wednesday, without once leaving your couch. What a time to be alive! But what does the increased convenience mean for retail space and the commercial real estate industry as a whole?
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Dating back to the Industrial Revolution, the layout and manner in which industrial buildings are utilized has evolved but as with most things, trends have seemed to come full circle. So, where does that leave us now and what does this mean for the future of Industrial space?
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The year 2017 came with great change, and continued growth, for the commercial real estate industry. But as we dive into 2018, we will begin to see some changing market conditions and how they will affect the industrial real estate market in the new year.
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It’s pretty incredible how the legalization of either recreational or medical use of marijuana in the United States has changed the legal and commercial landscape of the green-producing plant. And when we say green, we mean the economic benefits it has generated for this country. But how does this affect real estate?
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Whether it’s based on mere convenience or a digital discount code to use a checkout, all of us have shopped online one time or another. It’s no surprise to hear the birth of internet shopping has radically shifted consumer behavior. So how will the increasing need for warehouses & distribution centers affect both brick and mortar retail space as well as the industrial sector?
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Over the past decade an influx of companies have embraced the freedom that technology offers their workers, and their own options for saving on office space expenses by allowing their employees to work remote. But what does remote work mean for the office sector of CRE?
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The traditional corporate office has evolved significantly over the years. They started out with segmented office spaces, often with doors, to give each individual worker the privacy they need. Decades later, in an effort to save space and reduce expenses, the cubicle was introduced. Privacy was broken down to roughly three metal, 6-foot walls around a desk.
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Over the past several decades we’ve seen a huge number of giant corporations moving large operations out of expensive, urban cities to smaller, less expensive and more manageable suburban areas. But is this approach changing?
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Why is Westfield UTC mall in San Diego adding a total of 250,000 square feet of retail while Amazon is growing at a furious pace? Because bricks and mortar retail is far from dead. As long as retailers are willing to adjust, the brick and mortar model isn’t going anywhere soon.
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Do commercial real estate (CRE) investors have faith in Southern California? Lately, global investors have been expressing an increased interest in Southern California, setting their sights on Los Angeles in particular.
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Everybody wants to win. Win their co-ed softball game, win in their office, win in life… and win in real estate. So, how do you win in a 2.32% vacant market? Said another way, how do you win in basically the tightest industrial real estate market on record? Not so easy of a win, now is it?
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In the San Diego office market, product boasting on-site amenities continues to attract tenants and incur less down time when compared with office projects with minimal amenities. Gyms, locker rooms, recreational areas, and cafes are becoming the standard. Office users are looking for these amenities and landlords are feeling the pressure to keep pace with the desires of the millennial generation.
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It seems like only yesterday that a successful lease negotiation for a tenant was judged by how many months of free rent were secured and how large a tenant improvement allowance could be extracted from a landlord whose building was one of a dozen sitting vacant for a year or more.