14 Nov How do I evaluate a commercial property to purchase?
As a commercial real estate investor, it is crucial that you know how to properly evaluate a property before making an offer. You may be eyeing a commercial property to purchase, but before investing it is critical to know how much the property is actually worth. What will be the rate of return on the property? Is the asking price...
11 Nov What is the typical lease term for office space?
This is kind of a trick question. Unlike residential real estate where leases are typically for 1 year, lease terms for commercial real estate vary widely. Many times, the lease term will depend on the building type, whether it’s a one story garden type office or a multi-story/multi-tenant building that you’d see downtown and other areas of Baton Rouge. Lease terms...
11 Nov Can I request my landlord to make upgrades to my office space before I move in?
Generally, office space is tailored to each specific businesses' needs whether it be small things like paint colors or big things like locations of walls and offices. When you’re moving into a new office space, it’s likely that the decisions that the previous business made for the space will not meet your needs for the space. Because of this, you...
05 Nov Is there a Zillow for commercial real estate?
Zillow has taken the residential real estate market by storm and become the go-to for anyone looking to buy a home. So, if you’re in the market for commercial real estate, the next logical question is whether or not there is a Zillow for commercial real estate. While there are a few sites that compile commercial real estate information, none...
05 Nov How Do I Find a Commercial Property Online?
For people looking to purchase residential real estate, there is a wealth of websites to choose from. Sites like Zillow, Homes.com, and even individual brokerage sites include search tools and a wide variety of listings for you to browse from the comfort of your home. Things get a little more difficult if you’re trying to find a commercial property online. There...
23 Aug Preparing to Buy Your First Multifamily Property
Have you been thinking of buying a multifamily property? Finally ready to take the plunge? It can be as daunting as it is exciting. Remember, there are a multitude of things that you should consider prior to buying a multifamily property, especially if you plan to use the property for investment purposes as the multifamily sector can be incredibly lucrative....
14 Aug How To Save Money When Re-Signing Your Office Lease
For most businesses, the primary office space is a hub, home base and vital part of daily operations. However, leasing an office can be a company’s largest business expense. So, when it comes to re-signing your office lease it is important to be prepared. The following 5 tips will not only help you when re-signing your office lease but allow...
07 Aug What Is Driving The Demand For Industrial Real Estate?
The industrial real estate market has been on quite a roll for the past few years and the outlook remains strong. According to the World Economic Forum, the industrial and manufacturing industries are on an upswing that has not been seen for more than 100 years — a “fourth revolution”, so to speak. With new and exciting innovations in science, commerce,...
25 Jul How To Find Your Perfect Multifamily Property
Have you been considering purchasing a multifamily property? Maybe you are a first-time buyer or looking to expand your portfolio to a new sector. Do you wish there was an easy guide on how to find the right property for your specific needs? Something like a “Multifamily Properties for Dummies” that could simplify your buying process? Well, look no further. Here's...
17 Jul How To Find The Perfect Office Space For Your Business
Your company office space reveals crucial details about the culture and brand. Where your company chooses to make its “home away from home” impacts client/customer experience, employee morale, and ultimately your overall success. Whether you have decided to expand into your first office space or find a new space that is more aligned with your needs, it is vital to...