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Posts tagged "Commercial real estate"

Commercial real estate supports major companies

One good thing about owning real estate is that even if your business begins to fail, you have an investment that could support you. This is best presented in the case of Macy's. Recognized for the Macy's Thanksgiving Day Parade and its local stores around the country, Macy's is a household name. Despite that, its sales have fallen for 11 quarters in a row, and, in 2017, its stock plummeted. Now, it's around 41 percent lower than a year ago.

What should you ask about renting commercially?

When you decide you want to rent commercial property, there are many different things to consider. One of the most important to you may be the square footage. You want to have enough room for your business to grow and thrive, and you also want it at a fair price. When you look into buildings with the square footage you want, ask how the landlord measures. Some measure from inside the room, while others measure from outside the main walls. Those few inches add up, so look for value based on that knowledge.

Zoning matters when you want to run a business

If you're interested in purchasing a property for your business, one of the things you need to be certain of is which type of zoning the property falls under. If you want a business, an area zoned for single-family homes and residences won't help you. The same is true if you're interested in living in a property but purchase a property zoned only for commercial use.

With the real-estate market at its peak, it's not time to buy

If you're interested in buying commercial real estate then you should know about the current state of real estate in New York. At the moment, real estate has come to a head with extremely high prices. Since prices have peaked, meaning that prices now are as high as they are likely to go, and they may even begin to dip. If you buy now, you could end up spending more than if you wait a short time before you invest.

The right lease can change your business's outlook

When you're ready to purchase or rent commercial real estate, you do have every right to be picky about your business. Your decision to lease a storefront, for example, could make or break your company depending on its location.

Zoning regulations: Keep your business in the lines

When you want to run a business, it's important that the property you use is zoned correctly. If it is not zoned correctly, you may be unable to use the property to perform your business' operations.

Getting the right lease takes time and negotiation

If you're ready to open a business, you're probably in the market for some commercial real estate. Finding the right lease is important, and knowing that it works for you without putting strain on you is key.

Yes, you can negotiate a commercial lease

When you want to rent commercial real estate, you need to understand how to negotiate a lease. Commercial leases do not have a standard agreement, so it's a good idea to have your attorney look over any agreement you want to sign. Additionally, you may be able to get a number of concessions from the landlord if you take the time to negotiate the lease.

Consider these questions when you want to lease a restaurant

If you've always wanted to run your own restaurant, one way you could do it is by leasing a restaurant that is already empty and ready for use. If you don't have a lot of cash to start with, this is a good option. There are several benefits to leasing a restaurant space, including not having to worry about a mortgage and potentially not having utility costs or other expenses to consider.

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