Thursday, June 26, 2008

Tenant / Buyer Advisor takes care your real estate needs…..

In real estate today, many sellers have brokers that represent their interests. It’s important for the business owner searching for real estate to realize that when calling to find out about property, the real estate broker providing the information is aligned with the seller, not the business owner.

Commercial real estate as a general rule has many facets to it. If you are looking to open up a restaurant, studio or office are you going to find the perfect place where all you have to do is “plug and play”. Probably not. The reality is that if you are leasing the space there are items to consider such as tenant improvements, option to renew “at market price”, lease language like “trade fixtures”. Do you have all the aspects of this type of transaction down pat?

It doesn’t matter what kind of business you operate, the real estate decisions you make should align with your business goals. Do yourself a favor and work with a real estate broker that will look out for your interests.

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Friday, January 11, 2008

Happy New Year!! The perfect time to set real estate goals!!!

It's the beginning of 2008. It's time to set your small business real estate resolution. Even if you are not planning on making any real estate decisions anytime soon, it's important to review how your business goals align with future real estate needs...just like that financial plan....

Perhaps it's a small home based business that is moderately expanding. All of a sudden, the garage just doesn't cut it. What to do? Or you've been in busines for 10 years, and the space you are currently in not only is too small, but the landlord has asked you to leave asap. And what about those landlords that keep raising the rent?

Well, hopefully you've connected with a commercial real estate broker (http://www.tjgcommercial.com/ ) that has reviewed your business goals with you and has designed a real estate acquisition plan that fits your needs. It may be a plan that is attainable in 3-6 months, or 5 years. Regardless, a good commercial real estate broker will not only review your current situation and suggest areas of improvement; but will also assist in defining what the optimal options are in the future.

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