This month’s newsletter has just been released!
Check out the latest tips for tenants and users of commercial real estate space.
In this issue
- How to Take Over A Neglected Investment Property
- Pros and Cons of Single Tenant Investment Properties
- The Right Investment at the Right Time
- Getting Tenants Into A Difficult Property
It is hard to believe that someone can totally neglect a valuable investment property like a multi-unit apartment. It happens. The run down property may have been acquired from a seller who did not understand real estate investments and failed to manage it at all……
Around 25% to 35% of the value of commercial properties are single-tenant properties (STPs). This large percentage means that institutional investors such as pension funds, as well as smaller investment groups must consider this type of investment. There are many uses ranging from office to industrial to retail. They can include office buildings, warehouses, department stores, supermarkets and other retail use. There are advantages and disadvantages in this type of ownership compared to multi-tenant properties…..
Now may be the time to start thinking of the next real estate investment. You must pick the right property for you. Sometimes, even the best thought out plans do not work out. Investments in real estate can turn out badly even in the best of times. Investors may then blame the loss on the “real estate cycle” when there were mistakes that could have been avoided by better planning and analysis……..
When an investment property is located in an overbuilt market, the marketing effort must have good planning and direction. Just throwing large amounts of money into the effort can be a waste. Rather than broad advertising, a narrower action may be required. Keeping the local brokers who specialize in leasing constantly updated about the amenities of a certain building may be the best way to make it more marketable. Here are some other ideas:……….
