Brokerage

CRE Terms You Need To Know — Cash on Cash Return

In an attempt to give more ongoing foundational information to prospective buyers and tenants, we’re going to continue on with a series of posts defining core terms in commercial real estate. Our “CRE Terms You Need to Know,” officially kicks off here. There are a multitude of metrics that commercial real estate investors use to …

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How to market a challenging property

Step one — don’t despair.  We know it can feel like the cards are stacked against you, but even in today’s volatile marketplace, selling a challenging property is possible. It just might take some time, elbow grease, and smart marketing. Here are five things to consider when you’re trying to market a challenging property. Challenge …

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First time leasing? Here are two terms you need to know.

The world of commercial real estate is full of industry jargon. Property listings, lease agreements, and conversations around the negotiating table can all feature niche terms and unheard-of acronyms. It can get confusing fast. Learning the lingo can help you feel confident you’re making the right decisions for your bottom line and help you hold …

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3 Rules + 2 Tips For First-Time Investors

Investing in commercial real estate is a great strategy to earn some extra income. But the road from first-time investor to CRE guru has some twists and turns. If you’re thinking about taking the plunge on your first investment property, here are 5 things to consider.  Have a long-term plan Getting started with your first …

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The pitfalls of managing your own commercial real estate deals

We get it. Google makes us feel like we can do anything. And with the widespread availability of commercial listing sites, it feels simple and easy to browse around for potential commercial property, or sell your property on your own. While there’s nothing more satisfying than a self-taught success story, DIY-ing certain parts of the …

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A Crash Course in Commercial Real Estate Listings

In today’s hyper-competitive real estate market, finding quality commercial real estate listings can be a challenge. While there are many digital tools available, it’s not as easy as a simple Google search. You want to make sure you’re getting the best insight into the properties available in your market. And we know you don’t have …

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To Build or To Buy? 3 things to consider when weighing your commercial space options.

Whether you’re looking to start up a brand new business or your tried-and-true venture is just looking for a space upgrade, the choice between buying or building a commercial space can be a challenging one — especially in today’s market. There are many factors to consider, including your business’ unique needs, what’s available in your …

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Flexibility and Necessity: How the pandemic will reshape downtown spaces

While it’s impossible to know exactly what will happen in today’s unpredictable market, the pandemic and its aftermath will continue to change the way we live, work and move around. This presents new challenges for commercial businesses, local governments and urban planners—how do you leverage a changing downtown commercial landscape to create a brighter future …

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City of East Lansing Offers Commercial Land for Development in Northern Tier

26.83 Acres at Coleman Rd and West Rd, East Lansing The City of East Lansing has partnered with NAI Mid-Michigan to offer 26.83 acres of commercial land in East Lansing’s Northern Tier. The property is located at Coleman and West Roads along the southern border of Clinton and Ingham counties. This is the center of …

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COVID-19 Real Estate

A Market in Flux: Understanding the pandemic-era commercial real estate marketplace

Virtually every industry in the marketplace today has been touched by the COVID-19 pandemic and resulting economic crisis. Unlike recessions and financial crises of the past, instigated by more classically economic-driven issues in a few key industries, our current economic situation is more of a black swan — unprecedented, unexpected and with widespread, dire consequences. …

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