Real Estate Blog

What’s Next For Commercial Real Estate in Arizona After COVID-19

Flexibility – key to survival post COVID-19 On April 29, Arizona Governor Ducey extended the state’s Stay-At-Home-Order Order until May 15. For many, that means two more weeks of working from home, two more weeks office spaces will be empty, and two more weeks businesses like gyms, barber shops and salons will remain closed. And Arizona isn’t the only state in this position.  Before we jump into what could happen next for these businesses and the commercial real estate industry as a whole, I want to take a step back and look at how we got here. We all know

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Finding the Right Buyer Representative

Imagine this, you’ve found the perfect office building and you’re ready to make it yours. From my previous blogs you’ve learned that inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They don’t and here’s why: sellers want to make money and buyers want to save money. Knowing that, your search for the right buyer representative has begun. Before you hire a buyer rep, it’s important to note that not all reps are created equal. Experienced representatives are crucial in winning a fair shake throughout purchase contract

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Indoor Activities Tips & Resources During Covid-19

Community Info Health Information Arizona Department of Health Services – www.azdhs.gov CDC – www.cdc.gov Practicing social distancing – https://bit.ly/2WLb497 How to Help the Community Foster Animals www.aawl.org/foster www.maricopa.gov/296/Foster Give Blood www.redcross.org/give-blood.html How you can Support your Community – https://bit.ly/2JiYYw4 NextDoor App Post your assistance to elderly or people in need of supplies or assist with yard work. – www.nextdoor.com Phoenix-Area Senior Shopping Hours https://bit.ly/2yd3sC6 Meal Kit Food Delivery Services Factor 75 Top delivery services of 2020 Health & Wellness Wellness & at Home Self-Care 51 Self Care Ideas Do-it-yourself at Home Spa Routines Creating an at-Home Spa Banyan Botanicals Spa Slippers & Robes The Body Shop

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12 Tips for Effectively Working from Home

While the world is dealing with the outbreak of COVID-19 (coronavirus), you may find yourself working remotely for the first time or working remotely more than usual. Not to worry, the 12 tips below will help you stay on track, work effectively and maintain a sense of normalcy in these uncertain times. Maintain Regular Work Hours Maintaining your regular nine-to-five schedule will make things feel normal, help you stay on top of tasks, keep you from overworking and help you maintain a work-life balance. Schedule Regular Breaks Give yourself some time away from computers and phones throughout the day. Much

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Andrea Davis – NPR Interview with Doug Wells and Alison Kuhlow

Andrea Davis, author of SimpLEASEity: A business owners guide to winning the game of commercial real estate leasing walks NPR listeners through some of her 11 steps outlined in the book that help ease this increasingly complicated process. Read the article: https://www.kpcw.org/post/simpleaseity-business-owners-guide-winning-game-commercial-real-estate-leasing

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The Written Lease Is Always The Ruling Document

In previous blog posts we discussed why tenant representation is important and how without it, your business could face to pay thousands of dollars. Still not convinced? Let’s take a look at one example that happens more often than not. You’ve had a great year and your business is thriving. But with growth brings complications and you’ve now exceeded your company’s number of allotted parking spaces. According to the property manager, you’re in violation of your lease. You try and reason with them stating the previous property manager said it would be no problem if the business grew, however since

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – The Cost of Buyer Representation

Brokers: The Nuts and Bolts Don’t be fooled! Many buyers confuse a seller’s broker for their representative. Inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They don’t and here’s why: Sellers want to make money and buyers want to save money. With that in mind, it’s unfeasible for a single broker to represent both sides of a transaction. The seller’s broker has a fiduciary duty to the seller or the building owner, so representing the buyer fairly is next to impossible. When a seller’s broker insists

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SUBLEASE: Beautifully furnished move in ready

GREAT VALUE: $5.50 FSG BELOW MARKET $28.50 FSG +/- 2,724 SF 8601 N Scottsdale Rd, Scottsdale, AZ 85253 DOWNLOAD PROPERTY BROCHURE Beautifully furnished move in ready sublease in the Gainey Center 1 property in Scottsdale. Across the street from the shops at Gainey Village. Located on the third floor in the Symmetry Companies Suite, with 1 private balcony and 1 shared. Offices are fully furnished by Copenhagen. The 9 cubes are from Goodman’s furniture, in excellent condition. All glass offices make the interior bright. Option to establish your own private entrance or share the reception area. Asking price $28.50 FSG – current market rate is

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For Lease: Warehouse & office space combo in Deer Valley

BELOW MARKET VALUE $2,685 Month* +/- 3,300 SF IG 23005 N 15th Ave, Suite 104, Phoenix, AZ 85027 DOWNLOAD PROPERTY BROCHURE * Approximately .86 per sq ft monthly ($2863.80 per month) for the first year and $.88 per sq ft monthly ($2930.40 per month) for the second year. Approximately 3300 sq ft warehouse and office space combination in the Deer Valley Four complex beside the Deer Valley Airport. Bright, clean and open. Racking system along the length of the hanger on both sides. Bright reception area, 3 large offices, 2 restrooms and 14’ high ceiling open area with bar sink and counter.

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – Commercial Real Estate (CRE) Basics when Purchasing

Before the 11-steps of purchasing commercial real estate can happen, it’s necessary to understand a few CRE fundamentals. The key to property ownership success is twofold. Understand how CRE fundamentals fit into the larger scheme of a purchase. Recognize the importance of retaining experienced buyer representation to save money on your new commercial building. Industry Lingo: CRE is a widely used industry acronym for commercial real estate. Ownership is a Privilege Ownership of property is a luxury few countries offer business owners. Even in the USA, most small to midsize businesses owners haven’t been able enjoy the pride of commercial

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