Real Estate Blog

Buying Commercial Property is NOT Like Buying a Home

So you’re ready to buy your first commercial real estate property. That is great news! But before you do, there’s a few things you should know. First and foremost, buying commercial property is nothing like a buying residential property. While both take time, research, and planning, buying commercial real estate can be very complex. To help you navigate this exciting time, I have outlined the six key differences between a commercial purchase and a residential purchase: Commercial Title Report A commercial title report outlines the legal status of a specific property and related information about its ownership. While it is

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The ups and downs of Phoenix class A office space amid time of the novel coronavirus Experts hesitant to say COVID-19 will kill brick-and-mortar staples. By Melissa Rosequist

Despite many companies and firms working remotely for an extended period of time due to COVID-19, experts estimate class A office space will not be left vacant. As Valley companies realize working from home is the foreseeable future, will that translate to a surplus of vacant class A office space? Experts say: It’s too early to identify any changes that may be afoot as the long-term effect of the COVID-19 pandemic looms, but ultimately, for commercial leasing, the sky isn’t falling. That’s not to say there won’t be changes. READ THE ENTIRE ARTICLE

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ADCRE Listing: Architecturally Appealing Office For Sale & Lease

FOR SALE & LEASE: Architecturally Appealing Office For Sale & Lease $524,420 Sale: $260 SqFt / Lease $23.50 Modified Gross Location: 8144 East Cactus Road, Suite 830, Scottsdale, AZ 85260 DOWNLOAD PROPERTY BROCHURE Located in the Odyssey Professional Center (OPC) at the North East Corner of Cactus Road and Hayden Road. Located less than a mile from the Loop 101 Freeway. Surrounded by luxury homes and across the street from a beautifully landscaped golf course fairway. Quick proximity to the Scottsdale Quarter, Kierland Commons, Honor Health Scottsdale Medical Center, Costco and Raintree shopping area. A wide array of retail and restaurant

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Emergency Relief to help meet the basic needs of the children

Andrea Davis Commercial Real Estate Company’s philanthropic partner, 200 Orphanages Worldwide, is receiving requests from partners around the world for Emergency Relief to help meet the basic needs of the children in their care. COVID-19 has required cancellations of fundraisers which in normal times would provide for day to day operations.  Last year, because of you, our Wine to Water fundraiser helped provide phase one of the well for the 50 girls, 300 students and staff, and the surrounding community for Mainsprings in Tanzania. The girls are now supplied ample water for their daily needs.  Currently, 200 Orphanages partners need

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FOR SALE – Vacant Land with Buckeye Frontage – $110,000

1421 W. Buckeye Rd., Phoenix, AZ 85007 .15 Acres 65 feet of frontage on Buckeye Road Property Details Zoned C-3 – includes auto sales, retail, wholesale and commercial uses 10 minutes from Downtown Phoenix restaurants, entertainment, and government buildings. Light rail is at 1st Ave & Jefferson with expansion plan Located within the Phoenix Redevelopment Area 15 minute commute to Sky Harbor airport in peak traffic. 2.9 miles to highway 60 – 6 minutes off peak 5 miles to Highway 51 – 8 minutes off peak Approx. 3 miles to highway 10 – 6 minutes off peak 1.8 miles to

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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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