What’s trending? Things to Look Out For in The Commercial Real Estate Industry in 2020

With 2019 behind us, the future looks bright for the commercial real estate industry in this new milestone year. Factors supporting this outlook include strong property fundamentals, resilient economic activity and new digital technologies, but what do these things mean for CRE investors? Here are four trends you can expect to see in the industry this year.  Mixed-Used Developments Will Become More Prevalent  The term “mixed-use” may not sound familiar, but the development itself is anything but new. Defined as a type of development that blends residential, commercial, cultural, institutional, or entertainment uses into one space, mixed-use developments first started

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SOLD: Multi Use Office Condo in Scottsdale Airpark

$265,000 +/- 1,680 SF 7302 E. Helm Drive, Scottsdale, AZ 85260 DOWNLOAD PROPERTY BROCHURE A rare find. Your own office multi use condo in Scottsdale Airpark. Minutes to Kierland Commons and Scottsdale Quarter. Just off Scottsdale Road. A combination of office and warehouse space under one roof with your own HVAC systems, electricity, alarm and private 10’ X 10’ roll up door. This space has lots of potential for creating additional offices or taking advantage of the large open area. Block construction. Kitchen and restroom. Freshly painted, cleaned Move-in ready Roll up door maintained and new insulation panels installed in the door. Wood blinds

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Tips for a Smooth 1031 Exchange To Help You Save Money

1031 exchange commercial real estate investment

If you’re thinking about selling an investment or business property, a 1031 exchange can be a great option to increase your cash flow by deferring taxes. Simply put, a 1031 exchange allows a taxpayer to sell an investment or real estate property and reinvest the proceeds in a similar, “like-kind” property that is equal to or greater in value. As long as IRS rules are diligently followed, capital gains on the sale of the property will be postponed. To help ensure your exchange is smooth and successful, here are five things to consider: 1. Start Looking For Your Next Property

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – 11 Steps to Ownership

The first portion of Simply Own It, the American Dream, examines commercial real estate basics and the attributes of a skilled buyer representation and how to qualify them. The second portion outlines the 11-step purchase process in detail as a sample buyer, like yourself, navigates his way through the intricate process. Step One – Strategic Plan, the power of advanced preparation. Meet with your commercial real estate advisor and discuss the value of buying a commercial property versus leasing. Is this the right time for your business to purchase? Will a building purchase add to your company’s success or put

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – Part 2: Ownership Pays

Ownership of a scottsdale, AZ commercial real estate property builds equity in your future; not your landlord’s. An owner reaps greater tax benefits, has an avenue to save for tomorrow and is empowered with the pride of ownership. Best of all, business owners control their destiny and add to their retirement plan. Book one of this series, SimpLEASEity™, summarizes the complex lease transaction in 11 easy steps. Book two, Simply Own It ü, perfected over twenty years, details timing of ownership in a simple and easy step by step how-to guidebook. We will: Answer important questions relevant to commercial real

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Simply Own It – The American Dream: Increase your wealth with commercial real estate.

Scottsdale Commercial Real Estate, to buy or not to buy…that is the question. Aaron has a decision to make. His successful naturopathic business is housed in a 5,000 square foot commercial building. Aaron bought the practice from his mentor and boss who founded the business on this property. Neighbors view the business as an icon within the community. Early in his profitable career, Aaron plans to practice for another twenty years in this very location. The building owner, Aaron’s landlord, hired me to sell the property with Aaron retained as the tenant. I know the building well. It sits in

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Subleasing Commercial Space – Is It For You?

Subleasing has upsides and downsides. To determine if a sublease is the best fit for your business, consider these questions. Is your business growing or shrinking? What size space does your business need? What is the best location for your business? How long do you want to be there? The answers to these questions will help you determine if a sublease space benefits your current business position. Years of experience provide these simple guidelines for subleasing. Reasons to Sublease Commercial Space: The location is ideal for your business and there are no other lease options that support your business expectations.

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Juggling Commercial Real Estate and Parenting – Interview with Andrea Davis

by:Jessica Abo I had the pleasure of interviewing Andrea Davis, principal of Andrea Davis CRE has over 20 years of experience in the commercial real estate market. Since then, Andrea has closed over $220M worth of transactions, totaling over 1.5M square feet. She is uniquely diverse in all aspects of commercial real estate working with landlords, tenants, sellers and buyers with office, industrial and/or retail requirements and her business was named one of the best by Ranking Arizona. Davis’s introduction to commercial real estate career began with WAM Development Group and provides her a valuable perspective in site selection, property

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LEASED: NORTH SCOTTSDALE – Flex Office Condo

Walking distance to The Promenade, Scottsdale Quarter and Kierland, this flex office space suggestions a creative work environment for any type of business. Think tech company, architect, printshop, photographer, engineer, startup business, attorney, just to name a few. Or simply use it for high-end car storage in a safe, convenient part of town. Minutes to the Scottsdale Airpark and the freeway Loop 101. Specifications 2,680 SF office Move-in ready or plug and play Tropic landscape Sold brick building with large floor to ceiling windows 100% HVAC 4 dedicated parking spaces Furnishings negotiable Zoning I-1 Property Specifications: Lobby and large office with grand windows

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SOLD: The Venue Scottsdale

Owner/User or Redevelopment Opportunity The Venue Scottsdale – 7117 3rd Ave, Scottsdale, AZ Download the Property Brochure Located in the heart of Old Town Scottsdale, The Venue Scottsdale is a one of a kind event and entertainment venue featuring nine unique and flexible event spaces. With two beautiful rooftop lounges overlooking Scottsdale and the surrounding mountains. It is the only venue in Scottsdale with a retractable roof offering an event setting like no other. Building Overview 38,000 SF free standing building 2 stories with a grand, open venue space 1 large rooftop lounge and bar +/- 3,000 SF 1 smaller rooftop lounge +/- 700 SF 9

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