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Industry Related

What is a Letter of Intent in Commercial Real Estate?

Posted on March 25, 2021

The commercial real estate (CRE) world is full of intimidating and confusing terms and their similarly perplexing acronyms. From NOI and EBIT to USF and RSF, the industry jargon is enough to make your head spin. But there’s one term and acronym that’s truly important to understand: letter of intent (LOI). What is a Letter […]

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2020 Year-End Utah Market Report

Posted on February 16, 2021

Friends and Clients – 2021 is officially upon us! Coastal markets’ claims that the real estate world is falling could be true for them, but not for us in Utah. I believe we’re set up to have a very bullish future. Yes, the office market is changing, but rates have held. More than half of […]

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What is a Vanilla Shell?

Posted on December 23, 2020

In the market to buy or lease a commercial real estate (CRE) property? You’ll want to acquaint yourself with one important, common term: ‘vanilla shell.’  What is a Vanilla Shell? It may sound like a delicious confectionary, but vanilla shell refers to how a CRE property is delivered to the tenant. These properties, sometimes also […]

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How is Commercial Rent Calculated?

Posted on October 27, 2020

Has your small business outgrown the basement? Are you ready to expand into a commercial real estate (CRE) property? Whether you’re a new hopeful or a seasoned entrepreneur, securing a new location for your company is an exciting experience. But understanding the common ways commercial real estate rent is calculated is important to protect your […]

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What Makes a Good Commercial Real Estate Broker?

Posted on August 28, 2020

It goes without saying, but successful commercial real estate (CRE) brokers possess a particular set of skills, knowledge, experience and expertise. It’s a body of knowledge that differs significantly from that of qualified residential real estate agents. Navigating the CRE market is not for the inexperienced. So, if you’re looking at buying, selling or leasing […]

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How Much Office Space Do You Really Need for your Business?

Posted on May 27, 2020

When it comes to leasing office space for your business, making all the right decisions can be tough. One of the most common questions comes down to the size and space you need to adequately plan for current employees and future growth. The first step is to make an initial assessment of your current space, situation and […]

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The Sublease Conundrum

Posted on May 4, 2020

As office tenants assess the financial implications of COVID-19 on their businesses, many will be making decisions about whether to return space to the market, and if so, how much. Considering the economic challenges, including job losses, wrought by the coronavirus, it may seem likely that the amount of sublease space on the market will […]

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What is a Master Lease Agreement?

Posted on April 23, 2020

A master leasing agreement provides an avenue to invest in commercial real estate without tens of thousands in the bank for a down payment or millions in net worth. These agreements allow a lessee to rent a property, purchase the property and sublease it for profit. Essentially, master lease agreements allow a lessee to act […]

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COVID, real estate perspectives… and working from home

Posted on April 10, 2020

At Newmark, we are dedicated to improving unique insight and analysis for you, particularly during challenging times.  To that end, we have developed the COVID-19 Perspectives website , a compilation of resources designed to assist in your understanding of the impact of the coronavirus on real estate- both locally and globally. I hope you find […]

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COVID and its effect on commercial RE

Posted on March 24, 2020

Friends and Clients- What a wild time we’re currently experiencing.  The human toll of COVID-19 and the spread of the coronavirus is the world’s greatest concern today.  As we at Newmark Knight Frank isolate ourselves physically and care for our families, we remain committed to providing not only with the latest market information but also […]

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