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Tag Archives: CRE

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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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 Seven Types of Commercial Real Estate

Posted on June 26, 2019

WHAT IS COMMERCIAL REAL ESTATE? You probably have a good idea of what defines commercial real estate (CRE)—it’s real estate used for commercial purposes, right? The official definition of CRE is any property used for business purposes or to provide a workspace rather than a living space. Put simply, CRE is any property held to […]

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Commercial Real Estate Outlook 2017

Posted on January 25, 2017

The real estate industry is increasingly influenced by rapid technological advancements and significant demographic shifts, which include growing urbanization, longevity of Baby Boomers and differentiated lifestyle patterns of Millennials. However, in spite of these fluctuating changes, commercial real estate (CRE), has been steadily recovering in recent years sustained by improved job growth and strong demand […]

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