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Commercial Lease Types: A Beginner’s Guide
When entering the commercial real estate market, understanding the various lease structures is crucial for both landlords and tenants. Each lease type allocates different financial responsibilities between the parties, significantly impacting the overall cost and management obligations. This article examines…
Buying Commercial Property in New York? Due Diligence Matters
Buying a building either as part of an investment, or to operate your business is often a good idea. It can make or save you money, but it can also be tricky. This guide will help you check everything important…
Spring Cleanup Guide for Commercial Properties in Albany NY
Play Video *Watch the video summary of our latest article below, highlighting the key points you need to know.* As winter fades and spring arrives in Albany, NY, commercial property owners must prioritize a thorough spring cleanup to maintain curb…
NAI Platform Announces the Sale of the Uncle Sam Lot in Troy, NY
FOR IMMEDIATE RELEASE NAI Platform Announces the Sale of the Uncle Sam Lot in Troy, NY Troy, NY – December 20, 2024 NAI Platform is proud to announce the successful sale of the Uncle Sam Lot, a prime development site…
How to Prepare Your Commercial Property to Be Sold or Leased
So, you’re thinking about selling or leasing your commercial property in the Capital Region? Exciting times! While it might seem overwhelming at first, with the right preparation, you can attract ideal buyers or tenants and negotiate terms that work in…
NAI Platform’s Annual Awards: Celebrating Our 2024 Superstars
We’re very excited to announce the winners of NAI Platform’s annual awards! Each year, we take time to recognize the team members who go the extra mile for our clients, partners, and colleagues. This year’s honorees are James “Jay” Verro,…
Eliminating Inefficiencies: Upgrading Outdated Workspaces
In today’s fast-paced business world, the physical workspace is critical for efficiency, productivity, and employee satisfaction. Despite technological and design advancements, many organizations are hindered by outdated facilities that affect their growth and employee retention. Upgrading these spaces is essential…
Top 10 Best Applications for LEDs in Commercial Real Estate
In the realm of commercial real estate, the drive towards sustainability and operational efficiency is ever-present. Among the numerous advancements propelling this shift, LED (Light Emitting Diode) lighting stands out as a pivotal innovation. LEDs offer unparalleled benefits, from significant…
Brightening Tomorrow: Why Switching to LED Bulbs Is the Illuminating Choice
In the pursuit of sustainable living and energy efficiency, one impactful change stands out for commercial real estate: transitioning from traditional incandescent bulbs to modern LED (Light Emitting Diode) bulbs. This shift isn’t just about embracing the latest technology; it’s…
Negotiating an Office Lease? Don’t Miss These 5 Opportunities
When entering negotiations for leasing office space, there are key elements that are typically open for discussion. Depending on your situation, you may be able to negotiate terms that are beneficial to your vision and goals. Below are five critical…
Need Office Space in the Capital Region? Don’t Forget These 5 Crucial Steps
When embarking on the journey of purchasing or leasing office space in the capital region, there are several critical factors requiring careful consideration. This decision carries significant implications for your business’s operations, growth potential, and financial health. In the aftermath…
What Exactly is a Flex Property?
Play Video Understanding Flex Properties Picture this. Your growing e-commerce business needs professional office space for client meetings, but you also require warehouse facilities for inventory. Traditional real estate would force you to lease two separate properties. Enter flex space.…
Michael McGovern Helps Seal the Deal on Mid-City Plaza in Menands
Check out the Business Review Article on Mikes Deal Read It Now! NAI Platform’s Michael McGovern represented Hampshire Properties, LLC in the sale of 90-100 Broadway in Menands to Y Gazali Corp for $3.1 million while also signing an agreement…
Commercial Land for Sale in Colonie NY
Colonie Commercial Land for Sale 2028-2030 Central Ave., Albany, NY, located in the Town of Colonie, has been listed for sale. The 2 lots combine for just shy of a ½ acre of highly visible land with 240′ of frontage…
Guiding Commercial Real Estate Decisions with Cap Rate
A popular metric to determine the value of a commercial real estate deal is the capitalization rate. Also known as the cap rate, this metric is useful in determining how much an investor may want to pay for a property…
‘Connect with Careers’ with Tyler Culberson, SIOR
Listen in as Kate Manley from Rensselaer County Chamber interviews Tyler Culberson, SIOR from NAI Platform. Tyler discusses his experience in the Commercial Real Estate Industry, how he got started, and where it has led him thus far. “Connect with…
Smiles Grow in Schodack, New York
Congratulations and good luck to Dr. Jason Decker and the team at “Where Smiles Grow” on their new offices at 81 Miller Road in Schodack, New York, aka “The Village at Miller Road”. The owners of the building worked closely…
Tyler Culberson, Associate Broker at NAI Platform, Named to 40 Under 40
Albany, New York: On March 8th, 2021, the Albany Business Review (ABR) named Tyler Culberson to the region’s 40 Under 40 list. Culberson, an associate broker at NAI Platform specializing in industrial and warehousing properties, has been a top producer…
Pandemic Has Changed The Property Game… Jay Speaks with News 10
It’s important to stay optimistic yet realistic… I had the opportunity to talk with Mikhaela Singleton over at News 10 yesterday and we discussed some of the intricacies of navigating commercial real estate in the Albany area during COVID-19. Here…
Congressman Tonko takes a tour of Riverview Center
JANUARY 2020 The management team at Riverview Center was pleased to welcome Congressman Paul Tonko to Riverview Center a few weeks ago. Having shopped there with his parents back when Riverview was a Montgomery Ward’s department store, Mr. Tonko was…