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 Despite technological and design advancements, many organizations are hindered by outdated facilities that affect their growth and employee retention.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 Chad Griffiths, MBA, SIOR, one of our colleagues over at NAI Commercial Real Estate Inc., put together this fantastic video on understanding industrial flex properties. Flex space can generally be defined as any building or…
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…
Understanding Cap Rates
Play Video What Is the Capitalization Rate? The capitalization rate (also known as cap rate) is used in the world of commercial real estate to indicate the rate of return that is expected to be generated on a real estate investment property. This measure is…
Staying in Your Lane…and Why it Matters
It is very likely you have heard the expression “Stay in Your Lane.” Obviously, it is applicable to driving, but it also has significant meaning in commercial real estate (CRE). The internet and social media have increased the amount of…
Spring Value: Added Service to Clients
As brokers, we are always looking to add value for our clients and extend the services we provide. With this in mind, I add a Spring 1st Look visit to my rounds when I am out on appointments. Commercial real…