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What Exactly is a Flex Property?

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 commercial property…
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Understanding Cap Rates

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 reliant on…
Q1 2021

2Q21 Transaction Report

Download PDF View All Properties Office Sector 48 Fourth Street, Troy, New York 12180 – Deanna Dal Pos – $455,000 SOLD 16 Second Street, Rensselaer, New York 12144 – Tyler Culberson, SIOR – $290,000 SOLD 77 Miller Road, Schodack, New…
Stay in Your Lane 3

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…
Create Value

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…
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Creating Value by Understanding & Experience

It’s no secret that commercial real estate deals can be very complex. As such, it is vital that you choose a broker that not only has a good understanding of the market, but is also experienced in the area of…