Building owners and managers need to be aware of their obligations to their tenants for emergencies that can happen in buildings. Emergencies like fires, power failures, bomb threats, crimes, civil disorders, wild weather are just a few that could happen. Be prepared! Emergencies happen when least expected, so office-building and apartment managers must be ready […]
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Legal Definition Of A Shopping Center
There are all kinds of shopping centers from the smallest strip center up to the super centers. In a case in a federal bankruptcy court, the court was required to distinguish between a “shopping center” and other types of retail properties. The federal bankruptcy code did not define the term. The Third Circuit provided the […]
Read more.Major Categories For Commercial Investments
There are a wide range of opportunities out there in commercial properties. Commercial properties provide space for businesses, and the kinds of properties are as diverse as the businesses. Following are the major categories of commercial properties: Retail In this category are properties that are rented to tenants who sell goods directly to the public. […]
Read more.The Small Shopping Center–A Good Investment
When you are looking at shopping centers, bigger is not necessarily better. While a well-run regional or super-regional shopping center can produce a good financial return, so can a successful small-market shopping center. In many cases, the small town center can turn out a better return. One of the benefits is the control that the […]
Read more.Required Documents To Close Commercial Lease
Required Documents To Close Commercial Lease When all of the negotiations have been completed, the broker and tenant have agreed to the terms of the lease. Now all that is left is the lease closing. Often there are so many back-up papers that must be produced, examined and approved, the closing can be held up […]
Read more.The Type Of Buyer For Commercial Property
When we represent a seller of a commercial property, we try to determine, as soon as possible in the marketing process, what type of buyer is most likely to be interested in this particular property. We then focus the main appeal on those elements that are most important to that type of buyer. Normally there […]
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