Obtaining a commercial space that meets your business needs can be challenging. You must consider many things during your search for commercial property, such as: Location Size Price Lease terms Once you find a place that meets your needs, it is time to begin creating...
Real Estate Law
Your obligations to tenants when you sell a commercial property
If you own commercial property in New Jersey with multiple tenants, what are your obligations to them if you sell the property? Whether it’s an office building, a shopping center or a mixed-use property, it’s crucial to understand your responsibilities under the...
Am I allowed to sublease a commercial property?
Leasing commercial property is usually much more expensive than renting residential property. This is because commercial property tends to be much bigger and is intended for businesses. So when circumstances lead business owners to scale down, move elsewhere, or shut...
A buyer’s checklist when buying commercial property in NJ
Owning a piece of commercial real estate in Passaic, New Jersey can be a significant achievement. But while ROI on commercial real estate can be attractive, this type of investment (like any other) comes with its share of risks. And this underpins the importance of...
Commercial real estate: Should you buy or lease?
If you have the capital available, you might be thinking about whether it’s a good idea to buy a piece of commercial real estate as opposed to leasing one. The answer will always be dependent on what’s right for you and what your wants and needs are. With pros and...
Two red flags to look out for when buying a commercial property
Investing in a piece of commercial real estate is no easy decision. You’re looking for a place that gives you everything you need to run your business while not costing the earth. You can find yourself faced with any number of challenges including cost, location and...
Is investing in commercial real estate risky?
Real estate is among the leading investments that have proved profitable for years. And many investors are gravitating toward commercial real estate. However, some people are hesitating to do so because they believe this field is riskier than residential real estate....
Can your commercial landlord stop you from changing usage?
Not all business ideas work out as well as hoped. Sometimes the best option is to give up and start afresh. That’s more difficult when you have a long time to go per the terms of a commercial lease, as walking away could cost you a great deal of money. So, rather than...
An important checklist when investing in commercial property
Whether it is your first or fifth transaction, real estate investment is a big deal. Given the legal and financial implications involved in real estate investment, it is in your very best interest that you get everything right the first time. The importance of due...
Does location matter in commercial real estate
Investors always gravitate towards commercial real estate due to its high-income yields, steady cash flow and outstanding appreciation value. This real estate type is extensive, from office spaces to apartment buildings. Thus, anyone can invest in commercial real...