Ofir Ventura | Blog
Over the next couple of years, the commercial real estate industry is expected to change a lot. This change seems to be brought on by the adaptation of new technology.
With commercial real estate, it might be tempting to expand constantly. However, sometimes the best way to invest your money is to make improvements to your existing properties.
Flex spaces provide a more cost-effective way for businesses to set up an office work area. Although it makes sense for new businesses to lease flex space for periods of one month up to three years, businesses of every size have started using flex spaces as more...
The simple definition of a mixed-use property is a piece of land or a building that contains both residential and commercial space. As its name implies, a mixed-use property includes a mixture of residential and commercial property. In addition, mixed-use developments can contain cultural buildings such as museums, entertainment venues like theaters, and institutional buildings such as hospitals or colleges.
The world of commercial real estate is complex. Professionals should know the terminology.
It’s a big investment for any business to sign a commercial lease agreement. The agreements in a contract between a landlord and lessee can either help or overwhelm. Especially with different interpretations, a contract can create if vague language exists. Some terms to consider are the length of lease, rent, and whether a lease is net or fully-serviced. It’s in the best interest of an incoming business and the property owner to fully understand their entitlements or lack thereof.
Predictions have been made regarding various matters from technology to real estate, among others. However, making the right prediction in a year that is marked by a global pandemic is challenging. As the COVID-19 pandemic continues to create havoc in many countries globally, the real estate industry has dealt a big blow.
2020 drastically changed general trends and necessities for many different industries, and the commercial real estate market is no different. Whether it be virtual showings, marketing real estate online during an economic downturn, or the shift to remote work across...
When you begin to invest in industries, you should know what you’re getting into. Commercial real estate is a good place to start investing because it offers higher rewards than some residential investments, and the lease tenures are typically longer. There are plenty...