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It seems “unprecedented,” is one of the most-used words to describe 2020. Yes, the pandemic has caused a widespread ripple effect, touching every industry in one way or another. But the commercial real estate (CRE) industry is no stranger to economic downturn. The cycle has always been: recovery, expansion, hypersupply, and recession. While building design […]

For commercial property owners and landlords, the word “vacancy” can be troubling. A commercial property without a tenant is a costly unused asset. Even a property owner with multiple tenants can feel the weight of just one empty suite. And over time, the financial strain compounds with each expiring lease. Filling a commercial property often

Zoom Video stock hit a record high as of June of 2020. The teleconferencing company is just one of the tech companies that became a necessity due to COVID-19. Within just a few short months of the first case of COVID-19 reported in the U.S., tech stock soared. Google’s parent company, Alphabet Inc., watched its

The tenant-landlord relationship is a unique business partnership. The landlord offers valuable space in the right location to house the tenant’s business. And in return, the tenant provides cash flow and profitability for the landlord. Both sides have to maintain a certain level of benefits to each other to make the relationship successful. But how

Requirements Due to COVID-19 “Masks Required” signs are hanging on display windows. Some big-box chains have limited their occupancy to 50 people at a time. And many restaurants have blocked off every other table, seating their patrons six feet apart. A large number of businesses now require customers and employees to wear masks and gloves

CRE Advisors Understand the Terminology of a Lease Lease wording can be challenging to navigate. They are designed to cover the vast majority of the details regarding payment responsibilities and facility upkeep. But the legalese and real estate-specific terminology can be confusing for business owners who are not in the CRE industry.  Many leases, especially

Anyone who has had a commercial lease can attest to the complicated terms, wordy clauses, and fine print involved along the way. Phrases like “gross lease,” “net lease,” or “pro rata share” easily cloud readers’ understanding of what it is they are actually signing. Many commercial tenants have stories about their lease idiosyncrasies that created

The Recent History of CRE vs. the Post-Pandemic Outlook At the beginning of the year, we discussed the trends for commercial real estate and reviewed the 2020 outlook for healthcare real estate. At the time, we were riding out a record-breaking expansion cycle with excitement for the future of CRE. But it’s no secret that