Estate Archives

COMMERCIAL REAL ESTATE

Grand Rapids Commercial Real Estate on CARWM

November 28, 2020 [email protected]_84 CARWM, Commercial, Estate, Grand, Rapids, Real

Vacant Land For Sale

Grand Rapids, MI 49534

1.12 Acres, $375,000

Office, Retail –

Here is one of the best Values of Commercial Land offered for sale on M-45 just West of the ever expanding Standale Business District. Prime 1.12 …

Shopping Center For Lease

Grand Rapids, MI 49508

2,000 – 8,800 SF, $8.50 – 12.25 PSF (Annual)

– Full service curb-cut onto 28th Street.
– Space for drive-thru on end cap.
– Great location for QSR.
– Daily traffic counts exceeding …

Office For Lease

Grand Rapids, MI 49525

557 – 1,236 SF, $12 – 18.75 PSF (Annual)

Join the vibrant and thriving community of Celebration and Knapp`s Corner. Shadow anchored by a Meijer and an IMAX theater. Monument signage …

Office For Lease

Grand Rapids, MI 49505

775 – 6,749 SF, $12 – 14 PSF (Annual)

Office Building –

Northbrook Office Park is the premier office park along

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COMMERCIAL REAL ESTATE

Commercial Real Estate: 2020 Year in Review

November 19, 2020 [email protected]_84 Commercial, Estate, Real, Review, Year

Commercial real estate (CRE) has had a very volatile year. At the start of 2020, commercial real estate was well poised for continued growth and expansion with high optimism among all sectors, but the onset of the global pandemic shook the CRE market, turning many sectors upside down and creating uncertainty and concern for short- and long-term performance for many sectors. As 2020 comes to a close, let’s see how commercial real estate has fared and things to look for as we move into a new year.

The impact of coronavirus on commercial real estate

Initial shutdowns relating to the global pandemic caused major disruptions to the commercial real estate market in Q2 2020. Supply-chain interruptions, government mandates, and social- distancing protocols created a shift in demand across all sectors. As the economy started to reopen in early to mid summer, several sectors saw improvements returning to more normalized activity

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COMMERCIAL REAL ESTATE

Commercial Real Estate | Conway Commercial

November 16, 2020 [email protected]_84 Commercial, Conway, Estate, Real

Already working with an agent?

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COMMERCIAL REAL ESTATE

Understanding the 8 Types of Commercial Real Estate

November 12, 2020 [email protected]_84 Commercial, Estate, Real, Types, Understanding

Reonomy’s definition of commercial real estate is anything larger than a single-family home.

So, anything from a duplex, all the way up to the largest buildings in the country.

While official classifications can vary from county to county, generally, commercial real estate can be broken down into eight major categories.

Below, we’ll run through the eight different types of commercial real estate, looking at each of the following:

We’ll explore different building types, property and land use types, and skim through some examples of each asset class along the way.

Click here if you’re looking to read up on the different property class levels in CRE.

1. Multifamily

Multifamily properties are the go-between for residential and commercial real estate.

While they can serve primarily as a residency, the general purpose for the property type is for investment (owner-occupied or not).

The multifamily asset class includes everything from a duplex up

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COMMERCIAL REAL ESTATE

Zillow Commercial Real Estate Listings? (where to look)

November 5, 2020 [email protected]_84 Commercial, Estate, Listings, Real, Zillow

So, you’re scouring the internet trying to find Zillow Commercial Real Estate Listings but can’t find them. You’re not alone. Thousands of people try finding commercial real estate listings on Zillow every month without success.

Finding commercial property on Zillow can be a real pain, but there’s a reason.

Zillow doesn’t provide access to commercial real estate listings.

They focus on residential real estate like homes and townhouses — not commercial property. So, how do you access Zillow Commercial Real Listings if they’re not available?

Just search google for free “commercial real estate listings websites”

l estate listings websites

Then, go through the organic search results (disregard ads) and pick the website that looks most promising to you

Zillow commercial real estate Listings

Find commercial properties and save time with our free commercial real estate search engine.

We recommend to search for commercial real estate listing websites that are free to use. Some charge a subscription fee before

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COMMERCIAL REAL ESTATE

Las Vegas, NV Commercial Real Estate for Lease

November 3, 2020 [email protected]_84 Commercial, Estate, Las, lease, Real, Vegas

Las Vegas, NV Economic Overview

Just about a century ago, Las Vegas was an oasis that only served as a watering stop for travelers moving to and from Los Angeles. No one could have imagined what it would grow to be today—the crown jewel of Nevada and a world-renowned metropolis. Located in a valley at the heart of the sprawling Mojave Desert, Las Vegas is a massive theme park and a gambler’s haven. Its famous casinos decorate the city limits on the Las Vegas Strip and fuel its dazzling nightlife. Along with stunning replicas of world landmarks and a vibrant hospitality industry, these Las Vegas features continue to attract millions of visitors from all over the world and inject billions of dollars into the local economy. To say that the Las Vegas commercial real estate market is diverse would be an understatement.

The City of Las Vegas enjoys

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COMMERCIAL REAL ESTATE

Top 20 Commercial Real Estate Brokerages

October 30, 2020 [email protected]_84 Brokerages, Commercial, Estate, Real, Top

Commercial real estate brokerage firms provide services for investors, owners and tenants by combining local market insight, specialized expertise and premier tools and resources. They assist clients with their purchasing, selling and leasing requirements based on their individual needs.

Many larger firms also offer additional services, like property, project and portfolio management, property appraisal and development, and business consulting.

While there are hundreds of commercial real estate companies worldwide, we compiled a list of the largest brokerages in the commercial real estate industry broken down by number of employees, value of global transactions, annual revenue and annual EBITDA.

Here are 20 of the largest commercial real estate firms, including both public and private companies:

Publicly traded

CBRE

CBRE commercial real estate company

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s biggest commercial real estate services and investment firm (based on 2018 revenue). The company has more

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COMMERCIAL REAL ESTATE

14 Big Factors Driving Commercial Real Estate Trends This Year

October 29, 2020 [email protected]_84 big, Commercial, driving, Estate, Factors, Real, Trends, Year

The Covid-19 pandemic has created an unprecedented challenge for the real estate industry. Commercial real estate professionals have had to navigate new obstacles like virtual showings, finding buyers during an economic downturn and perhaps most significantly, the shift away from centralized offices toward full-time remote work.

The current climate and circumstances will continue to impact real estate trends in the months and years to come, and if you’re in the industry, it’s important to be prepared for what’s ahead. To help, we asked 14 members of Forbes Real Estate Council for their insights. Below they’ve identified the biggest factors driving commercial real estate trends this year and beyond.

1. Utility Management For Remote Work

One factor is the ability of some companies to effectively and responsibly manage critical business initiatives while telecommuting. Companies are evaluating the health, safety and necessity of their employees working remotely versus maintaining the

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COMMERCIAL REAL ESTATE

Best Places To Buy Commercial Real Estate in 2020

October 29, 2020 [email protected]_84 Buy, Commercial, Estate, places, Real

Key Takeaways

The commercial real estate market, not unlike the single-family housing and residential markets, is subject to cyclical trends. Investors are constantly on the lookout for how these trends might affect their individual markets for the foreseeable future and asking themselves: what are the best commercial real estate markets? These ever-changing trends and their impact are what drives an investor’s strategy on how they will edge out their competition. In order to better understand the current and upcoming commercial real estate market trends, it’s also important to review the trends that brought us to where we are today.

Understanding Today’s Commercial Real Estate Market

The real estate market has proven to be a reliable and successful wealth-building tool for investors in recent years and was expected to continue its growth in 2020. However, as the effects of the COVID-19 crisis have spread throughout the country, many are concerned

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COMMERCIAL REAL ESTATE

Commercial real estate flounders as housing market booms

October 28, 2020 [email protected]_84 booms, Commercial, Estate, flounders, Housing, market, Real

The rise of Zoom (ZM), Slack (WORK) and other productivity tools has made it easier for people to set up home offices and still get their jobs done. Meanwhile, Amazon (AMZN) and other digital retailers are flourishing amid the Covid-19 pandemic as the shift from bricks to clicks has accelerated.

“There will likely be less demand for commercial real estate due to the rising popularity of online shopping and working from home,” said Ivy Investments global economist Derek Hamilton in an e-mail.

That’s why giant corporate real estate firm Brookfield Property Partners (BPY) said it will lay off 20% of the 2,000 employees in its retail arm, which owns malls and other shopping centers that include Tysons Galleria in Virginia and the Grand Canal Shoppes at The Venetian Resort Las Vegas.

According to an internal e-mail obtained by CNN Business Tuesday, … Read More

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