From Tenant to Owner: Saying Yes to CRE Investments

For many small businesses, growth signifies the need for more space. You might require more office space for your growing team or more warehouse space for storage. Depending on your industry, it may also mean you’ve simply outgrown your location. Whatever your company might need, taking the next step often means the purchase of commercial…

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Questions to Guide Your Search for the Perfect Office Location

There are a million factors to consider when starting your own business, expanding, or relocating an existing one. Answering these questions can help guide your search: What’s Your Budget? Real estate is all about location, location, location. By deciding upfront how much you’re willing to spend each month, you’ll be able to quickly narrow the…

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Spring Maintenance Tips for Your Commercial Property

There’s nothing quite like spring in North Carolina. Some would argue this is indeed the most beautiful time of year to live and work in the Tar Heel State. Spring is a great time to prepare your commercial property for warmer weather. Before diving headfirst into your spring maintenance checklist, use these tips to guide…

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Inflation’s Impact on Commercial Real Estate

The rising rate of inflation is on everyone’s minds. From the gas pump to the grocery store, we’re all noticing price hikes. Indeed, the Consumer Price Index jumped 6.8 percent over the last year, the largest increase the United States has seen since 1982. The Federal Reserve initially described the economic situation as “transitory inflation,”…

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Should You Invest in Commercial Space?

Much has been made about the end of the commercial office building since the pandemic began. While it’s true that more Americans are working from home than ever before, offices remain a popular option for many industries. Google, for instance, just paid over $2 billion for a state-of-the-art office building in Manhattan. Google CFO Ruth…

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Commercial Property Inspections: What You Need to Know

When you bought your home, you almost certainly had a home inspection performed. These inspections, mandatory for most mortgages, inform buyers of a home’s condition and any urgent issues or repairs needed. They bring peace of mind to both buyer and lender. When buying a commercial property, it’s possible your lender may also require an…

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