Brokerage (5)

Legacy Flex Industrial Advantage

What a difference a decade makes.  It was 2008 and the flex industrial real estate market was not exempt from the same exposure as the mass market.  The exposure was the result of financial markets in complete turmoil. Consequently, flex industrial inventory was robust and many sellers were happy with any offer at all as the ability to finance such investments was very limited.    Basic economics of supply and demand diminished values greatly.  All new projects and developments were scraped and most in the industry were simply trying to survive.  (more…)

Make the most of your lease renewal negotiations

As the lease expiration date approaches the eighteen-month mark, tenants should be thinking about their future plans to make the most of your lease renewal negotiations. It is important to allow enough time to evaluate the market so that you can make the decision that is best for your business.  (more…)

Holdover Tenants: What are the Property Owner’s Rights?

With current vacancy rates for commercial and industrial properties being at an all-time low, the incidence of holdover tenants occupying their units beyond the contractual expiration date of their lease is much more prevalent.  Institutional landlords (REITS) already have provisions in their leases that address this issue. However, private landlords are often unprepared for dealing with tenants who stay beyond their lease expiration date.

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How not to sell your listing short

Every commercial-industrial property sale includes a due diligence period prior to the settlement date. More often than not, the buyer finds structural defects or mechanical systems issues that require repairs or remediation. That’s when the negotiation begins as to how to remedy the potentially costly problem. The seller is anxious to move forward towards the settlement. Often, the solution to the problem is to reduce the selling price to cover the cost of repairs or remediation of the property. You’ve sold your listing short.

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Just listed | 957 Sf office space for lease in Whitehall | Private entrance, 2 private offices and 3rd possible conference room with reception area http://ow.ly/61Iq50y0U3W #CRE #CommercialRealEstate #officeforlease #officeforrent

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Matt Macdonald with Markward Group represented Fluortek in the purchase of a 20,295 SF flex building on 2.14 acres. Fluortek plans to open a 2nd production location and bring up to 25 additional positions to the Lehigh Valley. http://ow.ly/p9Lk50xYvck #CRE #CommercialRealEstate

2 office spaces available in Downtown Pottstown Professional Center | 2,482 SF & 6,000 SF | Space use: office, medical professional, parking available http://ow.ly/sBmx50xXkq6 #CRE #CommercialRealEstate #officeforlease #officeforrent

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