The Single Tenant Triple Net (STNL) market has been on fire the last few years, with a slew of new buyers looking to acquire a STNL.
Many of these buyers are first time purchasers of commercial property. A basic law of economics states that if there is an increase in demand and stable inventory available then prices must increase. This is exactly what we’ve seen over the last few years as CAP rates have continued to compress.
Read MoreBy George Pino
All too often I receive inquiries from a potential seller that wants to “get the highest price” for their property, but does not want to list it, or market the property. This seems counter intuitive, especially to the basic law of economics, supply and demand.
Read MoreBy Richard Cheng
The retail market in Los Angeles is made up of many shopping destinations such as malls, lifestyle centers, and strip centers that total 192 million sq feet. During 2017, lifestyle centers gained popularity because of their open-air design and layout, which included hip and trendy restaurants, smaller sized retailers, apartments, offices, and entertainment options.
Read MoreWith every New Year, many people reflect back on the previous year, what they’ve accomplished, and what they could have done better. Although important, I believe it is equally as important to look forward. It will help determine what the New Year is bringing, and what will be the best course of action for you to accomplish your goals this year. After all, the most valuable commodity for any real estate agent is time.
To maximize the effectiveness of an agent’s and your time, one must be able to address and answer specific questions. Following are some questions every agent should know the answers to, so they can be efficient and increase the odds of success for their clients.
Read Morein this day and age, many agents don’t seem to take the time to understand their clients’ business needs and wants. Perhaps they are too inexperienced to ask the right questions? After all, if you were to hire an employee, you would interview them before offering them a job wouldn’t you?
So what is a client to do? Well, I suggest you “interview” the broker. Ask the agent questions before hiring them.
Read MoreThe Single Tenant Triple Net (STNL) market has been on fire the last few years. A slew of new buyers are looking to acquire a STNL. Many of these buyers are first time purchasers of commercial property, and many are unsure of how best to analyze the strength of the investment.
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