Fighting off lichen is a year-round issue for commercial properties Every winter here in the Pacific Northwest when the rain starts its months-long deluge, something terrible begins to stir. No, it’s not Sasquatch. OK, maybe it’s also Sasquatch, but this monster is seen almost everywhere! Yes, it is that slippery, fast-growing nuisance we know as … Continued

Have you found a retail space for your business and are ready to sign a lease? Here are three things you need to know   Groucho Marx: All right. It says the first part of the party of the first part shall be known in this contract as the first part of the party of … Continued

Major anchor stores bring in small businesses and thriving local economies “Retail” is the term we use to describe any space where customers physically come to the space to conduct their business. From shopping malls to grocery stores, from nail salons to banks, all of these businesses operate out of a retail product type.   … Continued

The relationship between a property’s income and CAP rate is used to determine its value Commercial properties which are bought & sold for investment purposes are valued quite differently than one purchased for occupancy purposes (so-called “owner-user” buildings). The biggest difference is that owner-users are buying the real property itself, while investors are buying not … Continued

Preventative maintenance is key for keeping your industrial space open for business We all have them at our homes, but nowhere are roll-up doors more prevalent than at industrial facilities where you can often find rows and rows of them on commercial buildings. While at home most of our interactions with our roll-up doors consists … Continued

‘Buy land. They ain’t making any more of this stuff. – Will Rogers Owning real estate is an excellent way to preserve, if not grow, one’s wealth. While it can certainly be subject to the whims of the market, real property, unlike stocks or other investment vehicles, will never be worthless. That said, you still need … Continued

Management companies work hand-in-hand with multiple vendors to keep tenants and owners happy In commercial property management our vendors, or suppliers of necessary services, are one of our most valuable assets. Happy vendors translate to more responsiveness, better pricing and placement at the top of their list when things do go wrong. Here are some … Continued

Then look no further than the beautiful Kitsap Peninsula! Just a short ferry ride west of the Seattle metro area, Kitsap County is truly a diamond in the investment property rough. As the market returns with a vengeance, investors who limit their search to primary markets are blind to some of the incredible opportunities in … Continued

Knowing what questions to ask before signing a lease keeps tenants knowledgeableand owners true If you’re shopping for new space for your business, chances are you’ve seen a variety of different lease structures. From Full Service to Modified Gross to NNN (Triple Net), and depending on what your lease structure is, $12 per square foot … Continued

Under capitalization remains a driving force behind the success or failure of new businesses For entrepreneurs thinking about starting a new business, proper capitalization and budgeting is paramount. According to the US Bureau of Labor Statistics, “about half of all new establishments survive five years or more and about one-third survive 10 years or more. … Continued