Investors in commercial real estate have many exciting and rewarding options. One type of commercial real estate that is unique is the mixed-use building. A mixed-use building typically includes both multi-family units and office or retail spaces. This unique combination of two property categories makes investing in them well worth it. Below are a few of the advantages of mixed-use buildings in Maryland.
Archive for the ‘ Commercial Development and Consulting ’ Category
When it comes to investing in real estate, understanding the unique differences between owning commercial property and residential property can inform your decision-making process for your investments overall. There are some key perks that come with owning commercial property compared to residential properties. The reality is, investors are always on the hunt for the best real estate that’ll provide them with the maximum return on their investment. Ultimately, owning commercial property can really be a great way to boost your investment portfolio and so much more. Here are the unique perks associated with owning a commercial property versus a residential piece of property.
How would you feel if clients started describing your commercial building as old, out fashioned, or obsolete? Or worse, all the neighboring buildings are fully occupied while yours has several vacancies. Perhaps, it happens. One of the triggers of low occupancy is the failure to remodel and renovate commercial buildings. Here are the benefits of commercial remodeling.
The housing market has reached a fever pitch in 2021, with fewer homes available for sale and very high demand. Among those looking for residential property are commercial real estate investors. Perhaps you are one of them. Converting commercial real estate into residential is a common practice, but what about residential to commercial? Here are a few pointers concerning this approach.
Commercial development can look like various things, such as the construction or reconstruction of data centers, warehouses, self-storage, retail, or office buildings. Constructing new buildings in a local area can have its pros and cons, but it can certainly have several benefits if it is done right. Below are at least three benefits of commercial development.
Many go-getting investors dream of becoming a landlord or property manager and build that oh-so-valuable passive income over time. Many people use passive income for all sorts of reasons, such as retirement planning, supplementary income, or to save up for something they love like hobbies or vacations. Regardless of the reasoning, the world of real estate investment and commercial management is not as easy to get into as you might think. One way to make things a lot smoother is by employing the services of real estate consultants. Want to know more about real estate consultants and how they can help make your real estate dreams come true? Read this! (more…)
So you’ve set your sights on some land and are considering zoning it for commercial use. That’s great! But, you may be feeling a little uneasy about what the project may entail, especially if this is your first time at the commercial property development rodeo. The real estate consulting industry can be hard to navigate. There are so many factors that create a commercial property from scratch, such as legal, financial, and safety requirements. Plus, that doesn’t even include the architects, designers, construction crews, and tenants that will be involved in the actual building and renting process! Luckily, there are many people that are experienced in helping you make your commercial property development dream a reality, like us at Clagett Enterprises. Here’s how to find your footing today! (more…)
If you are on the lookout for a brand new office real estate location for your company, you are likely facing hundreds of vacant commercial lots or properties to choose from. But, especially for a brand new start-up or rapidly expanding company, you may be having trouble figuring out what size of office real estate will work best for your company. Many people that are inexperienced in the world of office real estate may simply look at a property and say, “This will do” and sign a lease, even if it, in reality, will not suit their company’s needs properly. Make sure to read this if you are looking into purchasing or renting office real estate to make sure your company will be getting the right size for its operations! (more…)
Most adults know what the word real estate means: a property that is available for sale. Most adults also know that there are two different types of real estate; residential and commercial real estate. What most adults don’t know is that each type of real estate is very different from one another, even though both have to do with buying property. For instance, if you are interested in investing in either, you’ll have to know the major differences between the two, or some serious mistakes could be made. Before investing in residential or commercial real estate, understanding the differences between the two is essential. Here’s a quick guide to their similarities and differences. (more…)