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How Commercial Real Estate Affects Downtown

Wednesday, August 25th, 2021
How Commercial Real Estate Affects Downtown

Commercial real estate is more than just buildings; here’s its affect on America’s downtown areas.

Commercial real estate is merely the buildings that house people and their services and amenities. Commercial buildings are schools, stores, offices, restaurants, and cultural centers. It is where communities thrive in a way not feasible in a residential house. Likely, investors, owners, and property managers of CRE know this, and know just how important their buildings are. Below is a brief look at how exactly commercial real estate affects downtown in particular.

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Posted in Commercial Sales

The Open Office Layout: Pros and Cons

Wednesday, August 4th, 2021
The Open Office Layout: Pros and Cons

Should your new business location have an open layout? Here are the pros and cons.

When looking for the perfect office space, you want to have your criteria straight. Every part of your business office needs to serve a purpose, and part of this space is its layout. What kind of work environment does your business need? Everyone has their preferences, but the trend of the open office layout is undoubtedly booming. Below are the pros and cons of the open office layout to bear in mind.

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Posted in Commercial Sales

Why Micro-Units are a Popular Choice in Office Real Estate

Wednesday, April 28th, 2021
clagett office real estate

Just because your office real estate is tiny doesn’t mean it can’t be effective!

Focusing on micro-units in office and retail real estate can make all the difference for your business. In fact, with “affordable housing” continuing to be the buzzword of the past decade, business owners are starting to find ways to make the most out of their real estate investments. This ultimately means that as costs of living continue to rise, developers all around the area are focusing on affordable housing options for their customers. But, there is also an affordability crisis that is taking place among entrepreneurs and startups. How so? The cost of commercial space has sky-rocketed over the last few years. This has brought in the rise of micro units and why they are becoming increasingly popular among office real estate needs for businesses. Here are just some key reasons micro-units are becoming a mainstay in office real estate these days. (more…)

Posted in Commercial Sales

Should I Make Commercial Property Out of a Residence?

Friday, March 26th, 2021
clagett enterprises business space

Converting an old residence space to a commercial property requires a lot of steps.

In recent years, converting unused commercial property to residential property has been a trend to make use of already available resources. Stories of taking old shopping malls and making the store spaces into micro-apartments have gone viral. But there is value in the other way around as well. In some areas, especially historic or crowded urban areas, commercial property space is at a premium. One solution is to convert a residence into a commercial property business space. But how does one do this, and is it worth it? Read more to find out.  (more…)

Posted in Commercial Sales

Office Space: Rent or Buy?

Wednesday, February 3rd, 2021
Office Space: Rent or Buy?

Which is better: to rent or to buy office space? Here are the pros and cons of each.

There is one tough question that every business owner must face at some point: should you rent or buy office space? The benefits of even having a physical office location are apparent. Communication, collaboration, and bonding are at their best when in-person, and customers can see that you are here to stay when you’ve invested in a building. In other cases, a physical location is essential to providing your services. No matter what type of business you have, the question of whether to rent or buy office space is often muddy and nuanced according to each company’s circumstances. However, the classic list of what each has to offer can help you in your decision.

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Posted in Commercial Sales

Investing in Industrial Real Estate

Thursday, January 21st, 2021
Investing in Industrial Real Estate

Industrial real estate investing may be a better deal than you think.

Commercial real estate investing is one of the most stable forms of making a living. However, it takes considerable skills and knowledge of the market to perform wisely. One of the choices an investor must make is what type of property to invest in. Believe it or not, industrial real estate may be a better choice for you than office, retail, or multi-family properties. 

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Posted in Commercial Sales

The Best Time to Buy Commercial Real Estate

Wednesday, January 13th, 2021
The Best Time to Buy Commercial Real Estate

Is there a best time to buy? Here are a few tips on when to invest.

Life is unpredictable, but some things are more bound to follow patterns than not. The commercial real estate market is no exception. Investors seeking to improve their buying strategies will quickly realize that timing is one huge factor in investing smart. Below is a brief look at what the best time is to buy commercial real estate.

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Posted in Commercial Sales

What Is an Office Condo?

Wednesday, December 16th, 2020
What Is an Office Condo?

Looking for an office condo? Clagett Enterprises now offers ones in Conley Farm.

Businesses have a lot to look forward to in 2021. With the year almost over, one may believe that remote work is the new normal. Even so, there is still value in physical office locations and hope that companies can make use of this asset in years to come. If you are looking for new office space in the coming year, the office condo may be for you.

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Posted in Commercial Sales

The Perks of a Business Park

Wednesday, December 9th, 2020
The Perks of a Business Park

Why are business parks a great asset for your community? Several reasons make them great.

Commercial real estate investors have a lot of options. They can specialize in multiple types of CRE, including office buildings. One type of office building that one might overlook is the business park. Are business parks obsolete? Will remote work and virtual service overshadow this form of real estate? Not at all! Here are several perks inherent to the business park.

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Posted in Commercial Sales

What Commercial Real Estate To Invest In

Tuesday, November 24th, 2020
What Commercial Real Estate To Invest In

What commercial real estate has been doing well during this trying time? Find out here.

Commercial real estate has undoubtedly taken a hit due to this year’s debacles. With the lockdowns and the increasing popularity of remote work, it might look like commercial real estate has taken a serious blow. However, because of the economic success in pre-pandemic months, some businesses are suffering less than one might think. In addition, some businesses have actually thrived during this time. If you are a CRE investor looking to broaden your portfolio, here are a few areas to check out.

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Posted in Commercial Sales

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