The Commercial Minute

Q1 2020 Commercial Market Report

Even with recession chatter and it being an election year, the economy is still growing especially in Colorado, which has one of the strongest retail markets in the country, showing the depth of disposable income available in the area. The strength of the economy plus low unemployment, low interest rates and high consumer confidence show that 2020 will be another strong year for business development and thus commercial real estate.

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Colorado CRE Business Owner Resources for COVID-19

A combination of factors come together to determine office building classes and what buildings meet the criteria for Class A, Class B, or Class C. Sometimes referred to as “Metropolitan Base Definitions,” building class definitions are used as a tool for standardized comparison to determine the types of tenants or building buyers who may be attracted to a particular office building.

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The ABC’s of Office Building Classes

A combination of factors come together to determine office building classes and what buildings meet the criteria for Class A, Class B, or Class C. Sometimes referred to as “Metropolitan Base Definitions,” building class definitions are used as a tool for standardized comparison to determine the types of tenants or building buyers who may be attracted to a particular office building.

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The Process of Buying Commercial Real Estate

Transworld suggests working with a quality commercial real estate attorney, your financial planner or tax accountant, and a commercial broker. These professionals will be able to help you consider the full picture and repercussions of buying property and will help manage the transaction process on your behalf. If you’re unsure where to begin, ask for recommendations for experienced professionals from your commercial broker.

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Commercial Real Estate Laws – What You Need to Know

The most important commercial real estate laws are those concerning landlord-tenant laws, disclosure laws, and zoning laws. There are also several things to know about buying insurance and local ordinances. Landlord-tenant laws and regulations, including security deposits, lease interpretation, zoning limitations, and other laws and regulations, are especially important.

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The Types of Commercial Property

The term commercial real estate is fairly general and refers to a host of commercial property types from traditional office buildings and office condos, to land slated for development, farmland, warehouse space and even a bowling alley. At its most basic, commercial real estate describes any type of real estate that is used for the purpose of making a profit for the building owner.

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Q4 2019 Commercial Market Report

Even with recession chatter and it being an election year, the economy is still growing especially in Colorado, which has one of the strongest retail markets in the country, showing the depth of disposable income available in the area. The strength of the economy plus low unemployment, low interest rates and high consumer confidence show that 2020 will be another strong year for business development and thus commercial real estate.

Read More »

3 Lease Options For When You’ve Outgrown Your Space

So you’ve been fortunate enough to scale your company and continue to hire on new employees, but there’s just one problem. Your leased space is now too small! A cramped space won’t do when your team is trying to be productive and professional for clients. In this article, Transworld Commercial Real Estate will outline the typical options for a business to lease space in Colorado.

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Determining Commercial Property Value

Determining the value of commercial real estate is more art than a science. An experienced commercial broker knows how to combine market knowledge and data with the appropriate valuation method to develop a commercial property valuation for the current market. The following discussion will outline the four main methods for commercial real estate valuation. These methods can be used to develop a baseline for understanding the value of your commercial property.

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How Will the 2020 Election Affect Commercial Real Estate?

Financial advisors and brokers alike have been keeping a close eye on the economic indicators to determine what the next few years may bring – including a possible recession. Though some economic indicators are slowing down, the United States’ economy will likely continue with its expansion through 2020. This strength will provide the foundation needed to keep pushing the commercial real estate market along, including in the Colorado market. This market view is confirmed by a Deloitte survey of brokers, building owners and investors where 15% said they were very optimistic about the outlook of the commercial real estate industry over the next 18 months and 61% were somewhat optimistic.

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4 Reasons To Buy Commercial Property in the New Year

The start of a new year is a hopeful time and an opportunity to set goals and build a growth strategy for the new year. Transworld wants to help you make good on your business goals and clue you in to some of the benefits of buying commercial real estate for your business. The timing of the market is great for real estate ownership – see why we think so in our top four reasons to buy commercial property in the new year.

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Top 5 Tips for Negotiating with Your Landlord

A good lease negotiation process is all about the art of compromise. In the following article, Transworld Commercial Real Estate will share our top tips for negotiating with your landlord to ensure your making the right decisions for your commercial lease and your business when it comes to your lease contract.

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