Richard Properties, LLC sold their retail/auto repair space. The building sold is a commercial property known municipally as 19011 E Quincy Ave, Aurora, Colorado. The buyer, KHayes Enterprises, LLC, purchased the property for $806,750 and the business for $370,000.
The Iacofano Group, LLC, leased a space from CFPM, LLC. The catering and events business will occupy the commercial property known municipally as 595 South Broadway, Suite #200, Denver, Colorado.
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.
For many business owners, owning the building you operate from is a dream. In Transworld’s experience, buying commercial real estate after working from a coworking space gave us access to plentiful parking, a central place the team could call home, and the advantage of our own conference rooms for client meetings. This was the best decision for our business and customers and has helped us reach growth milestones we’ve been working to achieve.
As a small business owner, buying commercial property offers a number of benefits that a commercial lease simply can’t measure up to. These benefits including acting as your own landlord (think you call the shots and customizations), tax benefits, equity building opportunities, and even options for better market power through building advertising. But how can you take advantage of a commercial real estate purchase in a tight commercial market like Denver’s where there is limited inventory for sale? There are a couple ways you can position yourself for a commercial property investment, to make the best use of the active market and they are as follows.
If you’re ready to invest in commercial property for your business, let Transworld Commercial guide you through the process. Transworld presents our top commercial real estate properties for sale or lease. Our commercial brokers can help you find the perfect commercial property for your existing business or your next venture – contact us today at […]
If you’re ready to invest in commercial real estate for your business, let Transworld Commercial guide you through the process. Transworld presents our top commercial real estate properties for sale or lease. Our commercial brokers can help you find the perfect commercial property for your existing business or your next venture – contact us today […]
If you’re buying commercial real estate in Colorado or thinking about selling your commercial building, hiring a commercial real estate broker is likely the first professional that came to mind. But have you put much thought into how to identify a reputable real estate attorney? Selecting an experienced real estate attorney to represent the acquisition of commercial space or the sale of your commercial property will give you the upper hand during the transaction process. In the following article, we will outline some questions to keep top of mind so you can feel confident when identifying a good commercial real estate attorney.