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Posts tagged "Commercial Real Estate"

How to handle issues related to due diligence

Prospective buyers of Texas commercial real estate generally want time to do due diligence. This may include looking at any leases, liabilities or zoning information about the property. Buyers may also need time to secure financing because sellers may not allow contingencies based on financing in an offer. It is possible that a buyer may begin the process of gathering information about a property before making an offer.

IoT may help to transform the CRE market

Texans who are involved in the commercial real estate market as developers or owners might want to consider installing smart building technologies. When developers and owners are able to market buildings that contain these advanced technologies, they may be likelier to attain full occupancy rates.

June construction spending down overall, office construction up

This week, the Department of Commerce reported that overall construction spending dropped by 1.3 percent in June. This represented the second marked drop in the last three months. Moreover, spending on government construction projects fell by its largest percentage since 2002.

Texas a top state for foreign investors in commercial real estate

According to a recent survey, roughly half of the members of the National Association of Realtors reported an increase in commercial real estate transactions involving investors from outside the U.S. in 2016. And Texas is one of the top three markets for foreign investors.

Zoning laws land golf complex in the rough

Before you can open a business in a particular location, you must first ensure that the area is zoned appropriately. However, even if the city approves your plans and says you can move forward with your plans, objections can arise and threaten the future of your business.

Consider these factors when searching for, and negotiating leases on, commercial space

Your office space is much more than just the address you put on your letterhead. The space dictates what your business is and what it can become. It also sends an important message to your current and prospective clients.

Negotiating a commercial lease? The clock is ticking

Negotiating any type of contract or agreement as a business owner can be a complicated task. Often, contracts involve significant paperwork and legalese that seem tedious, but it is crucial that parties to a contract examine these documents thoroughly. Remember, too, that in addition to these contracts being dense and complex, you can also be working against a ticking clock.

How important is due diligence when buying real estate?

If you are interested in purchasing commercial property in Houston, having the right information at your disposal is crucial. Fortunately, there are steps you can take to properly vet a piece of property before buying, which will help you determine whether the purchase will make for a sound investment.

Tips on buying commercial property

Investing in commercial property can be a great way for Houston entrepreneurs to expand their reach. However, it’s important to be vigilant when pursuing a potential purchase to prevent any issues from occurring down the line, including a loss of capital if the property ends up being unfit. Our legal team at The Jackson Law Firm believes in supporting local business owners by providing quality legal advice. Our knowledge of the legalities of commercial real estate can assist buyers in making an informed decision.

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