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November 2017 Archives

How to get out of a commercial lease

Business owners in Texas and around the country strive for success. In some cases, this means that it is time to move to another area or to a building with more space. However, this may mean that it is necessary to break an existing commercial lease. A business owner may be able to prepare for this by negotiating exit language in the lease before it is signed.

How to invest in commercial real estate in 2018

Texas residents that are looking to invest in commercial real estate may be interested in learning about the trends for 2018. Several ideas were discussed relating to industry trends at the 2017 REALTORS® Conference & Expo that recently took place. For instance, the media may be talking up the fact that companies are buying office space in cities again. However, that may generally be restricted to large companies that should never have left in the first place.

CRE lenders becoming concerned about climate change risks

The potential effects of climate change and how soon they could have an impact are the subject of contentious debate in Texas and around the country, but the consequences of anticipated rising sea levels have already prompted some commercial real estate lenders to reevaluate their positions on coastal developments according to a panel hosted by the Commercial Industrial Association of South Florida. However, funds may still be readily available to developers in municipalities that have taken steps to address the threat posed by climate change.

Drones open up opportunities and concerns for property owners

As the popularity of small personal drones grows, commercial property owners in Texas have new concerns to think about in terms of drone use and access at their locations. The devices are not only fun for users to fly and manipulate; they are often equipped with high-powered video cameras that allow anyone to take great aerial shots. Not only do customers and neighbors use the drones, they are being used widely by businesses in sales, marketing, construction, inspection and the real estate industry itself.

Commercial real estate pros slowly turning to data analytics

Large and small commercial real estate companies throughout Texas have traditionally guarded their internal data as a company asset. The industry has been slow to partner with data analytic companies because early experiments resulted in firms losing control of their data. Some real estate firms tried sharing their data with companies that would collect and curate data, but they then watched their data get repackaged into new products and sold to anybody.

Halloween pop-up stores an innovative way to fill spaces

In Texas and across the rest of the U.S., an increasing number of retail stores are closing their doors. The retail industry has always operated at razor-thin margins, and online retailers such as Amazon have transformed the industry. Commercial real estate owners have turned to innovative ways to help fill their vacant retail spaces in malls.

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