Development

THINGS TO AVOID WHEN CHOOSING A COMMERCIAL REAL ESTATE DEVELOPER

Summary: Scared of red flags in choosing a developer? That’s fine. No business venture is risk-free. There are always reasons to avoid hiring a developer. Knowing the warning signs and questions to ask can mean success or failure. Without some sort of risk, no new commercial real estate development is possible. Always expect challenges and […]

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ADVANTAGES AND DISADVANTAGES OF GROUND UP DEVELOPMENT VS. REDEVELOPMENT

While redevelopment and ground-up development are two distinct processes, they both attempt to change a plot of property such that a tenant can inhabit it. Both new construction and redevelopments help their communities by bringing in new businesses. Let’s look at the distinctions between new construction and redevelopment and weigh the advantages and disadvantages of

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EXPLOSIVE INCREASE IN COMMERCIAL DEVELOPMENT

Summary: New projects arose as technology and construction advanced, leaving older buildings unoccupied. Redevelopment is a fast-growing method of commercial and community development. Is it for you, though? New developments emerged as technology and building techniques improved, leaving older structures abandoned in the wake of progress. Reuse and redevelopment have become desirable, or even necessary,

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NAVIGATING COMMERCIAL DEVELOPMENT SITE SELECTION PROBLEMS AND ISSUES

Summary: Land purchasers and developers can avoid practically all site difficulties by consulting specialists and conducting thorough site investigations. This will boost future project success. Read for more. No site is without its inherent dangers, which range from neighborhood development regulations to subterranean issues. The feasibility of a project is eventually determined by evaluating those

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ENTERING NEW MARKETS WITH A PREFERRED DEVELOPER

Summary: While challenging, entering new markets is one of a company’s most thrilling endeavors. What can make it even more rewarding? Finding the proper partners to maximize it. A preferred developer can help you extend to new markets and beyond. Although opening a business in a new market is a significant move, it also puts

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DETAILS OF A BUILT-TO-SUIT LEASE NEGOTIATION

You must first negotiate a favorable build to suit lease to establish a solid foundation of terms before the development team is prepared to begin creating the basis for your build to suit location. The most popular type of lease is a triple net (NNN) lease, where the owner pays for roof and structural repairs.

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DIFFERENCE BETWEEN REVERSE BUILD TO SUIT AND BUILD TO SUIT

Summary: Still confused about the complexity of lease structure and its unique elements? Build to suit is a lucrative but challenging commercial real estate venture. When it comes to commercial development, it’s crucial to know your alternatives and ask the correct questions. A built to suit lease can be defined in several different ways, as

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HOW TO CREATE A SOLID BUILD TO SUIT WORK LETTER

Typically, the build to suit lease’s work letter contains the construction-related provisions. A tenant should be able to create a comprehensive, useful work letter with the help of a coordinated team of knowledgeable experts and some leverage. The tenant should be able to maximize any potential savings during the improvement’s construction, thanks to this. To

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3 WAYS TO CONTROL TROUBLESOME SETBACKS IN INDUSTRIAL DEVELOPMENT

Summary: Will you be able to steer a project when it takes an unforeseen turn? Commercial real estate development setbacks are tough to handle. Having the appropriate partners, preparing yourself, and having the right attitude can keep you on track. There are countless obstacles, roadblocks, and difficulties between where your project is today and where

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COMMERCIAL REAL ESTATE INDUSTRIAL DEVELOPMENT DO’S AND DON’TS

Summary: The next time you’re about to start a commercial development project, check this do’s and don’ts list and consider hiring a seasoned developer. It takes a lot of work to develop commercial real estate. Everyone could use some new advice or a refresher, whether they are starting a new business or have been involved

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