No investment analysis would be complete without an evaluation of life span for commercial building components. These are truly unique for every commercial property and greatly depend on the quality and history of its individual components. Below, we take a look at the most important building features and typical life expectancies. Building Structures The building […]
Understanding property life span is critical to investment decision making. Given that estimates can vary based on a multitude of factors, it is equally important to understand commercial property life span factors. In this article, we take a look at common factors affecting Boston commercial properties. Weather and Exposure The environment and weather play a […]
Most Boston commercial office space leases include both usable and rentable square feet. Understanding how these differ and how they should be positioned is essential to compete with other properties and lease a space for maximum value. Here’s a closer look at usable versus rentable square feet. Usable Office Space Usable office space includes square […]
Although commercial vacancy rates in the Boston area have remained steady, competition for elite tenants is high. Landlords must therefore find ways to set themselves apart. If you are not quite sure what approach you should take, consider these three ways to attract commercial tenants in the Boston market. Incorporate Technology Technology is at the […]
Commercial real estate leasing has changed dramatically over the years. From property amenities to market conditions and tenant qualifications, the scope and depth of information that must be considered by landlords has grown. Before you list your property for lease, consider these Boston commercial leasing tips for landlords. Attract the Right Tenants Identifying your preferred […]
Internet connectivity is crucial for businesses operating in today’s modern world. It therefore comes as no surprise that internet connectivity impacts office lease rates. What factors contribute to connectivity quality? And how can building owners get their infrastructure certified? Measuring Internet Connectivity There are different ways to measure the quality of Internet connectivity for a […]
From a simplistic view, CRE market value is influenced by demand, supply, property utility, and transferability. However, there are a wide range of factors that contribute to those 4 components. These supplementary factors can be grouped into location, market, appraisal, leasing, and building characteristics. Let’s take a closer look at each one of these. Location […]
Property appraisals are a detailed financial analysis to determine exact market value at a distinct point in time. They are often performed when properties are bought and sold, with their results having major impact on the purchase and finance of CRE properties. Although appraisals generate exact values, they may be calculated using 3 different methods […]
Whether you are evaluating a potential investment, estimating taxes or insurance, or looking to list your property for sale, you will need to estimate value using reliable methods and calculations in order to make smart business decisions. Below are key CRE valuation approaches for Boston Commercial Properties. CRE Property Value CRE property value is one […]
The concept of office space leasing has changed dramatically over the last 10 years with the introduction of shared office space. In and around major cities such as Boston, this trend is growing rapidly with both small and medium sized companies. Why is this option so appealing? Here’s a look at the reasons behind […]
