Monthly Archives: April 2016

What Percentage of Your Sales Can You Expect to Go for Rent?

If your business makes $1 million per year, that’s terrific. But if your annual rental costs for your prime commercial real estate is $999K, your profits are suddenly not all that great. While our example may be a bit far-fetched, it’s not unusual for businesses to end up with leases that constantly gobble up a large portion of their profits. Calculating Rent Based on ...

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Commercial Space Rental: Evolution of Retail Neighborhoods

Lively neighborhoods are a real estate dream. Apartment residents love the short walk to restaurants, shops and other services. Businesses love the steady stream of shoppers and clients that populate the streets. And building developers are so keen on the concept that they’re consistently erecting new apartment buildings in urban and semi-urban neighborhoods with retail ...

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How Long Does It Take to Lease a Commercial Space?

Even if you’re itching to get out of your existing office space tomorrow, your actual move to a new space will take a shade more time. In fact, the commercial leasing process can last anywhere from several weeks to a full year, depending on the length of each of the multiple steps you’ll need to take. Figuring out your office space needs: One to three weeks Here you ...

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