|
|
|
Real Estate News Releases
|
(EstateNewsWire.com, January 14, 2017 ) HOUSTON, Texas, September 28, 2016 – Coldwell Banker Commercial (CBC) advisors help business owners find the perfect lease, including office, industrial, medical, retail properties and even land. In June of this year, CBC advisors moved into Houston with over 20 Houston-based commercial real estate professionals advising prospective clients.
Leasing a building for commercial business is a very important decision and should not be based on cost alone. Finding top-rate commercial leasing is more than just comparing financial rates. Prospective business leasers not only want the best value for their money but also the best location for their business.
Coldwell Banker Commercial Advisor, Patrick Buckhoff, compares the necessity of balancing a leaser’s conditions to the four legs of a table. “Just as four steady legs of a table is necessary to keep items it holds steady, four factors are necessary to keep the balance when deciding a location to commercially lease,” Buckhoff explains.
The commercial advisor recommends that looking at the cost is important but stresses “to be sure to ask if that is the flat rate or are there other fees in addition to the base fee.” Sometimes there are hidden fees in the small print, so the tenant unwillingly ends up paying more.
Next, the tenant needs to consider the length of the lease and compare it to what he is trying to accomplish, including enough square footage to accommodate growth in the business and whether or not he plans to stay in the area.
It is also important to look for any incentives that are offered when you sign a longer lease. This option will lock in a steady rate for the length of the lease with built-in renewals. Even though landlords may prefer to raise the monthly rate after a year or two, they may decide that having stable tenants rectifies the extra monthly amount by avoiding vacancy issues later.
The tenant must also ask if he is able to terminate the lease if necessary and what costs may be involved. To keep both tenants and landlords happy, it is necessary to balance your leasing desires and put all of your options on the table.
To learn more about Coldwell Banker Commercial properties in Houston, visit www.cbcadvisors.com.
About Coldwell Banker Commercial
CBC Advisors employs a thorough commercial real estate research strategy to more accurately obtain the highest level of market information throughout service regions. Market research teams track leases, sales and ownership criteria for a diverse class of commercial property types, analyzing sales and lease rates to precisely forecast market trends.
Timely, relevant commercial real estate data allows our skilled professionals access to the essential tools needed in advising clients on local market conditions, statistics and trends impacting their distinct industry and circumstances. Advanced analytics allows our clientele the premiere information needed to make sound commercial real estate decisions.
Coldwell Banker Commercial
Patrick Buckoff
7138405049
Patrick.Buckhoff@cbcadvisors.com
Source: EmailWire.Com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
