Google to spend $13 billion on real estate in 2019



Internet giant Google has a growing appetite for real estate, and has pledged to spend some $13 billion this year on new data centers, officers and expansions of existing facilities. “With this new investment, Google will now have a home in 24 total states, including data centers in 13 communities,” wrote Sundar Pichai, Google’s CEO, […]

Keeping Everything in Order: 5 Dangers of Improper Building Maintenance



Commercial buildings are used by workers, business owners, and customers. All buildings used by the public must meet certain safety standards and all have their own liability concerns. The best way to meet standards and avoid lawsuits for personal injuries is to make sure the building and its mechanics are properly maintained. Lifts, moving stairs, […]

London and Other Gateway Cities Tops for Real Estate Investment



According to a report from Jones Lang LaSalle (JLL), London remains the largest commercial real estate investment market in the world.

SunCap Property Group Developing Spec Complex in Duncan, SC



Charlotte, North Carolina’s SunCap has announced the development of a 270,400 square foot industrial facility in Duncan, SC on a plot of 29.56 acres.

Is Your Image Well Represented? 3 Tips To Keep Your Office Space Rented



Becoming a commercial landlord can be a great experience as well as a very lucrative opportunity. However, your success and income will largely depend on whether you are able to attract and retain renters. The following are some tips to follow that can help you always present your best image to tenants.   Keep Up Appearances […]

Understanding Subordination Non-Disturbance and Attornment Agreements



Commercial tenants may be perplexed when months or years after signing their leases they are asked to sign a Subordination Non-Disturbance and Attornment Agreement (SNDA). The landlord may tell tenants simply that they “need the SNDA for the mortgage lender.” Tenants may not have a choice but to sign the SNDA. A clause in their […]

Michael Beattie, Other Experts Look at 2019 Toronto Construction Trends



Toronto’s commercial real estate projects have reached new heights in 2018, and trends indicate further growth in the coming year. This forecast is attractive to investors looking to develop new, income-producing properties that will continue to change the landscape of downtown Toronto and the GTA. Fueled by a boost in changing business trends, with an […]

Commercial realtors saw their income surge in 2017



Real estate agents in the commercial sector are benefiting from a substantial increase in gross income and sales volume, according to new data from the National Association of Realtors. The NAR’s latest 2018 Commercial Member Profile shows that the median gross annual income for members hit $150,000 in 2017, up from $120,999 the year before. […]

You Want Me to Move Where? Tenant Relocation Clauses in Office Leases



Many commercial real estate leases contain tenant relocation clauses, which allow the landlord to require that the tenant move to different rental space. Since relocations are uncommon, tenants may not pay attention to those clauses when negotiating their leases. However, the terms in the relocation clause can make–or break–a tenant’s business when triggered. Why Landlords […]

What to Look for in a Tenant Buildout



When leasing commercial real estate, tenants need to budget for the buildout. A buildout includes adding walls, doors, outlets, cabinets, and anything else that constructed in the rental space. In office leases, the lease usually requires that the landlord pay the cost of the tenant’s buildout. How Leases Describe Buildout Obligations No matter what the […]