Landlords can control the lease rates they charge for commercial properties, but one thing they can’t control is the triple nets. And though commercial lease rates haven’t gone up significantly, triple nets have, meaning that while tenants are paying more for office, warehouse and retail space, their landlords aren’t generating more profits. In the case of a gross lease, the landlord takes...
Xceligent has shut down operations effective immediately leaving only one MLS available to Commercial Real Estate. The decision to close their doors comes after a management change in October leaving Frank Anton the new CEO. After much deliberation with the leadership team of Xceligent, the final decision concluded to shut down operations. Many are concerned with only one MLS being...
As a Commercial Real Estate Practitioner you understand how the market can be adversely affected by uncertainty. That is why NAR is asking for your help to extend the Terrorism Risk Insurance Program created following the September 11, 2001 terrorist attacks. When private insurers withdrew from the terrorism insurance market, construction projects ground to a halt and commercial property values...