Choosing a Commercial Real Estate Broker Takes Study
Article
By Bernadette Starzee Via Long Island Business News
Leasing, purchasing or building space for your business is a huge
undertaking. Considering the amount of money involved and the effect
location and facilities will have on nearly every aspect of your
company, it's important to invest time and energy in finding the right
commercial real estate broker.
As with many professional services, you must first determine your needs and your budget. You will know right off the bat, for instance, if you're looking for office, industrial or retail space, and most likely if you will be leasing or buying. If you want office space, determine if you will be seeking Class A, Class B or Class C space.
Class A office space means larger, premier buildings with high- profile locations that are easily accessed. Class A buildings have on-site management, impressive lobbies and amenities galore, and they usually rent for $27 to $35 per square foot per year. Class B buildings, which generally have good locations, professional management and some amenities, rent for about $22 to $30 per square foot per year. Class C space is no-frills.
It's usually found in older buildings or converted industrial buildings, without lobbies or amenities, and it costs about $15 to $21 per square foot per year.
Once you have narrowed down your needs, you can start shopping for a commercial real estate broker. Don't just take out the phone book and start making calls. Ask for recommendations from others who have leased office space. Commercial real estate lawyers, bankers and architects, who work with commercial brokers, can also recommend good ones. You might contact professional commercial real estate associations, which require its members to meet certain standards, for a list of brokers in your area.
For more information on commercial real estate advisory services from Pacific Security Capital, call 1-800-844-6085 or visit www.pacificsecuritycapital.com
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April 10, 2006 in Commercial Real Estate Advisory Services | Permalink | TrackBack
Ninety Percent of Real Estate Owners Over-Pay Federal Income Taxes
Article Via RISMedia
At least 90 percent of commercial property owners are paying too much in federal income tax because they fail to take the tax deductions that are available on real estate.
In analyses of property depreciation during the past four years, consultants found that at least nine out of 10 owners of commercial real estate were improperly reporting depreciation on federal income tax returns. As a result they paid too much in tax dollars.
IRS guidelines on depreciation are clear. They delineate which building components may be depreciated over a shorter life. The reclassification of short-life items into correct asset classes leads to higher depreciation and lower federal taxable income. However, many real estate investors and accountants disregard these IRS guidelines.
To learn more about commercial real estate advisory services from Pacific Security Capital, please visit www.pacificsecuritycapital.com or call 1-800-844-6085.
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March 30, 2006 in Commercial Real Estate Advisory Services | Permalink | TrackBack
2 new twists to real-estate investing
Article by Timothy Middleton Via MSN Money
Amid all the talk
about a home-price bubble, commercial and overseas real estate are
areas that could still handsomely reward investors.
The six-year rampage staged by real-estate stocks is showing no signs of fatigue. Doubters, including me, have been proved wrong again as returns from mutaul funds investing in the group have rocketed ahead more than 20% annually.
Click here to read the full article.
To learn more about Pacific Security Capital's Commercial Real Estate Advisory Services, visit www.pacificsecuritycapital.com or call 1-800-844-6085.
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March 9, 2006 in Commercial Real Estate Advisory Services | Permalink | TrackBack
How to maximize your commercial real estate portfolio
Building up a commercial real estate portfolio is one thing, maximizing its value is another. Many sponsors don't have a portfolio mentality as they view their commercial real estate portfolio as an assembly of a number of different indvidual assets as opposed to a true operating portfolio.
The ability to optomize financial engineering at every level of the capital structure is greatly enhanced when you consider all assets in the portfolio as opposed to individual one-off transactions. In fact, financing assets without taking into account the ramifications on the overall portfolio is a critical mistake that many sponsors make.
Understanding not only how to unlock the trapped-equity in a portfolio, but how to pool assets for trading, create operating lines for acquistion and how to lower overall cost of funds are just of few of the things that can be acheived by working at the portfolio level as opposed to the individual asset level.
Authored by Mike Myatt
Executive Managing Director of Pacific Security Capital
Contact Pacific Security Capital today 1-800-844-6085
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February 27, 2005 in Commercial Real Estate Advisory Services | Permalink | Comments (0) | TrackBack
How to use commercial real estate advisory services to leverage efficiency and increase ROI
Outsourcing to professional services companies that provide subject matter expertise is regarded as best practice methodolgy in virtually every industry sector. However this usual and customary practice for most businesses has been adopted slowly in the commercial real estate sector.
Outsourcing allows a commercial real estate owner/sponsor to add leverage, gain economies of scale and increase efficiencies by cost effectively securing skill sets and core competencies that would otherwise have to be organically developed or acquired at higher costs.
By utilizing an outsoured relationship for commercial real estate advisory services developers of all sizes can assemble world class talent that will translate into higher project returns and more efficient execution at every level without any loss of control.
Authored by Mike Myatt
Executive Managing Director of Pacific Security Capital
Contact Pacific Security Capital today 1-800-844-6085
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February 13, 2005 in Commercial Real Estate Advisory Services | Permalink | Comments (0) | TrackBack






