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Size and layout First and foremost, carefully consider the size and layout of the property where you want to pitch your restaurant. Imagine the space with furniture and people as the size of an empty place can be deceptive. Keep in mind that the dining area usually takes up 45–65 percent of the restaurant while […]

Whether you are buying an office space or expanding your commercial portfolio, getting the right finance in place is crucial to your success. While there’s a range of finance options available to fund your project, the lending process can appear complex. Let’s take you through some of your options, so you can make the right

1. Rent and increment clause The first point to carefully examine is how much rent you will pay and the increment clause. It’s advisable to also ask for the security deposit and how much of this amount will be refunded when you vacate the property. Make sure the rent agreement also lists a termination clause

1. Create standardized spend processes Uniformity in spending is vital for the efficient performance and reduction of costs for any company. By ensuring standardized spending, you can create efficiencies for your organization and add consistency to purchasing. One way to do this is to identify the most qualified vendors and use them repeatedly to achieve

Here are a few tips to help you strike a good commercial real estate deal: 1. Design an action strategy The best commercial real estate deals are scored with the help of a solid action plan. Even before stepping into the CRE market, ask yourself some important questions like: What is the outer limit of

Optimum energy consumption and reduction of power wastage hold the key to the efficient functioning of any commercial building and office space. According to a study by Environmental Protection Agency, up to 30 percent of energy consumed in a commercial building is lost. In view of this, it’s imperative for facilities managers to use advanced

1. What are your Requirements of an Office Space? The first step to any planning requires you to list your team’s specific requirements from the workspace. Ask yourself if your team members will each need a dedicated workstation or can you design an open floor plan. Another important factor to consider is – do your

Here are five technological innovations that are transforming the commercial real estate business: 1. Automation With the popularity of portals and mobile apps, automation of listings and other dynamic stock real estate data is possible. With the help of automation, it’s convenient to access crucial information like units sold, localities with maximum sales to help

The vagaries and unpredictability of the commercial real estate market are known to all. There may be times when commercial property rates skyrocket and at others, the value of the same properties come down to affordable levels. Buyers have an edge in a slow market as there is a surplus property for sale. However, the

5 Reasons Why CRE Is a Better Investment Than Stocks 1. Regular Stream of Income Commercial properties offer a regular stream of income at a higher rate than most other asset classes. With a regular renewal of leases and fewer vacancies, CRE assures a regular flow of income. Investment in CRE properties in active markets