Selling
Commercial Properties Inc., announces the $9 Million Sale
Phoenix, Ariz (February 28, 2024) — Source From: https://realestatedaily-news.com/ Commercial Properties, Inc./CORFAC International (CPI) Arizona’s largest locally-owned commercial real estate brokerage, is pleased to announce the sale of Building F in Venture Court Professional Plaza in Anthem, Arizona. The ±27,223 SF two-story office building is located off I-17 and Anthem Way at 41810 N Venture…Read More→
Read More....1031 Exchange vs. Cash Refinancing: Which Is Best For You?
If you’re like most real estate investors, you’re continually assessing your portfolio to see if you are spending your money well. That involves exploring your real estate choices to determine if you can extract your value and reinvest in a more successful investment vehicle. You may realize this equity in your assets in one of…Read More→
Read More....The Perfect Time to Sell CRE
There are many factors to consider when deciding when to sell your commercial real estate (CRE) property. Let us start off by saying that it should not be an impulsive or overnight decision, unless extremely necessary. It takes time, research, discussion, and reflection in order to come up with a decision that can generate profit…Read More→
Read More....Four (4) Ways to Value Your Commercial Property for Sale
So, let’s say you have a commercial property and you want to put it up for sale. The problem is however that you’re not exactly sure the best process of determining the value of commercial real estate (CRE) properties. Given the fact that most CRE projects are larger deals, much thought should be given so…Read More→
Read More....What Constitutes CRE Price Drops?
Commercial real estate (CRE) property prices are influenced by many factors. Price drops or price increases among these properties may be predicted once these factors are analyzed, which include Supply and Demand, Demographics, Location, Interest Rates, Economic Situation, Government Policies, and Global Shifts. Supply and Demand Supply and Demand are two of the most…Read More→
Read More....What is a Letter of Intent?
In a leasing project, it is likely you will come across a Letter of Intent (LOI). In this article, we have rounded up everything you need to know about a Letter of Intent. A Letter of Intent (LOI) is a written non-binding document between two parties that serves as the basis for a contemplated future…Read More→
Read More....1031 Exchange vs. Delaware Statutory Trust (DST)
The concepts on real estate investing can be tricky, especially if you don’t know the basics of each. Here, we have rounded up information about 1031 Exchanges vs. Delaware Statutory Trusts (DST). Real estate investing has some advantages to boast, such as: The use of leverage to increase returns; Significant tax advantages from “non-cash”…Read More→
Read More....10 Reasons Why You Need a Commercial Real Estate Broker in Closing That Deal
In the field of commercial real estate, selling and buying can be touch-and-go. Much of the risk in commercial transactions lies in the selling and buying aspect versus holding the property. Therefore, it is common for clients and landlords alike to struggle when dealing with commercial transactions. Without good representation and legal framework, you could…Read More→
Read More....Commercial Real Estate: Due Diligence Explained
If you are planning to buy a commercial property, either as an investment or for your business, you should consider conducting due diligence as it is an important element in your negotiations and in the contract. Due diligence is defined as research and analysis of a company or organization done in preparation for a business…Read More→
Read More....Advanced 1031 Exchange Strategies
Most people are aware of the fact that when you sell a long-term investment, which includes real estate, you have to pay taxes. And generally, taxes don’t come cheap. One of the strategies investors use is the 1031 Deferred Tax Exchange or simply, 1031 Exchange. Since we’ve talked about 1031 Exchange in our previous article,…Read More→
Read More....25 Commercial Real Estate Terms You Should Know
The world of commercial real estate is complex and uses terminologies that may not be familiar to you. Learning these terms is like learning a new language. At first, it can be overwhelming but once you’ve familiarized yourself with these, it will help you better understand the process and make you aware of what…Read More→
Read More....10 Things to Know About 1031 Exchanges
(1) A §1031 tax deferred exchange is for investment property only. Land, commercial, or residential property that has been rented out, all qualify. (2) A seller must use a Qualified Intermediary (QI) to act as the safe harbor of their funds (3) You must spend equal to what you sell for minus customary closing costs…Read More→
Read More....My Commercial Property Won’t Sell, Why?
Your commercial property won’t sell, you listed your building up for sale and it simply didn’t sell. The first thing to do is to take a step back and analyze the situation. Try to assess what factors led to your property not selling. Below are the top four reasons why properties tend to languish on…Read More→
Read More....LCRE REPRESENTS THE INVESTMENT SALE OF BLACK BEAR DINER AT 1420 MARKET PLACE DRIVE, GREAT FALLS, MT
LCRE Investment Team is proud to have exclusively represented the Buyer, 52nd Street, a Joint Venture, in the purchase of a Black Bear Diner located at 1420 Market Place Drive, Great Falls MT 59404. This Retail Commercial Building was an Absolute Net Investment. It was built in 2007 with 7,365 square feet. It Sold for…Read More→
Read More....LCRE REPRESENTS THE INVESTMENT SALE OF 1314 S BROADWAY STREET, PITTSBURG KS
The LCRE Investment Group is proud to have exclusively represented the Buyer, 52nd Street, a Joint Venture, in the purchase of 1314 South Broadway Street in Pittsburg, KS. 1314 South Broadway Street is the Ideal single-tenant absolute triple-net (NNN) investment opportunity building with approximately 2,970 square foot retail, offering a 15-year lease with attractive 10%…Read More→
Read More....LCRE REPRESENTS THE COMMERCIAL LAND INVESTMENT SALE AT 37996 N. GANTZEL RD., SAN TAN VALLEY AZ
The LCRE Investment Team is pleased to announce the investment sale of 37996 North Gantzel Road, San Tan Valley AZ 85140. This iconic ±232,519 SF land parcel (5.34 Acres) is located on the NW corner of Gantzel Rd. & Pecan Creek Drive with 400’ frontage on Gantzel Rd. in San Tan Valley. The parcel sold…Read More→
Read More....LCRE REPRESENTS THE OWNER/USER SALE OF 14201 N HAYDEN RD., SCOTTDALE, ARIZONA
The LCRE Investment Team is proud to have exclusively represented B&J Buildings, LLC in the sale of 14201 N Hayden Rd, Scottsdale AZ 85260. 14201 N Hayden Rd.,Suite C-3 is an industrial condo with approximately 3,119 square foot industrial/flex building located within the Hayden Business Center. It sold for $522,432.00 at $167.50 per SF on…Read More→
Read More....LCRE REPRESENTS THE INVESTMENT SALE OF VENTURE PROFESSIONAL PLAZA – BUILDING B AT 8805 W UNION HILLS DR, PEORIA AZ
The LCRE Investment Team is proud to have exclusively represented Seller in the investment sale of Venture Professional Plaza – Building B located at 8805 W Union Hills Dr, Peoria AZ 85382. This Commercial Multi-Tenant Office Building, included a pad with frontage on Union Hills Drive for potential Build to Suit, Seven (7) tenants and…Read More→
Read More....LCRE REPRESENTS THE INVESTMENT SALE OF 1337 SOUTH GILBERT ROAD, MESA AZ
The LCRE Investment Team is proud to have exclusively represented the Buyer in the sale of 1337 South Gilbert Road, Mesa AZ 85204. This investment is located in Tableland Village II at the Southeast corner of Gilbert Road & Southern Avenue at a signalized intersection with close proximity to US 60. The center is constructed…Read More→
Read More....LCRE REPRESENTS THE INVESTMENT SALE OF 761 DALE EVANS DR, ITALY TX
The LCRE Investment Team is proud to have exclusively represented the Buyer in the sale of the Dollar General at 761 Dale Evans Dr, Italy TX 76651. This retail NN investment was built in 2004 with 9,301 square feet. It sold for $700,000.00 at $75.26 per SF. The cap rate was 7.9% with an NOI…Read More→
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