A Phase I environmental site assessment (Phase I ESA) can save you time and money, regardless of your status as either buyer or seller. This assessment identifies both potential and existing environmental liabilities, many of which, if not addressed properly, can affect the risk associated with ownership of a property. Here are a few questions to ask that will help you in making the right choice regarding a Phase I ESA: For what purposes and industries has the property been u

Quality warehouse space in today's industrial commercial real estate market can be difficult to find at times. The availability of such space can be the result of both an upswing or a downswing in the national or even local economy, affecting real estate markets directly due to the inevitable reaction of local and national business. At times of low supply and high demand, finding the right commercial warehouse space for your business can be made easier by considering the foll

As discussed in a post made earlier this month regarding the basics of property management, the fundamental practice of successful property management is planning. With this in mind, many neglect to plan properly for hot summer weather and, as a result, find themselves in a number of property management predicaments. Why is this? Perhaps it is easier to concentrate on different things during the summer. Perhaps the challenges of snow and ice during the colder months seem more

Property management can be a risky endeavor for the ill-prepared, especially in rural, suburban, and even urban areas with limited road access and public services. The following is a list of factors to consider when managing a commercial property in rural, suburban, and urban areas: Seasonal road access, and issues related to seasonally inclement weather Seasonal parking lot and sidewalk condition, and issues related to seasonally inclement weather Services provided (and not

Similarly to what we wrote in a previous post, quality commercial space in today's industrial commercial real estate market can be difficult to find at times. The availability of such space is reliant upon fluctuations in both national and local economies, which affect the reactions of local and national businesses and property owners. In a time of low supply and high demand, finding the right commercial space for your business as efficiently as possible is of the utmost imp