As a commercial real estate agent handling industrial property and vacant land for quite a while, I have come to appreciate particularly two quotes that have stuck with me. The first is from an appraiser friend Paul Koepke who guided me in my early years learning the appraisal business. He quoted from the Preamble to […]

Lynann’s thoughts on ICSC RECon 2018: At first glance, I noticed that attendance seemed light.  Reports stated that there were less retailers than last year with booths.  Retailers typically dominate the South Hall of the convention center.  At 9:30 a.m. on Monday (opening day), I thought the South Hall was very quiet with little activity. […]

PDF Version: Blog – Checklist for Lease Closing When all of the negotiations have been completed, and the broker and commercial tenant have agreed to the terms of the lease, all that is left is the lease closing. Often there are so many backup papers that must be produced, examined and approved; the closing can […]

SIOR Report, Spring Edition 2018 Many, if not all such transformations offer a wide range of opportunities for SIORs. Matthew Cravey, SIOR, Cravey Real Estate Services, Corpus Christi, Tex., convinced an investor to put under contract a former HEB Grocery store building. “While under contract, we found a charter school to lease the main building,” he […]

CORPUS CHRISTI, Texas – May 11, 2018 – Matthew Cravey, President, represented Charan Investments LTD (seller) in the sale of 229 SPID to Rabroker Family Partnership, Koetter Fire Protection (buyer). The property includes a 6,372 SF light industrial building that sits on 2.2 acres of land. Koetter plans to refurbish the building to use as […]

Before a Tenant makes the final decision on staying or moving, the dollar-per-square-foot costs need to be compared along with other benefits that the tenant may receive. Newer office buildings often fill up at the expense of older office buildings. Because new buildings cost more to build, rental rates will be higher. In many areas, […]