When we represent a seller of a commercial property, we try to determine what type of buyer will most likely be interested in this particular property. We then focus the main appeal on those elements that are most important to that type of buyer. Types of Buyers Typically, there are three types of buyers for […]

Adam Stern has joined Cravey Real Estate Services, Inc. Adam will specialize in the sale and leasing of commercial buildings and land. Adam Stern brings with him a unique skill set that comes with a diverse business background.  Adam moved to Port Aransas, TX from Montville, NJ in 1996.  Prior to his move to South Texas, […]

On Thursday, June 21, 2018, the Supreme Court ruled that “internet retailers can be required to collect sales taxes even in states where they have no physical presence”. Online shopping has become very popular in recent years because of the low prices, wide selection, and convenience but e-commerce also had the advantage of being tax-free […]

A high percentage of speculative low-rise industrial buildings today are flex buildings. Developers are favorable toward a flex building as it meets the needs of many modern industrial building users. A flex building is a single or multi-tenant building that will accommodate different amounts of storage and office needs, depending on particular tenants’ needs. When […]

Preventative Maintenance Preventative maintenance is one of the most important components of successful property management. Preventative maintenance is used to foresee any potential problem. An aggressive preventative maintenance program should be developed for both large and small properties, whether building staff consists of only a part-time maintenance worker or a larger number of employees supported by […]

(For the PDF version: https://craveyrealestate.com/ns/wp-content/uploads/2018/06/Blog-A-Wide-Range-of-Opportunities-in-Commercial-Real-Estate.pdf ) Investors in real estate sometimes become fixed on one type of commercial property. However, there is a wide range of opportunities out there. Commercial property provides space for a business. The kinds of commercial properties are as diverse as the kinds of businesses out there. Here are the major categories of […]

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 […]

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, […]