Commercial development is the ground-up construction of income-producing commercial property: office, retail, industrial, healthcare, hospitality, and increasingly specialized assets such as data centers.
Log in to followWorking through an industrial build to see whether it's even the same sport as the small multifamily I know. Land is $1.2M for about 4.5 acres. Hard cost pencils at $145/sf on 60,…
Trying to build a real predevelopment budget for a small commercial site and I keep guessing at the line items. I know I need a survey and a geotech report and civil drawings. I d…
A broker sent me a pad site listing, 0.9 acres in front of a grocery anchor, asking $410k, zoned for retail. His email said "ideal for an owner-user or small developer." Every art…
Lender told me they can't issue a term sheet on a small retail box we're looking at until there's a Phase I in the file. Someone in another forum said those are about $2,000. The…
42,000 sf medical office building, all in at roughly $16.8M, so about $400/sf including a $85/sf TI allowance for the anchor. Construction loan quoted at 62 percent LTC, SOFR plus…
The listing calls a 3 acre parcel "fully entitled for 30,000 sf of flex." I called the planning department to ask a basic question about setbacks and the person told me there's no…