From the desk:
Under contract on a 9,200 square foot single tenant retail box in a small town, national drug chain style tenant, 6 years left on a flat lease at 118k a year absolute net. My cont…
From the desk:
First time reading a commercial purchase agreement rather than a residential one, and it's a different animal. This is on a small industrial flex building, 14,000 feet, two tenant…
From the desk:
A guy I met at a meetup forwards me deals. He sent one yesterday: 6 units, older brick building in a small midwest town, asking 385k. He says the seller is motivated because he's…
From the desk:
Under contract on a 21,000 square foot neighborhood strip center, seven bays, 78 percent leased. Contract 1.44m, in-place NOI about 139k, so a 9.65 in-place. My buyer is at 1.61m…
From the desk:
I've been circling one property for four months and I finally have it under contract, so now I get to find out what I actually don't know. 52,000 square foot suburban office, thre…
From the desk:
Six weeks into trying to build a commercial buyer side and I have 34 names, of which maybe four have ever told me a specific box they'd fill. The rest say things like "multifamily…