Office investing means owning office buildings and leasing space to business tenants for rental income.
Log in to followI've been running the same exercise on suburban office the way I'd run it on raw land, and it keeps failing in a way land never does. The building I keep coming back to is a 1987…
Broker sent me a 22,000 sf single-tenant suburban office. Regional bank operations back office, been in the building 11 years, 3.5 years remaining on the lease, 2 percent annual b…
Looking at a two story office building in a mid-size downtown, 8.2 percent cap on the listing, about 19,000 square feet with four tenants. When I asked who pays for what, the brok…
I mostly do land and zoning so office vocabulary is new to me. Two things I can't line up. Every market report I read says prime office is tightening while everything else struggl…
Looking at an LP position in a prime CBD asset and the debt is what I can't get comfortable with. Details as presented: $78m purchase, 91 percent leased, in-place NOI $5.65m, so a…
Guy at a local meetup runs a sponsor group doing office-to-apartment conversions and offered me a $50k LP unit. 8 percent pref, 70/30 split after, three to five year hold, and he…
Small-town deal, 6,200 sf single story office built in 1978, four tenants, asking $650k. Local bank says they'll look at it but they want a Phase I, a property condition assessmen…