Month: January 2018

Commercial Office Space for Lease – January 2018

I apologize if the title of this blog has a certain theme park ride music playing around in your mind all day long, but as Amy Bush Commercial moves its offices this week,  I am reminded that it is a small world after all.   The photo above shows a sample of the commercial office space for lease we track – quite big, but all the relationships we find in the Triangle (entrepreneurs, investors, professionals, and all-around nice people who are all willing to help each other thrive) makes it quite small.

In January 2014, we joined Keller Williams Commercial Cary to take advantage of working for an International Real Estate company offering excellent sales and training opportunities. We will miss everyone in the KW Cary office.  But we are just a phone call away – it’s a small triangle after all!

We continue to look forward to providing the best service to Investors, Sellers, Buyers, Landlords and Tenants across the Wake County Commercial Real Estate market from our new KW Raleigh office.

Frequently Asked Questions

Many of our customers have been delighted in owning the Commercial Real Estate used by their closely held businesses.  Owner occupancy can provide them the advantages of stable rents for their businesses and appreciation for themselves.  Other benefits to the owner/occupier of Commercial Real Estate include the ability to employ advantageous tax strategies (reduce tax liability, offset taxes from other investment sources, etc.) and, of course, the control of the commercial property’s tenancy.

Owning Commercial Real Estate is a wonderful asset diversification as well.  The addition of commercial real estate to a typical investment “stock-and-bond” portfolio often provides a reduction in portfolio risk without the sacrifice of return.

And to return to another common theme at Amy Bush Commercial,  if one outgrows ones space or desires to move ones location,  the IRS code “Section 1031”  provides the opportunity to do a tax-free exchange of a property for a like-kind property.   We have blogged on the 1031 exchanges, but it is worth repeating that the tax law is generous in defining like-kind in the case of commercial real estate.

Finally, in our experience with local banks, acquiring a loan on an owner-occupied commercial real property is straightforward.  Lenders ❤ owner-occupied.

We like to recommended that business owners strongly consider owning the Commercial Real Estate associated with their business and rent from themselves!

A nickel ain’t worth a dime anymore.

The cold weather here has gotten me dreaming about spring and with spring, baseball.  We all know many of the famous quotes from New York Yankees catcher Yogi Berra.   Here are a couple of my favorites along with some of my thoughts on what they say about the Triangle Commercial Real Estate market.

No one goes there nowadays, it’s too crowded

The Triangle is a hot Commercial Real Estate market.  The supply is very thin relative to demand.  As a result, many spaces get sold or leased quickly.  However, the demand is real here, driven by outstanding job opportunities, strong housing market, world-class universities, and all the other things that put us on everyone’s top places to live and work lists.  So as long as our economic growth remains robust, don’t expect demand to weaken.  It may be crowded, but there’s another Yogiism to remember:

You can observe a lot by just watching

We are in touch with the Triangle Commercial Real Estate market every day.  We identify what is selling, what is leasing, where the action exists and where it does not.  There is no substitute for getting out there and talking to local landlords, tenants, investors, developers, and other clients.   We know that market and would be pleased assist you with your commercial real estate needs.

I have more Yogiisms, but perhaps I’ll save them for opening day.

We at Amy Bush Commercial wish you and yours a very happy and prosperous 2018.