3 ways a commercial real estate investment can go wrong
Investing in commercial real estate can be highly lucrative. Yet, if things do not work out as you hoped, it can be a surefire way to burn through millions of dollars. The key to ensuring your investments are profitable lies in the groundwork. While there is never a...
Can You Break a Lease When Your Business is Struggling?
Finding the right commercial space to lease out may feel exceedingly difficult. When you finally do locate it, you may quickly sign a multi-year lease just so that you can get started. But what if a space turns out to be less perfect than you assumed? You know that...
How Commercial Real Estate Closings Differ From Residential Closings
If you’re purchasing your first commercial property, you’re likely wondering how similar the closing process is to closing on a home. In fact, there are a lot of differences. They both have their share of regulatory requirements, but not the same ones. Transactions...
Consider These Points When Finding a Commercial Space
Finding a location for your business is one of the most important things you can do, but you can’t focus on the location of the property and forget about some other factors. There are many things that you need to consider. Another one that many people think about is...
Is Purchasing Commercial Real Estate the Right Move for You?
If you are a business person and you want to buy commercial real estate in Hawai’i -- a new, architecturally impressive site for your offices or a larger building for your retail operation-- it’s a great move to enhance your brand. However, it’s best to do some...
Hawai’i Sees Dramatic Shifts in the Commercial Real Estate Market
In November 2019, the news media reported that, based on a report by Hawai’i Commercial Real Estate, there had been a seismic shift in the commercial real estate market. Vacancy rates were down, so landlords -- not tenants -- were suddenly gaining more power to write...
Want to Change the Zoning for Your Property? It’s a Long Process.
If you want to build in Honolulu, it’s important that you understand the zoning laws and regulations in the region. There are specific districts and areas where certain kinds of properties may be built. For example, there are: Apartment districts Resort districts...
What Should Your Company Consider Before Signing a Lease?
Commercial leases are vastly different from residential leases. If it’s time for your company to establish or renew a commercial lease, there are some very specific things that you need to consider. Taking the time to think about these can help to protect your company...
Consider The Following When Buying Commercial Real Estate
If you’re in the market for a commercial lot that you can develop or a building you can use to start your new business, you need to know exactly what to look for. The real estate that you choose could help to define the level of success your business sees. It’s not...
Is the Price of That Commercial Lease Really What You Think?
In some lines of business, location is everything. The ideal spot can be hard to come by, and when a well-placed premise comes on the market, someone else may snap it up fast. However, before you rush to sign a commercial lease, you need to be sure you fully...