commercial real estate: Leasing in Surprise
- 02/07/09 09:35 AM
Commercial Real Estate may be weak in AZ but retail, office and industrial leasing is still moving in Surprise and the northwest valley. As a tenant rep, I have been watching rates fluctuate from what is actually being agreed to Vs. asking prices. Creative deal structuring is important as you can strike a great balance that is a win-win for both the landlord and the tenant. Tenants need reasonable rates in the first few years while the landlord is looking for strong leases to leverage with lenders or potential buyers. Surprise is over built in retail and office but not so … (0 comments)
Commercial Real Estate may be weak in AZ but retail, office and industrial leasing is still moving in Surprise and the northwest valley. As a tenant rep, I have been watching rates fluctuate from what is actually being agreed to Vs. asking prices. Creative deal structuring is important as you can strike a great balance that is a win-win for both the landlord and the tenant. Tenants need reasonable rates in the first few years while the landlord is looking for strong leases to leverage with lenders or potential buyers. Surprise is over built in retail and office but not so … (0 comments)
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