What is Really Important In Designing Your New Office

August 2019 – There are so many different things to consider when you are designing your new office space from the ground up.  You start with the basic layout concept but then you overlay, lighting, IT needs, entertainment wants, workspaces to social spaces but ultimately if you are doing it holistically you are using this opportunity to drive or reinforce your companies “culture.”

Your commercial real estate broker can help you tackle the first element of the culture puzzle–working to find the building that has the right vibe in the right neighborhood. A space that speaks to your employees and actually helps make recruiting easier. (more…)

August 22, 2019

The Amazon Effect on Northern Virginia Commercial Real Estate – Amazon Watch 001

July 2019 – Much has been made of the potential Amazon Effect on Northern Virginia commercial real estate and the region when Amazon HQ2 arrives. Will it be like Seattle?  Are home prices going to skyrocket? Will empty office buildings in the region suddenly fill up? Are roads going to become clogged with all the new Amazon workers?

Here are a few facts to consider as we imagine what is ahead for the Arlington-Alexandria area now referred to as National Landing:   (more…)

July 16, 2019

Are You Nearing Retirement? What Should You Do With the Building?

July 2019 – Are you nearing retirement or beginning to make a succession plan for your company? Possibly you are the last wave of Baby Boomers making your way into retirement. Over the past several years a growing segment of our practice has become assisting business owners in making decisions around their commercial real estate, as they plan for their retirement.

As business owners begin mapping this process, they will have several options to consider; selling the company separate from the real estate, selling the business and leasing the real estate to the new owner or selling the business and disposing of the asset to real estate investor.  The decisions will be driven by financial goals, current financial situation, current market conditions or other personal motivations. (more…)

July 15, 2019

Tartan Properties Completes 1031 Exchange in Abilene, Texas

May 2019 – Tartan Properties is happy to announce that it recently completed a successful 1031 Exchange. The client acquired an Urgent Care/ER Clinic in Abilene, Texas.  The triple-net leased property sold for $6,450,000 at a 7.25 cap rate with a ten-year lease in place. Additionally, this investment property was the first transaction Tartan has brokered west of the Shenandoah Mountains. The transaction was complete after the help of with Greg Brownd, CCIM of KW Commercial in Lubbock, Texas.

Tartan’s client was looking to place the equity that had been realized with the sale of a 3-building, 67,000 sf industrial/ R&D complex located just outside of the Capital Beltway in Lorton, Virginia after a 20-year hold. When the long-time tenant decided to relocate and consolidate its operations in another of its leased facilities, the owner decided to sell the fully depreciated asset which needed significant improvements and upgrades.

Tartan Properties Commercial is a leader in Northern Virginia commercial real estate sales and leasing since 1973.  Call our office today for more information on the 1031 Exchange process and opportunities to acquire triple-net investments that pay you rent every month.

May 31, 2019

Industrial Property in Lorton Virginia Sale Completed

December 2018 – Tartan is excited to announce the successful sale of a portfolio of industrial property in the Lorton, Virginia industrial submarket, on the I-95 Corridor, for a longtime client of Tartan Properties Commercial.  While presenting a few challenges for marketing, a field of the well-qualified buyer was distilled down in a relatively short amount of time to maximize the owner’s investment.

December 30, 2018