Retiring with Commercial Real Estate: What to do with your asset
Are you nearing retirement and wondering what to do with your commercial space?
Last week we went to closing with a client that had retired several years ago, sold his business and rented his commercial property. But after years of tenants coming and going he decided being a landlord no longer suited him and he wanted to sell the property. As we talked in the parking lot after closing, I was reminded that there are many reasons that lead people to sell their businesses and retire. It can be age, a desire to travel, health, divorce, or it can be motivated by the lure of a profitable sale. This conversation made me think I should update an article I wrote a few years ago on this topic and share again some new thoughts on what to do with your commercial real estate when you are ready to be “gone fishing!”
read moreDecember 17, 2020
Listing Commercial Real Estate to Lease
Listing commercial real estate to lease or sell is a process, and the thoroughness of your approach will greatly dictate how successful you are. By following these basic steps in TARTAN’s listing process, you are more likely to find a qualified tenant at a market rate in a realistic timeframe whether your property is office, retail, or industrial.
read moreDecember 7, 2020
Leasing Commercial Property
The Tartan Way
The decision to lease new space is driven by many different factors—the need for growth and expansion, a desire to upgrade the quality of your space, or possibly, improved access to mass transportation. No matter the motivation, the process you undertake to select and secure new space is the same. By following these basic steps in TARTAN’s leasing process, you are most likely to find the building or space that fits your company’s overall requirements.
read moreNovember 4, 2020
Buying Commercial Real Estate
The TARTAN Way
The Commercial Real Estate world, for a first-time buyer or seller, can be daunting without proper guidance. In this five part series, we’re going to be sharing the process that TARTAN goes through with our own clients to try to demystify selling, buying, and leasing commercial real estate.
Buying commercial real estate can be an excellent investment for your business or personal wealth but it can be complicated and is not without risk. The process of acquiring commercial property is a transactional one, and the thoroughness of the process and the due diligence we undertake together will dictate how successful you are. By following these basic steps in TARTAN’s Buying Process, you are more likely to achieve your target pricing and timing.
read moreSeptember 25, 2020
Oakville Triangle Development Update
After years in limbo, the on again off again development plans for the Oakville Triangle area of Alexandria have finally been put in place.
read moreAugust 19, 2020
