Retirement Planning with Tartan
As you approach retirement, you need a strategy for your commercial property just as you do for your retirement. You don’t control market conditions but can control your decisions in that environment. Whether you sell, lease, or explore other options, making the right decision now can significantly impact your future financial security. This client still enjoyed working but circumstances […]
Preparing for Retirement: Top 5 Things Commercial Property Owners Should Consider
Preparing for Retirement: Top 5 Things Commercial Property Owners Should Consider As you approach retirement, deciding what to do with your commercial property can be both exciting and daunting. This pivotal moment requires careful planning and informed decision-making to ensure your financial security and peace of mind. Tartan Properties has guided numerous clients through this […]
Alexandria Chamber of Commerce Business Leader of the Year: Donnie Simpson
Recently I had the honor to introduce the Alexandria Chamber of Commerce Business Leader of the Year Donnie Simpson at the annual Best in Business Awards event. In preparing my remarks I had the opportunity to reflect on the power and importance of role models in my life.
Where Is Your Leverage?
As with any negotiation, understanding your value and knowing where you have leverage is essential to any transaction. The size of your company, your track-record and financial strength are what you bring to the table. If you are in the market for office space, or any commercial space, understanding each party’s position will help you […]
Five Things to Negotiate in Your Next Lease
Negotiating concessions in a commercial lease transaction is largely about tailoring certain aspects of the deal to fit the needs of your business. If you work with your real estate advisor you can successfully map out your objectives and priorities.
5 Things You Must Know Before Purchasing Commercial Property
As a commercial real estate brokerage firm in Northern Virginia focusing on the representation of commercial property owners, we understand that becoming an investor and landlord can be a very attractive way towards building wealth and creating monthly cash flows. However, it’s essential to understand that being a good and profitable landlord requires proper preparation […]
The Power of Pattern Recognition in Commercial Real Estate
As a commercial real estate professional with years of experience, I have developed what I believe is a keen sense of “pattern recognition” when it comes to identifying opportunities and potential issues in commercial real estate transactions. Too often residential and commercial real estate brokers allow themselves to be commoditized and seen mostly as “space […]
Location Location Location
In residential real estate you constantly hear the saying “Location, Location, Location” and in Commercial Real Estate the right location means everything to the success and sustainability of your business. Location is not limited to what city you choose or the corner lot versus the middle of a busy intersection. It also determines your zoning […]
Moving at the Speed of the Market: Knowing When to Speed Up and When to Slow Down
There is a time to move fast and a time to move deliberately. One of the things I like about this profession is that every commercial deal is a little bit different. And some of this variation has to do with the “Speed of the Market.” Understanding the “Speed” translates into the leverage you have […]
Building a Winning Team for Your Commercial Real Estate Search: Key Roles to Fill
As a business owner, you have many roles. You play HR, CPA, cashier, quality assurance, etc. When you are ready to start your commercial real estate search, it may be your instinct to take on the role of a commercial real estate broker. I encourage you not to make the same mistake that so many […]