Every Property Has an Expiration Date – Here’s How to Know When Yours Has Arrived
Selling commercial real estate isn’t always a choice. Sometimes life, money, partners, or simple arithmetic makes the decision for you. Here’s a question I’ve asked investors for over two decades: “What would have to be true for you to sell this building?” The answers are always fascinating, and they almost always fall into one of a handful […]
Alexandria’s Office-to-Residential Conversion Wave: Progress or Peril?
Alexandria Office to Residential Conversion The morning headlines keep coming, each one sounding like a real estate revolution: another vacant office building in Alexandria transforming into hundreds of new apartments or hotel space. CityHouse Old Town. TideLock. 801 North (everyone knows it as the former offices of AAA). The Herron Hotel. What started as a […]
Why Your Children Probably Don’t Want to Inherit Your Commercial Property (And What to Do About It)
Let me say the inside words out loud. Your children don’t want your commercial property. They just want the money. You spent 25 years paying down that mortgage. You renovated it, and you made memories there. Maybe you built your entire business there. It’s natural that you might have thoughts of it staying in the […]
Maximize Your Dental Practice’s Reach: Low-Cost Marketing Strategies
Maximize Your Dental Practice’s Reach: Low-Cost Marketing Strategies In today’s competitive market, there are standing out and building strong connections is essential, especially for startup dental practices. Here’s a quick guide to elevate your marketing efforts without breaking the bank: Network with Referral Partners: Build relationships with other medical providers, such as orthodontists, pediatricians, and […]
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.
Observations of Legacy Businesses
Recently I had several wildly different customer experiences with legacy automotive companies that left me thinking about how our customers feel about their interactions with TARTAN.
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.