We live on a planet where virtually any kind of catastrophe could happen. No one tends to think about this, but your homeowner's insurance company thinks about it all the time. Furthermore, with the effects of climate change, unexpected natural disasters are becoming more commonplace.
Recent action in the Dallas-Fort Worth commercial real estate market has shown a continuing demand and a trend towards higher sale prices for prime suburban properties.
An entrepreneur’s decision of where to set up a new business can be impacted by all sorts of considerations. This includes lots of business factors. However, it also includes personal considerations, such as where the entrepreneur would like to live and work.
One of the types of space that businesses sometimes lease to house their operations is office space. When renting an office property, the terms of the lease and other matters related to the lease can have the potential to considerably impact a business’ future and financial and overall well-being. So, when forming a lease in relation to office space it wants to rent or when disputes or issues arise in relation to an office lease it has already entered, a business may want to have a skilled lawyer’s help in negotiations or proceedings related to the matter.
There are many big changes a business owner may think about making to their business. This includes changes related to the space the business is located in. When a business is renting the property it operates in, one property-related change the business’ owner might consider is buying the property, thus shifting from renting to owning the property.
Sometimes, commercial property landlords and tenants get into disputes over monetary charges. One of the things these disputes sometimes center over is whether the landlord was allowed to assess a given charge.
When dealing with commercial real estate, understanding the language in your contract is only half the battle. But it's a critical part of the battle when it comes to profitability and risk-management, which is one reason why you might consider seeking professional legal assistance for your transactions.
It appears that commercial real estate investors are currently finding a lot to like about the nearby Dallas-Fort Worth area. Recently, a report ranked U.S. cities on how good of a location they are for commercial property investment. The rankings were based on the results of a survey that was conducted of nearly 1,500 real estate executives.
Sometimes, a company that leases, rather than owns, the business space it operates out of decides not to renew the lease for the space, but rather to move to a new location and find a new space to lease. Many different things could drive such a decision. One are financial concerns. A recent trend raises the possibility that deciding to lease a different location than their current one due to financial reasons may become an increasingly common thing for businesses.