Commercial Real Estate

US Office Vacancy Rate and 2017 Outlook – What It Means For You

Commercial real estate tycoons, get your wallets ready; the national office vacancy rate has officially declined to 15.7 percent! According to real estate research firms such as Reis Inc., this is the lowest office vacancy rate the US has seen since the second quarter of 2009. While this sounds good, what exactly does this mean for those investing in commercial real estate? It means that commercial real estate is increasing in demand! As employment rates and the economy, in general, continue...

3 Shocking Reasons Why Online Searches For Commercial Real Estate Don’t Work

Let’s face it; we live in a digital age where the Internet has a tool for everything. And while that can be liberating, it can also create blind spots! So when using online searches, keep these important factors in mind before committing yourself to a lease which may ultimately may not be the right fit for you and your business. 1. There’s no personal touch It’s a good idea to do some cursory online searches to have an idea of what you’re...

The Worst Mistakes To Make When Leasing Office Space

Everyone makes mistakes; it’s human nature. But for a major financial decision which can determine whether your business will sink or swim, it’s best to avoid mistakes of any kind. In our experience, the following mistakes are not only the most damaging to your livelihood’s space; they are also the most common! No Planning When Leasing Office Space It takes a considerable amount of time to either renew a lease or move to a new space. In fact, depending on the requirements...

Commercial Real Estate Trends in Dallas in 2017

While 2016 was certainly a tumultuous year, the fact remains that investing in commercial real estate is one of the best options for a diverse and thriving portfolio. At MacyNewman, we would like to take a few minutes to highlight some of the trends which drove the industry throughout the year, and where we believe the market will be as we begin 2017. Global and national political uncertainty: While the U.K.’s “Brexit” from the European Union will certainly cause ripple effects across...

The Basics of Commercial Real Estate with Macy Newman

So you’ve decided to break into the commercial real estate business. Great! Or, perhaps you’re expanding your holdings and investment portfolio from a single office space into multiple locations with varied uses. No matter what your comfort or experience in the industry, there is always something to learn. Let these basics be either a tutorial or refresher for you as you get started. Commercial Real Estate Property Types Commercial real estate is simply property solely used for business purposes, which can include...