Here’s a cool video that teaches people about real estate vocabulary. What is a letter of intent? It is basically a letter to express interest in a property, but does not serve as a sales contract. They are basically contracts that express good faith, but cannot be used in courts assuming something goes wrong. It [...]
There’s an old adage that states, ”little things can have large impacts.” This saying goes true to almost any thing, even to selling houses. The littlest things that you don’t notice may affect how your potential buyer views it. Ever notice the little spot of mold hidden behind that couch, or the black smoke stains [...]
Retail spaces in established Central Business Districts are usually wonderful investments. Think about it this way… Street frontage is typically limited if not scarce. Thus, if the retail climate in your region is good, prime retail spaces will appreciate quickest in terms of rent, thus making them decent investments.
Nevertheless, this does not make them perfect. [...]
With a pricetag of $360 million, International Business Machines (IBM) is building its ninth environmentally friendly cloud computing center in Research Triangle Park, North Carolina. According to Bob Greenberg, general manager of IT optimization:
This new data center is part of IBM’s commitment to construct the world’s most advanced data centers. When we open for business [...]
This morning, I was reading Commercial Property News… The flood of vacant office space and slowing economy in Miami, Florida are starting to drive down office rents in South Florida, particularly in the CBD areas. Not just Miami, but West Palm Beach and Fort Lauderdale are also feeling the pinch of the credit crisis. Florida, being [...]