Purchasing land in the Raleigh-Durham area for commercial development may be a more intricate process than you think. Before you decide to buy the land, keep the following costs and concerns in mind. If you have any questions about purchasing land, contact the experts at Craft Commercial for the answers you need. Concerns Regarding the Land Use Is the property you […]
Whether you are managing an office building or a warehouse, it’s crucial to not only keep up the building’s interior and exterior, but to keep up with all of the paperwork involved. Here is a brief checklist of all of the financial statements, deeds, licenses, and other documents that come with managing commercial real estate […]
When you’re applying for rezoning in the Greater Raleigh area, you must complete a list of steps that include a pre-application process, meeting with nearby property owners, and approval from the city or town. Follow this essential checklist for rezoning to keep track of your case. Pre-Submittal Concerns Pre-application process Complete a rezoning intake requirements […]
Choosing the right building is essential to growing your business. As you narrow your search for the right commercial property in the Triangle area, consider the following costs and property issues if you plan to lease the building. You may want to avoid selecting a property that raises these red flags. Concerns About the Property Can your building support the technology […]
American Girl, a national retailer that sells wildly popular dolls for children, will be opening a new store in Crabtree Valley Mall, the largest shopping center in the Triangle. The seasonal store will be located adjacent to Sears opening from October 1 to January 31, featuring a mixture of the most popular American Girl dolls, […]
Downtown Raleigh is exploding with new construction and development and has seen over $2.75 billion in investment in the last decade. The denser development results in more efficient use of land and the highest value per acre in property tax revenue to the city. A Major Grocery Store is Coming Downtown The fastest growing area […]
Before you purchase commercial property in the Raleigh-Durham area, you must carefully weigh legal, financial, construction, and aesthetic considerations. Using this Land Purchase Checklist will help you make the best decision. Questions to Ask About the Property As you are examining the land, keep these critical questions in mind concerning the property itself, the development potential, […]
The average level of vacancy in the Raleigh-Durham area has dropped to its lowest point in over 15 years. This is causing lease and sales prices to explode. Your timing is excellent to see big returns in commercial real estate investments. There are several new opportunities on the horizon for the greater Raleigh area. Recently, four new office spaces […]
What is TICAM and How Does It Work? TICAM is a business real estate acronym standing for Taxes Insurance & Common Area Maintenance. As the acronym suggests, TICAM is part of a TRIPLE net Commercial Lease where tenants pay for their proportionate share of the taxes, insurance, and common area maintenance (such as trash collection, […]
Over 75% of Americans shop at a shopping mall each month. If you are looking for a great investment in the Triangle area, check out our retail options. The Triangle’s Most Successful Malls Developers have chosen to strategically place shopping malls off of major highways because of the convenience in location and the large amount of revenue they generate […]
