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Aug 31
Recently we marketed a vacant industrial building in Medina for lease or sale.  It was an older building, but well maintained.  We believed, based on market comps, that it was worth around $850,000.  We were able to lease it to a national credit tenant for eight years with options to renew.  Upon adding some tenant improvements, the occupied building is now worth almost double the original estimated value.The point here is, there are two ways to purchase industrial real... + read more
Jul 25
Hungry for Multi-Family: Aren’t We All??If you’ve had a conversation with a real estate investor, chances are the term “multi family” or “apartments” has been discussed. Why is that? The sales volume of multifamily properties equated to $12.5 billion before the end of last year alone, while 2016 was a record-breaking year for apartment sales.Contributing to the attractiveness of multifamily properties is the strong potential cash flow; mixed with tax breaks,... + read more
Jul 16
 Should I Buy or Lease? The better question is, do you want to be in the “business of owning real estate”?Considerations:Is your business in a mature state and do you know how much square footage your business will need in the next 5-10 years?  If the answer is no, then you should lease until you know.  Leasing gives you more flexibility grow into space or downsize if necessary.  If you own it, that mortgage payment doesn't change.If your business fails... + read more

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