If you own and operate a warehouse, you’ve heard all the crazy stories about people sledgehammering their way through walls to steal merchandise or slipping inventory into the trash for later retrieval. 44% of all burglaries are non-residential, and some experts call warehouse break-ins a growing epidemic. But how can you be sure your warehouse security is up to the test? Oh By Gosh, By Golly – It’s Time for a Security Audit It’s the…
E-Commerce and the Impact of South Dakota v. Wayfair
The North Texas industrial market continues to be an attractive destination for e-commerce. This cycle has seen blue-blood and trend-setting online retailers (Amazon, Wayfair, Stitch Fix, etc.) move here in droves to meet their ever-growing distribution needs. These companies have been a force behind DFW’s unprecedented development and record absorption. Looking to the future, investor optimism remains high anticipating extensive growth to our industrial hub, largely because of e-commerce distribution needs. Relocating or opening a…
Connecting the Dots: Networking Early in Your Career
A number of factors can impact your success as a fledgling commercial real estate broker – cold calling, building market knowledge, learning the ins and out of transacting a deal from start to finish. But perhaps one of the most important – and, often, most fun aspects of the industry is networking. Commercial real estate is easily one of the most relationship-oriented businesses out there. When I was fresh out of college and looking to…
How Millennials Are Using Technology for More than Just Having Fun
I was walking to my friend’s house off McKinney in uptown Dallas one day and saw these Bird Scooters on the sidewalk. I got curious and decided to take a ride. Two hours later, I’m on the other side of Knox Henderson cruising around Dallas. Millennials love technology and want to be up to date on the coolest/hippest new trend. The new Bird Scooters that are now on every corner in Dallas fit that description….
Financing the Purchase of a Building
Every person on this Earth, if they’re lucky, will make some life-changing decisions during their time. It may be the decision to move across the country for a job, or get a new car after years of driving that old faithful you bought right after college, or buy a house after years and years of apartment living. Or perhaps you are a business owner ready to take the plunge and purchase some commercial real estate….
Closing The Door On Open Concept Offices?
The growing, new trend is to focus on privacy and flexibility in workplace design. Employees are valuing closed offices in the more traditional sense. Many companies are creating offices with devoted quiet spaces and individual phone “closets” for clients. Instead of big conference rooms, many companies are creating small breakout rooms. This is prevalent – especially in existing office spaces. Open breakout spaces that can hold anywhere from one to five employees are becoming easily available…
Why Businesses Love Calling North Texas Home
Large cities have always been favored sites for business relocation. The most recognizable companies in the world have chosen to put down roots in New York, Los Angeles, London, San Francisco, Dubai, Vancouver, and other locales around the world that share a few defining traits—a large population, successful economy, and global recognition. Among these powerhouse cities, the Dallas/Fort Worth metroplex is a relative newcomer. However, the north Texas metroplex is increasingly attractive to enterprises, big…
Cryptocurrencies and Commercial Real Estate Collide
By now, everyone has heard of Bitcoin, Litecoin and the other multitudes of cryptocurrencies pervading the digital landscape, but most don’t understand what is really being mined, how it is impacting commercial real estate, or why it matters to them. Regardless of your personal feelings about crypto, the technology is here to stay and will increasingly affect CRE. First let’s establish what a cryptocurrency is: any digital currency which encryption techniques are used to regulate…
Industrial Roofing Options
So you’ve bought a building. You’ve waded through all of your financing options, found a great commercial real estate broker who understands your company’s needs, looked at every possible option on the market, and decided on a new home for your business. The inspector you hired walks through the building and gives you the bad news—you’re going to need a new roof. Whether the cause is wind, hail, or simply old age, any roof will…
