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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

Typical Commercial Property Management Fees and Services Explained Here Owning commercial property can be an excellent investment, providing steady income and appreciation over time, but it is not for the faint of heart. Want to Understand Commercial Property Management Fees?

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Tenant insurance comes in several forms.

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

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White House Implements Plans to Facilitate Office-to-Residential Conversions

Esquire Property Management Group

In response to this scenario, stakeholders in the Commercial Real Estate sector, including landlords, developers, lenders, commercial property managers, and other interested parties, have turned their attention to a seemingly straightforward solution: the conversion of unused or vacant office space into residential units.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

Lease Terms: If the property is income-generating and there are existing leases, outline any relevant details regarding leases, tenants, and rental income; and any assignments that may be forthcoming. Financing Terms: If applicable, include details about the financing arrangements, including the amount, terms, and conditions.

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What is Driving the Growing Demand for Enhanced Electrical Capacity in Residential and Commercial Buildings?

Esquire Property Management Group

For commercial properties, especially those managing retail spaces or office parks, the demand for EV charging stations is becoming a key factor in attracting tenants and customers. Sometime the upgrades will barely make the properties competitive but are paramount to attracting new tenants.