Property Management Services | Camden Management

Many successful companies - both large and small - choose to lease their commercial real estate instead of buy. There are many advantages to being a tenant: It reduces upfront costs, lowers ongoing expenditures and gives you and your business much-needed flexibility. The brick and mortar storefront for selling products and services can range in size from a small boutique to a large department store. As you search for commercial space for your business , it’s important to know about some of the expenses you may need to budget for so you can have a successful renting experience. Here is a list of possible leasing expenses we think you should know about. Rent Obviously, you know you’ll need to pay rent, but be sure to ask about how long your rent amount is locked in for, and what the schedule is for any possible rent increases. This will allow you to budget accordingly. NNN expenses These are triple-net leases where the tenant is responsible for the base rent, along with property

If you’ve just launched a business or are ready to move your business out of your home office or garage, you will have to decide whether you want to buy or lease commercial real estate for your office space. When you lease a commercial space for your business, you are renting it from its owner. Leases are available for a set term, at which point you can renegotiate if you wish to continue operating your business from that location. Here are a few reasons why leasing commercial space would be a good choice for your business: More Flexibility When you buy commercial real estate , you have to make a significant down payment, usually between 10 percent to 40 percent of the property’s value. You are also responsible for the closing costs and appraisal fees. Renting gives you more flexibility because you don’t have to tie up as much cash as you would if you were buying. No Major Repairs Or Upkeep Significant maintenance problems and upkeep will be the responsibility of the property

Do you own a warehouse, office building, retail space or other commercial properties? If so, it might be time to get help from real estate management experts to help you manage your property so you can increase visibility and streamline operations and help your property’s value grow. Meanwhile you can enjoy peace of mind knowing that your properties and day to day operations are in the hands of experts. If you’ve ever thought about it here’s why it might be time to choose a real estate management company for your commercial property. When is It Time to Hire a Real Estate Management Company? Whether you own one property or multiple properties managing them and overseeing day to day operations can be time consuming and a lot of work. From building upkeep to maintenance, and screening potential renters many property owners often face busy schedules that leave little time for focusing on long term growth. Continue Reading ...