Commercial real estate development can look like building a new facility from the ground up on a vacant parcel. It can also involve taking a current facility and making it into something more profitable. Those who own commercial real estate sometimes need to adjust...
The commercial real estate market has been experiencing some trouble since early 2020, and the trend seems to be continuing. That’s caused a lot of investors to take a step back – but others see it as an opportunity to get into the market at bargain prices. If you’re...
There are many different reasons that businesses decide to purchase commercial property in Pennsylvania. They typically purchase the property for specific purposes. They may need to have a warehouse in a certain location, they may need a new office, a larger facility...
As the U.S. economy appears heading toward recovery, it may or may bring along with it the commercial real estate market. Time will tell, but economists speculate that the commercial real estate market likely will take longer to bounce back as companies reexamine...
Real estate transactions can often seem straightforward. But there are pitfalls which can appear if care is not taken to avoid them. Making intelligent decisions early in the process of any transaction can help you avoid misunderstandings and even litigation. Letter...
When buying your first home, it is easy to feel overwhelmed and out of your depth. Many first time home buyers end up making avoidable mistakes simply because they get overwhelmed by information and do not do proper research. As a first time home buyer, what are the...
Before the end of your Pennsylvania commercial lease term, you may want to examine the local market and take a good, hard look at your existing lease agreement. Commercial lease terms are often lengthy, so it is wise to review your lease to make sure it still suits...
When the real estate market is especially tough, you may find yourself in a bidding war over a commercial property. If you really want to secure the property, you will have to find a strategy to win. Fortune Builders explains that a bidding war does not always end if...
Pennsylvania state law dictates agreements between landlords and tenants. The Pennsylvania Landlord and Tenant Act dictates what can be in a legal rental contract as well as suitable actions between the two parties outside of the contract. These laws determine how...
After months of searching for the perfect location for your Pennsylvania-based business, you think that you found the one. Before signing a contract, what due diligence should you prioritize though? Business News Daily dives into some areas to research before agreeing...