Industrial land can appeal to businesses that want to build warehouses, factories or distribution centers. However, buying industrial property involves more than picking a location and agreeing on a price. If you are considering an industrial site, several issues can...
If you are purchasing commercial real estate in Pennsylvania, you will likely encounter an “as-is” clause. Sellers sometimes use this language to prevent post-closing disputes over property defects with buyers. However, an “as-is” clause does not automatically...
A lease is usually more flexible than a purchase. Business leaders looking for space in which to operate can lease property instead of making a permanent commitment by purchasing commercial property. When the lease eventually ends, the available options include...
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...