SimonCRE (151)

What to Know About Dining Out & Cloud Kitchens Now

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Many believe food delivery partners, such as Amazon Fresh, Postmates, and GrubHub, have become rising threats. So, with the mobile ordering and even delivery-only cloud kitchens now spreading across the U.S. — what […]

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Why are Environmental Assessments Important?

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. If performing the due diligence for a commercial project site is like preparing for take-off, then the Environmental Site Assessment (ESA) would be part of the aircraft check that grants the green light […]

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5 Red Flags to Check Before Closing on a Commercial Property

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. If real estate was easy, everyone would do it. So, when it comes to the closing statement on a commercial real estate property, you 100% need to dot all the i’s and cross […]

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No Luck Needed: The Advantages of a Build to Suit Lease

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. What do Dollar General, Olive Garden, Starbucks and McDonald’s all have in common? When you drive past each one, it doesn’t take more than one second to recognize its brand.  They each have […]

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Questions to Ask Before Hiring a Landscape Architect

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. When setting off to develop a new build to suit location, you’ll quickly find that there are many moving pieces to the process before you can be up and running.  In this blog […]

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What to Know When Ordering a Property Condition Assessment

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Much like going to the doctor, a Property Condition Assessment (PCA) during due diligence serves as an overall health report of what shape the property is in, especially when there’s no visible symptoms […]

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4 Things to Remember with Redevelopment

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. There’s a popular saying that says “sooner or later, everything old is new again.”  And that’s the motto when it comes to commercial redevelopment.  It can be a wonderful thing. This is why, […]

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Negotiating the Details of Build to Suit Lease

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Before the development team is ready to start laying the foundation for your retail build to suit location, you need to first create a solid foundation of the terms by negotiating a beneficial […]

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Single Tenant BTS Development: With vs. Without a Developer

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Single-tenant build to suit development is a very specialized segment of the real estate industry.  There’s no cut-and-dry reason for why one business decides to handle development in-house while another chooses to use […]

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Environmental Assessments Tips: When Faced With a Phase II

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. During the due diligence period for a single-tenant build to suit, if the Phase I Environmental Site Assessment (ESA) identifies any likelihood of contamination in the soil, groundwater or a vapor intrusion condition, […]

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Everything You Need to Know About CRE Zoning Reports

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. When it comes to the acquisition of a commercial property and municipalities’ ever-changing zoning laws, it’s a best practice measure to obtain a zoning report. Typically it’s required by lenders, but regardless, ordering […]

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Economic Outlook: Why You Should Invest in STNL Retail Now

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Real estate has often been described as the third leg of the stool that you should be investing in to maintain a steady, balanced portfolio. Well, investing in a single-tenant net lease (STNL) […]

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4 Ways to Keep Rent Costs Down in Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Although single-tenant build to suits can have an abundance of advantages, it doesn’t come without the challenge of staying on track with the budget and timeline to keep rent costs down. Leaping from […]

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4 Misconceptions of Build to Suits

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.   When a company decides it’s time to open another location, it’s not always a “one size fits all” solution that is the most ideal. In an especially tight or seller’s market, pursuing […]

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5 Can’t-Miss Items During Due Diligence

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. 1. Check early on its current municipality building code of ordinances. After examining the title and exceptions, the natural next steps should involve checking the site’s current municipality codes to confirm feasibility with your vision. […]

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3 Ways Preferred Developers Score Touchdowns

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Running with a preferred commercial developer on your team means having an all-star on your side during the decision-making process, but what exactly should you know before choosing one? 

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The Do’s & Don’ts of CRE Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Commercial real estate development is quite the undertaking. Whether you’re jumping into a new venture or have been involved since before mobile phones existed, everyone could use new tips or a refresher.

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How to Avoid Schedule Delays in Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Oftentimes change equals a challenge in the commercial development world. But a change in your schedule doesn’t have to become a crippling delay if you’re prepared for it. Unrealistic expectations of the permit […]

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Factors to Consider When Drawing Your Project Timeline

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. No two projects are the same; however, the following statement should be true for every projected timeline: Mission: Achieve balance among competing priorities for successful project management and execution by the set deadline […]

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5 Questions to Ask During Site Selection & Due Diligence

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Perhaps the most overused real estate term to date, “location, location, location” still rings true today during the site selection process, no matter how much the business and technology have evolved. Other factors […]

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Lessons to Learn From Retail Closures

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The threat of the “Retail Apocalypse” has been oversaturating the news headlines for the past few years, but nevertheless when news breaks about J.C. Penney, Toys “R” Us, Charlotte Russe, Payless ShoeSource Inc., […]

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Back to the Drawing Board: When Projects Require Site Plan Revisions

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. No commercial development project goes from planning to completion without a hiccup or two. From multiple site plan revisions to meeting various municipal requirements, these types of projects can be time-consuming and costly. […]

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The Value of Hiring Civil Engineers

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As part of our effort to break down the value of hiring different professionals (such as general contractors or architects) to assist in the development process, let’s look at a profession that’s been […]

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How to Establish Accurate Site Valuation

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Estimating the value of real estate is necessary for a variety of endeavors, including financing, sales listing, investment analysis, property insurance, and taxation. Improper site valuation can have a significant trickle-down effect on […]

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A Closer Look at Soft Costs in Commercial Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As part of our “series” breaking down commercial development costs, let’s take a closer look at the soft costs associated with the commercial real estate development process.   What are Soft Costs? Soft […]

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A Closer Look at Hard Costs in Commercial Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. When budgeting for a commercial development project it’s important to remember that costs typically break down into two broad categories: hard costs and soft costs. Considering the impact of a thorough budget on […]

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Measuring Cap Rates in Build to Suit Development

This post originally appeared on SimonCRE Insights Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Steady income, not having to deal with management issues, and solid tenants make build to suit triple net (NNN) leases very attractive for investors interested in diversifying their portfolio with a stable investment. […]

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