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Coldwell Banker Commercial BLAIR WESTMAC & Coldwell Banker Commercial Pacific Partners Real Estate Announce $3.6M Transaction
John P. Eddy of Coldwell Banker Commercial BLAIR WESTMAC in Long Beach, CA and Scott Pesch of Coldwell Banker Commercial Pacific Partners Real Estate in Eureka, CA announced the closed sale of Northwoods Mobile Home Park, 258 Central Ave. in McKinleyville, CA 95519, for the sale price of $3,600,000. This 11-acre, mobile home...
What is Commercial Real Estate (CRE)?
Commercial real estate (or, CRE) is any property used for business that is typically leased or rented out for workspace.  Commercial real estate can range from single-tenant buildings (i.e. convenience stores, small-scale retailers, restaurants, office space) to multi-tenant properties (i.e. shopping centers,...
How to Choose a Commercial Real Estate Agent
Buying or selling commercial real estate is a huge financial transaction. Regardless of whether you are an investor interested in finding a strip mall to add to your portfolio or a corporate employee tasked with finding a new commercial site for a warehouse or expansion, choosing the right real estate agent for your...
5 Things You Need to Know Before Investing in Commercial Real Estate
Savvy investors understand that having a diversified portfolio is the best way to defend against the fluctuations in the market. While residential properties do offer some options, over time many investors tire of the hassle of owning rental properties and consider purchasing commercial real estate instead. Commercial...
5 Common Mistakes When Buying Commercial Real Estate
Purchasing any property as an investment can be a challenge, but commercial real estate can be particularly complicated. Not only is it essential to analyze the market value of the existing property, but understanding its value to potential tenants or customers is critical to finding a solid opportunity instead of a...