Whether you are an experienced commercial real estate investor or are new to the market, one of the first decisions you will make is which property type suits you best. You will consider location, costs, return on investment, and of course, the outlook of that particular property type. In this case, it's office space that is proving to [...]
As we've mentioned before, there are significant differences between commercial real estate and residential real estate. One of them is glaringly evident in the leases associated with each— in fact, commercial leases are much more complicated. While a tenant is often responsible for paying their rent and possibly utilities from month to month in a residential lease, [...]
As you may know, real estate ebbs and flows just like any market. Periods of intense activity can often be followed by a winding down over several months, or even over the course of a year. It is the economy that plays the most pivotal role in these commercial real estate market cycles and any [...]
Classification of commercial properties in Alaska is typically based off of the current use. For example, a restaurant on a B-3 or general commercial lot would be categorized as Hospitality—Restaurant on akCOMMERCIAL.com. However, the B-3 zoning would allow for a user to potentially change the usage and/or redevelop the lot for a different purpose. If [...]
