<h2 class = 'uawtitle'>Searching For Commercial Real Estate</h2><br />
<div style='font-style:italic;' class='uawbyline'>by Kevin Ierardi</div><br /><br />
<div class='uawarticle'>So you're in the Market for commercial real estate to help expand your business or start a new one. This market contains many different types of buildings and you will need to fond one that's just right for you and your business.<br />
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For the sake of this article we will say that you already own a company and you're looking to expand. When it comes time to shop the commercial real estate market it's vital to keep in mind what type of space your business will need as it grows. Consider what you will need such as a bigger warehouse, more offices or maybe a larger meeting space. However, these are no the only tings to keep in mind as look for property.<br />
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The biggest factor to consider is the cost of the new space. This space should not take so much from your bottom line that it affects your product or service. The last thing you want is to lose customers because your product has become less valuable. This can happen if there is not enough money in the business because your paying it all to a lease or mortgage. This can be tricky sometimes because the new space is probably not all getting used as the space is for the future of the company.<br />
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When the search for your property begins a good place to get started is right here on the internet. There are a couple of companies that stand out online from the others. The first company you should take a look at is called The CoStar Group. These people have a great website that is perfect for searching commercial real estate. They offer a filtered search query and a lot of very useful information that can help you choose the building or store that is just right for your business.<br />
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After you have gone through that site, if you have found nothing of interest the next stop on the internet would be The Wall Street Journal website. This website is also a great resource for commercial real estate. The Wall Street Journal is a popular source which means this may be the location you find what you need. They also have up to date information on the current market and a filtered search option.<br />
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If you take a look in these location and still can't find what you want don't worry, there are other ways of searching for property. At this point you want to use offline resources such as your local newspaper and the local papers of the towns you are interested in having your business. One note, take a look at the tax rates in each town to determine if things will be to expensive.<br />
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After looking through your local newspapers you may want to consider taking to the street. Get in your car and drive to locations where building you would be interested in would be located. Keep an eye out for signs that say the building is available. Signs like for rent, for sale or for lease are what you're looking for. If you see something that looks like it has potential then write down the contact info and contact the people.<br />
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Getting a new and bigger space for your company does not have to be something that is difficult. Its just important that you do your homework and make sure the building is right for your company. After you find the place you want it's vital that you know the terms of your new lease agreement. In most cases a normal commercial lease is 3 years in duration. If you are building a new facility or buying an existing one then you need to make sure you're clear on the terms of your mortgage. Bear in mind the taxes and insurance you will also be responsible for.<br />
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Once all this is complete the time has come to make the move. Sign your John Hancock on the agreement and let your new commercial real estate help your company blossom.<br />
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About the Author:<br />
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