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Last Summerville SC Commercial Lot for Sale in Strathmore Development

Strathmore Development Off Jedburg Road in Summerville SC  There is one final commercial lot for sale in the Summerville SC Strathmore Development. This acreage is located in the Jedburg Road Improvement District in Summerville SC which will help facilitate the permitting process. This land is fully entitled with the PUD in place. The property will be at a lighted intersection …

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Securing Optimal Space for your Industrial Business | Charleston Commercial Real Estate

Securing Optimal Space for your Industrial Business When businesses require industrial space to operate and function effectively, it can be a frustrating and even perilous journey to find, compare, and negotiate the best deal for everyone involved. If you’ve secured space and negotiated a commercial lease before, you may have learned this the hard way. If you don’t have commercial …

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Becoming A Successful Commercial Real Estate Agent: The Basics

Becoming a successful real estate agent can be very lucrative and rewarding yet it takes time, experience, expertise, and very hard work. Real estate as a whole can be quite demanding and unpredictable, and potential agents must continually maintain the skills and duties the job requires. Sectors of Commercial Real Estate After gaining their license, commercial real estate agents need …

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Four Tips When Renting Industrial or Warehouse Space for Your Business

Are you looking to grow or expand your business, and find yourself needing industrial space or even a warehouse? Make sure you do research and plan accordingly. Today Mike gives us a few tips on how to find the perfect commercial space for your business. Four Tips When Renting Industrial or Warehouse Space for Your Business Quantify your needs View …

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QUARTERLY UPDATE FORCAST FOR 2018

Ferrer CREA, LLC. anticipates Industrial vacancy will continue to climb in the first half of 2018 due to new Distribution Centers (DC) product coming on line. Much of the new deliveries are large distribution centers which will have an outsized impact on vacancy rates. These larger 300k+ SF products will move the needle significantly more in a market like Charleston …

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4 Tips When Leasing or Renting Your Commercial Office Space

Last month we gave tenants some pointers when looking to rent or lease office space for their business. Today, we’re flipping the coin and speaking to the Landlords of commercial property and commercial office space.  Filling vacancies is not rocket science; however, it can be extremely time consuming and frustrating…especially for landlords who own several commercial office buildings around town. …

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Tips for Successful Real Estate Investing

Over the course of human history, few investments have faired historically as well as real estate. When considering investing there are no wrong types of real estate to invest in; however, you must fully understand the benefits and risks associated with both residential and commercial real estate investments. The two main classifications of real estate investing are residential vs commercial …

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Four Tips When Looking to Rent Office Space for Your Business | Charleston SC

Are you looking to grow or expand your business and find yourself needing office space? Mike Ferrer, CCIM, MCR and Commercial Real Estate Broker shares his tips for finding and leasing the perfect, most cost effective office space for your business. When looking to rent office space for your business in Charleston, take the time to follow these tips:  1. …

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Are High Charleston Rental Rates Pushing Businesses Out?

Charleston’s Rent Is On the Rise The Charleston Retail Real Estate Market can often lead to unique delivery opportunities, like going mobile. Today, we’re chatting about how high retail rental rates in Charleston South Carolina can create innovative business space like mobile offices in RVs or food trucks. Rental rates have skyrocketed, especially on Charleston’s King Street which is one …

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The Synthetic Lease in Commercial Real Estate

The Synthetic Lease in Commercial Real Estate What is a synthetic lease? A synthetic lease is a relatively new technique which allows a lessee to control real estate and reap rewards by way of tax benefits for depreciation.  Essentially the synthetic lease is structured in a way so as not to be recorded as a liability on the balance sheet but …