Click here to view Ferrer Commercial Real Estate Advisors Q1 transactions Want to learn more? Feel free to contact me with any questions you may have! Commercial Real Estate Broker in Charleston, SC Mike Ferrer, CCIM, MCR has over 15 years of commercial real estate Brokerage and Development experience. With a focus on warehouses, manufacturing, office buildings, vacant land, and …
Commercial Real Estate Agent’s Daily Tasks
According to the National Association of REALTORS®, real estate agents work an average of 40 hours per week. As any hard working commercial real estate agent in Charleston will tell you, a 40 hour work week is the bare minimum. 60-80 hour work weeks, including the occasional nights, weekends, and holidays, are closer to the norm for commercial real estate …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
Parking w/ an Industrial Lease
Parking w/ an Industrial Lease Unlike office parking ratios which frequently focus on employee density, industrial lease parking must take into account many more factors including the size of delivery vehicles, loading docks, and use of outdoor space. The type of business you run and the work on the grounds all come into play when deciding if the industrial lease …