Economic and commercial real estate (CRE) experts have had their attention tuned to CRE interest rates lately. This is especially true if you’re an investor searching for potentially lucrative properties to add to your portfolio–is this a good time to buy? Or should you wait out the uncertainty to see if the market changes? Although…
DetailsThere are plenty of resources available to help you once you’ve decided to move to a new office space, but what if you haven’t made up your mind yet? If you’re reluctant and aren’t sure if now’s time to act, here are four signs to nudge you along so you can make this important decision.…
DetailsAccording to the NAIOP Research Foundation’s “Economic Impacts of Commercial Real Estate, 2018 Edition”, Maryland ranks number seven in the United States in terms of state gross domestic product generated by office real estate development. The report further stated that commercial real estate in Maryland supports nearly 48,000 jobs and contributes $7.78 billion to the…
DetailsOn May 27, 2018, eight inches of rain pummeled the streets of historic Main Street in Ellicott City, Maryland, flooding homes and businesses alike in a span of two hours. After the storm, it was quickly apparent that the town had a lot of rebuilding ahead. But as is the case with most storms, it’s…
DetailsSince the mid 2000s, coworking has been positively disrupting the commercial real estate industry. We say disrupting in the sense that it was a major change to the way businesses traditionally hunted for office space, but positively in that it offered much more affordable options for small businesses, freelancers, and others—the Creative Class—who were seeking…
DetailsThe commercial real estate industry has far-reaching effects across nearly all other industries. As we’ve learned from our decades of experience in commercial real estate, each new year brings a unique set of challenges that we must contend with as well as thrilling developments that we welcome and enjoy. While not all predictions come true,…
DetailsWe’ve recently just come out of the longest government shutdown in history, and unfortunately, it may shut down again very soon. During the 35 day shutdown, institutions without 2019 spending plans were affected most, including Agriculture, Commerce, Homeland Security, Housing and Urban Development (HUD), the Interior, State and Treasury. Sadly, an estimated 800,000 government workers…
DetailsReal estate is a sound investment, offering incredible potential for a steady passive income. And when done right, renting out your property can involve very little work from you personally. But if you don’t consider what goes into a successful rental business, your property could easily become a costly headache. Let’s review some tips and…
DetailsWhen you’re opening up shop or moving an existing business to a new location, it’s natural for you to think about the area where you’re looking for real estate — you want to know about the demographics there, how close you are to major interstates and what other businesses will be nearby. But what about…
DetailsAnother locally owned business has found a new home, putting it in a better position for further success and growth, thanks to Murphy Commercial Real Estate. MRE Properties recently welcomed Rutabaga Juicery & Eats into a long-term lease agreement at 4 Ridgely Avenue in West Annapolis beginning in the spring of 2020. Great Opportunity For Local Business Joe…
Details
