A few weeks ago, we talked about the dos and don’ts for leasing a medical office space in the Baltimore-Washington corridor. Today, let’s take a look at what you need to know when leasing a retail space. Determining the Budget First and foremost, it’s important to understand your real estate costs. How much money should…
DetailsAlmost all companies will experience this at one time or another: the need to move. Whether you’re upgrading your square footage or seeking a more stylish space, an impending corporate relocation can be intimidating even to the most prepared people. Between picking a new space, packing, and the physical move, where should you even begin?…
Details2018 First Quarter Newsletter Murphy Commercial Sells 1419 Forest Drive, a 20,000 Square Foot Office Building, in Annapolis Bates Creative Will Grow and Flourish Their Artistic Intelligence Atop Whole Foods in Silver Spring Annapolis Towne Centre’s Newest Mixed Use Office/Retail Building Signs Raymond James The first quarter of 2018 has come to a close, and…
DetailsMurphy Commercial is pleased to announce Annapolis Rheumatology expands their practice to 18 Magothy Beach Road, Pasadena. 18 Magothy Beach Property is a New Single Story Medical Building located in the heart of Pasadena. Annapolis Rheumatology joins Annapolis OB/GYN, Maryland Primary Care, CVS and the Y of Central Maryland to the center. “I was extremely…
DetailsOn December 22, 2017, President Trump signed the new Tax Cuts and Jobs Bill into law. The bill will provide a multitude of benefits for commercial property owners and is being hailed as a victory by every corner of the commercial real estate industry, including the NAIOP and the Real Estate Roundtable. Let’s take a…
DetailsTribe Cycle, Annapolis’ first and only indoor cycle studio will be spinning into 890 Bestgate Road Spring 2018. After months of searching for a visible, accessible location in the Annapolis retail market, the space at 890 Bestgate Rd (former home of Baltimore Coffee and Tea) seemed just perfect. The accessibility from General’s Highway and Route 50, coupled with being directly…
DetailsCommercial building owners are always looking for ways to save more money, and one often overlooked resource is energy efficiency. Notably, research shows that utility bills–including energy bills–represent one of the highest operating costs for building owners nationally, more than taxes and insurance. To recoup these costs, most building owners pass these expenses onto their…
DetailsBusiness is rapidly becoming an integral part of a consumer’s online experience–you can now virtually shop for anything from groceries to cars and commercial real estate locations. The rise of e-commerce is most plainly seen in the downfall of once major brick-and-mortar retail shops like Sports Authority and Wet Seal. Despite these recent changes in…
DetailsEconomic 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.…
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