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Commercial Real Estate Archives

What can you do if zoning doesn't allow you to run a business?

When you purchase a property, you likely already have an idea of what you want to do there. Zoning laws will affect what you are allowed to do in the space. Zoning laws restrict many activities and set requirements you must abide by.

What is residential zoning, and does it affect my home business?

When you want to build a home or run a home business, you need to make sure you have the right to build on the particular property. Most land falls within a certain zoning category. Here are a few you should know.

Commercial real-estate market faltering in 2017

Commercial real estate defaults have become a concern in 2016, indicating that the U.S. commercial property sector might be coming up on a slowdown in 2017. According to a Nov. 15 news report, the amount of money needed to purchase commercial real estate is going to increase, and purchasing is going to become more complicated in the future thanks to new regulations.

Questions to ask when picking a facility for your new business

So you're ready to launch your new business. You have your business plan, you've researched the topic as much as you can, and you want to go out and buy or rent a facility so you can really get started. This is an exciting time, but it's important to consider your new facility very carefully. Here are some questions you may want to ask.

Sometimes, the timing is not quite right

With any commercial real estate deal, there are always a number of components. There is the land acquisition. It may be simple and easily available, or it may be difficult and complex, with numerous parcels that need to be aggregated and multiple transactions with numerous private owners.

Did your text just create a contract?

Most contracts used in business and commercial dealings tend to be carefully drafted, with the assistance of lawyers. While some may be relatively simple, others involving complex transactions may stretch across hundreds of pages. In Minnesota, oral contracts may even be valid for some transactions.

A doughnut with your coffee?

The coffee in the coffee cups is not the only thing that is hot in the Twin Cities coffee shop market. Canadian donut shop, Tim Hortons, announced that they will be expanding into the Minnesota market. It is expected that they will open their first stores in the Twin Cities area and have signed an agreement with Restaurant Development Partners Corp. (RDP) to operate the stores.