Investing in industrial real estate can seem daunting at first. And if you’re unfamiliar with what to look for when purchasing industrial property, it can seem scarier still. However, with the right investment property advisor working with you, you can reap a long list of benefits. In this article, we’ll cover the top five reasons to consider industrial property investment in Denver.
But first, let’s ensure you have a strong understanding of what defines industrial real estate.
1031 exchanges can be complex. But when carried out correctly, they offer many benefits for investors. Obviously, the biggest benefit of carrying out a 1031 exchange (as opposed to simply selling a property and buying another one) is the tax payment deferral. But the benefits don’t stop there. 1031 exchanges can help you diversify assets, consolidate multiple properties into one for estate planning purposes, and reset property depreciation. Because of the complex nature of this type of real estate transaction, it’s best to seek the support of a 1031 exchange expert.
Successfully navigating the complexities of commercial real estate can be challenging. Without an experienced broker working on your behalf, it can be difficult to avoid the common pitfalls of leasing or buying property. Whether you’re a property owner, prospective buyer/investor, or a tenant, working with commercial real estate brokers in Denver, Colorado can save you a significant amount of time and money.
Securing a lease at the right office, flex or industrial warehouse space at the right time, for the right price is challenging. And if you try to go about it alone, your commercial real estate experience can end up being more costly. When it comes to a decision as big as this, it’s best to trust and engage a professional. If you’re interested in commercial tenant representation in Denver, we’re here to help.
Working with a tenant representative can result in major cost savings for you and your business. At Fountainhead Commercial, we work diligently to ensure we negotiate a deal that is in the best interest of your business.
A global client with over 150 locations needed to reduce overhead and refresh office finishes.
In order to do so, Fountainhead needed to evaluate their portfolio to determine where there was an opportunity to consolidate offices/relocate or renegotiate existing lease agreements while securing maximum tenant improvement dollars and other economic incentives.
Created a database tool to track all of the client’s lease administration including office size, rental rates, net expenses, remaining term, number of employees, and utility costs. Utilized information from the database, in addition to research on each market, to identify which metropolitan areas were most likely to provide maximum savings on renegotiation or relocation; identified and planned consolidation in 25 international markets.
Over the next twelve-month period we pursued decreased rent, tenant improvement dollars, free rent, and other concessions from the respective landlords. The client saved approximately 26% on their global occupancy cost, which equated to over $5,000,000 per year and approximately $27,000,000 over the renegotiated term.
If your business has locations across the United States, or even around the world, Fountainhead Commercial can help reduce overhead costs and renegotiate existing lease agreements. Contact us today to learn more.
Relocation can be a stressful time for business owners. There are a lot of unknowns and risk can be high if you don’t know what you’re doing. Fountainhead Commercial can help.
A regional law firm outgrew its initial space within the first 12 months of the lease term and desired to quadruple the size of its Denver office.
Tour the marketplace to create the required leverage to enable the client to expand within their current building, terminate their existing lease (with cost-savings), and relocate to a new space.
Justin Rayburn, tenant representative, successfully created the required leverage that allowed the client to expand within their current space, which generated an 11% savings on rent and tenant improvements (over $135,000 in value), terminate their existing lease obligation (a savings of approximately $125,000), and relocate to a new space that was designed specifically for their use.
If you’re interested in relocating and reducing your rent, reach out to us at Fountainhead Commercial. We’ll do the hard work for you so you can focus on other areas of business.
720.837.9407
Denver, CO
