Depreciation is a factor to keep in mind in any commercial real estate transaction. In today’s blog we will offer a basic definition of depreciation as it relates to commercial real estate, as well as a basic formula to calculate the depreciation of a property. What Is the Depreciation of Real Estate? Let’s begin by…
Zip codes are one of the many pieces of information experts use when assessing a commercial real estate transaction. With that in mind, in today’s post we provide a handy and updated guide to the different zip codes you can find in the Inland Empire. What Is the Inland Empire? The Inland Empire, also known…
Looking to understand how commercial real estate buildings are classified? Then keep reading, because In this post, we outline the BOMA classification for office space and explain the differences between each category of building. A Guide to the Classification of Commercial Real Estate Buildings Just like any other complex field, commercial real estate professionals use…
Whether you are looking to buy or sell, knowing the economic value of a commercial real estate property is essential. That’s why in our first blog post, we talk about what a commercial real estate evaluation is and show you how to get one for free. What Is a Commercial Real Estate Valuation? A commercial…
