Blog

  • A few years ago, senior corporate managers were able to make major real estate decisions by themselves. Now, a negotiating team will negotiate leases. This team may consist of legal counsel, finance department representatives, outside specialists such as real estate brokers or tenant representatives, design......

  • Whether you are hiring a commercial property manager for the first time, or switching from one property management company to another, there may be lengthy negotiations between you as the owner of a commercial property and the new management company before a management contract is......

  • When leases for shopping centers are being drafted, they can be more difficult than most other commercial leases. In a shopping center, the owner wants the leases to be as uniform as possible, but knows that each lease must have variations to meet the individual......

  • No single property can fit all of the investment goals and rules an investor has set. Even if you tried to build a property to specifications, you would probably find some things “not quite right”. As a potential Annapolis investment property investor, you would therefore......

  • In many metropolitan areas, commercial land for development is in very short supply. Annapolis is no exception to this rule. When commercial land is scarce, we tend to see trends such as developers converting older warehousing to shopping areas, and demolishing existing buildings to build......

  • Here at Innovative Properties, we’ve been in the Annapolis property management business for 20+ years. In that time, we’ve learned a lot about screening prospective tenants and we’re sharing those lessons learned with you. When a property is being professionally managed, the property manager typically......

  • With changes in business strategies, some existing tenants of your commercial property may want to sublease all or some of their rented office space to eliminate some locations and shrink operations in others. In this situation, the problem for landlords is whether it is a......

  • Which is the better investment — a freestanding commercial building or a commercial condominium within a larger complex? Each has its own unique set of attributes, and so the answer really depends on the needs, goals and characteristics of the investor. Below is a comparison......

  • Acquiring land for development is necessary no matter what kind of market we are in, and as the Annapolis area continues to grow at a steady pace, land for commercial real estate development is at a premium. Professional real estate assemblers are always looking at......

  • When all of the negotiations for a commercial real estate deal have been completed, the broker and the commercial tenant have agreed to the terms of the lease. At this point, all that is left is the lease closing. Often, there are so many back-up......