CENTURY 21 Edge

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News, advice & local insight

Effective Tenant Communication Strategies for Commercial Property ManagersManaging Commercial Leases · June 20, 2024 · 4 min readEffective Tenant Communication Strategies for Commercial Property ManagersIn commercial property management, communication isn't just part of the job— it is the job. Whether you're overseeing a shopping plaza, an office park…The Four-Day Workweek Effect: How Compressed Schedules are Reshaping Office UsageOffice Trends · June 19, 2024 · 4 min readThe Four-Day Workweek Effect: How Compressed Schedules are Reshaping Office UsageThe traditional five-day workweek has been the cornerstone of American business for generations. However, a significant shift is underway as companies…Energy Efficiency Upgrades That Boost Commercial Property NOIProperty Management · June 18, 2024 · 5 min readEnergy Efficiency Upgrades That Boost Commercial Property NOIIn the competitive world of commercial real estate, property owners are constantly seeking ways to enhance their Net Operating Income (NOI). While man…Navigating Due Diligence When Selling Commercial PropertySelling Commercial Property · June 17, 2024 · 6 min readNavigating Due Diligence When Selling Commercial PropertySelling commercial real estate is a bit like preparing for a thorough home inspection—except with much higher stakes and a magnifying glass that exami…Future Development Impact on Commercial Site SelectionSite Selection · June 15, 2024 · 6 min readFuture Development Impact on Commercial Site SelectionIn the high-stakes world of commercial real estate, the old adage "location, location, location" tells only part of the story. Today's savvy investors…Evaluating Commercial Property Location: 5 Factors That Drive ValueBuying Commercial Property · June 14, 2024 · 8 min readEvaluating Commercial Property Location: 5 Factors That Drive ValueWhen it comes to commercial real estate, the age-old mantra "location, location, location" remains as relevant as ever. However, truly understanding w…How Zoning Impacts Commercial Property Value and UsageCommercial Real Estate Basics · June 13, 2024 · 7 min readHow Zoning Impacts Commercial Property Value and UsageZoning regulations represent one of the most powerful yet frequently misunderstood forces shaping commercial real estate values. These local governmen…Debt Service Coverage Ratio: How Lenders Evaluate Commercial Property LoansFinancing & Loans · June 12, 2024 · 6 min readDebt Service Coverage Ratio: How Lenders Evaluate Commercial Property LoansIn commercial real estate financing, few metrics carry more weight than the Debt Service Coverage Ratio (DSCR). This calculation serves as the corners…The True Cost of Leasing Commercial Space: Hidden Expenses to ConsiderLeasing Commercial Space · June 11, 2024 · 4 min readThe True Cost of Leasing Commercial Space: Hidden Expenses to ConsiderWhen businesses venture into leasing commercial space, many focus solely on the base rent figure. It's like buying a car and only looking at the stick…Tenant Eviction Process in Commercial Real Estate: Legal Steps ExplainedLegal & Compliance · June 10, 2024 · 5 min readTenant Eviction Process in Commercial Real Estate: Legal Steps ExplainedEvicting a commercial tenant isn't anyone's idea of a good time—it's about as enjoyable as a root canal during an IRS audit. Yet sometimes, despite yo…Commercial Lease Renewal Process: Timeline and Steps for LandlordsManaging Commercial Leases · June 8, 2024 · 5 min readCommercial Lease Renewal Process: Timeline and Steps for LandlordsAs a commercial property owner, few things are more valuable than reliable, long-term tenants who pay on time and maintain your property with care. Wh…Tax Implications of Commercial Property Sales: Planning AheadSelling Commercial Property · June 7, 2024 · 8 min readTax Implications of Commercial Property Sales: Planning AheadWhen it comes to commercial real estate, the old adage rings especially true: it's not what you make, it's what you keep. A successful commercial prop…
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