Commercial Real Estate

Commercial Real Estate

The best time to buy commercial real estate, it seems, is always a few years ago. That's especially true today, with interest rates and inflation rising and consumer spending expected to sag.

But smart investors can still find regions and niches where prices are likely to hold up - especially entrepreneurs who know a downtown district well and can find buildings where a few improvements will increase the rent. Generally that requires imagination, effort, and money.

Before you take the plunge, the experts have a few other tips, like:

• Look for cities with high occupancy rates for office and warehouse space
• Seek out shops, apartments, and offices in urban areas
• Don't buy single-use properties that can't be converted.
• Don't pay more than replacement cost for older properties.
• Demand a higher return on smaller, older, individual properties

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