CRE Mistakes Series: Traffic

CRE Mistakes Series: Traffic

Traffic mistakes can be critical. If you visit your future business home in the middle of the day and there is no traffic, that doesn’t mean the situation will be the same at 8:00 a.m. or 5:00 p.m.

If you are a retailer, you want thousands of cars passing your building, especially if they are going in the right direction in the evening and morning. However, if you are an office tenant and there is only one way into the building and traffic is heavy at peak times, you might want to look else where. Remember: Time is Money!Sitting in traffic is an expensive use of your time.

 

 


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About the Author

Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.