Identifying and finding the ideal building is similar to the finding a lease property. First, you need to determine what type of building is required. You can put a regular office user in any commercially zoned office space. However, you can’t put a medical user in any office building. The space must be zoned medical, as the zoning requires more parking. Where is the optimal location? Does the building need to be on a bus line? What size do you need? Can you pay cash for a building, or do you need to take out a loan?
Develop the Building Criteria
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.